Roberts David B 4
4 · LEMAITRE VASCULAR INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
LEMAITRE VASCULAR (LMAT) President David B. Roberts Receives Award
What Happened
- David B. Roberts, President and Director of LEMAITRE VASCULAR, was credited with a total of 21.371 dividend-equivalent rights (derivative awards) on 2026-06-04. The Form 4 shows nine separate accruals (see list below). Each item was reported as an award/acquisition (code A) at a $0.00 per-share price, so no cash was paid and the reported value is $0 on the Form 4. These are not open-market purchases or sales; they are dividend equivalents that vest with underlying restricted stock units (RSUs) or performance share units (PSUs).
Key Details
- Transaction date: 2026-06-04; Form filed: 2026-06-05 (appears timely).
- Items credited (share equivalents and footnote references):
- 1.824 (F1), 1.824 (F2), 3.117 (F3), 3.734 (F4), 2.708 (F5), 3.068 (F6), 0.262 (F7), 0.297 (F8), 4.537 (F9) — total 21.371.
- Price reported: $0.00 per unit; reported total value on form: $0 (these are dividend-equivalent rights, not cash purchases).
- Nature of instrument: derivative dividend-equivalent rights that are the economic equivalent of one share and vest proportionately with the underlying RSU/PSU awards.
- Shares owned after the transaction: not specified in the provided extract — see the full Form 4 for total holdings and ownership percentage.
- No 10b5-1, tax-withholding, or late-filing flags noted in the provided summary.
Context
- Dividend-equivalent rights are credits tied to existing RSU/PSU awards; they accrue like dividends and convert to shares (or cash) only as the underlying awards vest. They are compensation-related and do not indicate an open-market buy or sell by the insider.
- For retail investors: awards and dividend equivalents are routine executive compensation. They are informative about compensation accrual but do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
Roberts David B
DirectorPresident and Director
Transactions
- Award
Dividend Equivalent Rights
[F1]2026-06-04+1.824→ 23.342 total→ Common Stock (1.824 underlying) - Award
Dividend Equivalent Rights
[F2]2026-06-04+1.824→ 22.659 total→ Common Stock (1.824 underlying) - Award
Dividend Equivalent Rights
[F3]2026-06-04+3.117→ 26.708 total→ Common Stock (3.117 underlying) - Award
Dividend Equivalent Rights
[F4]2026-06-04+3.734→ 28.029 total→ Common Stock (3.734 underlying) - Award
Dividend Equivalent Rights
[F5]2026-06-04+2.708→ 14.384 total→ Common Stock (2.708 underlying) - Award
Dividend Equivalent Rights
[F6]2026-06-04+3.068→ 15.048 total→ Common Stock (3.068 underlying) - Award
Dividend Equivalent Rights
[F7]2026-06-04+0.262→ 1.681 total→ Common Stock (0.262 underlying) - Award
Dividend Equivalent Rights
[F8]2026-06-04+0.297→ 1.744 total→ Common Stock (0.297 underlying) - Award
Dividend Equivalent Rights
[F9]2026-06-04+4.537→ 8.375 total→ Common Stock (4.537 underlying)
Footnotes (9)
- [F1]These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F2]These dividend equivalent rights accrued on a performance share unit award granted on 12/12/2022 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F3]These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F4]These dividend equivalent rights accrued on a performance share unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F5]These dividend equivalent rights accrued on a restricted stock unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F6]These dividend equivalent rights accrued on a performance share unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F7]These dividend equivalent rights accrued on a restricted stock unit award granted on 2/18/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F8]These dividend equivalent rights accrued on a performance share unit award granted on 2/18/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
- [F9]These dividend equivalent rights accrued on a restricted stock unit award granted on 12/10/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
Signature
/s/ Laurie A. Churchill, Attorney-in-fact|2026-06-05