CURTIS NICHOLAS T 4
Research Summary
AI-generated summary
LENSAR (LNSR) CEO Curtis Nicholas T Receives 130,662 RSUs
What Happened
Curtis Nicholas T, Chief Executive Officer of LENSAR, Inc. (LNSR), received a grant of 130,662 restricted stock units (RSUs) on June 3, 2026. The grant is reported at $0.00 (non-cash award); each RSU represents a contingent right to receive one share of common stock when vested.
Key Details
- Transaction type/code: Award (A) — grant of RSUs.
- Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (timely).
- Shares/units granted: 130,662 RSUs; reported price $0.00; reported acquisition value $0.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: RSUs vest in four substantially equal annual installments on each anniversary of the grant date, subject to the Reporting Person’s continued service.
- No 10b5-1 plan, tax-withholding sale, or exercise/cashless-sale noted in this filing.
Context
RSU grants are a form of compensation intended to align executive incentives with shareholders; they are not an open-market purchase or sale and do not immediately change the insider’s tradable stock position until vesting/delivery occurs. Because vesting is time-based and contingent on continued service, these awards typically reflect compensation policy rather than a direct bullish or bearish trading signal.