Pellegrino Joseph P JR 4
4 · LEMAITRE VASCULAR INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
LEMAITRE VASCULAR (LMAT) Director Joseph Pellegrino Receives 19.144 Dividend Rights
What Happened
Joseph P. Pellegrino Jr., a director of LEMaitre Vascular, received a total of 19.144 dividend-equivalent rights (derivative awards) on June 4, 2026. These were reported as seven separate grant/acquisition entries (transaction code A) at $0.00 per share — these are dividend equivalents, not cash purchases or open‑market trades, and have no immediate cash value.
Key Details
- Transaction date: 2026-06-04; SEC filing date: 2026-06-05 (filed next day).
- Total granted/accrued: 19.144 dividend-equivalent rights (seven items: 1.824, 1.824, 3.117, 3.734, 3.384, 3.834, 1.427). Price reported $0.00.
- Type: Derivative awards (transaction code A — award/grant). Each dividend-equivalent right is the economic equivalent of one share and vests proportionately with the underlying award.
- Footnotes: Rights accrued on RSU and PSU awards granted on 12/12/2022 (F1,F2), 12/8/2023 (F3,F4), 12/6/2024 (F5,F6), and 12/10/2025 (F7).
- Shares owned after transaction: not specified in the provided filing.
- Timeliness: Filing appears timely (filed the day after the transaction).
Context
Dividend-equivalent rights are compensation-related crediting of dividends on outstanding RSUs/PSUs; they typically convert to shares (or cash) when the underlying awards vest. This is not a market purchase or sale and does not necessarily indicate an insider view on the company’s stock price—it's part of routine equity compensation.
Insider Transaction Report
- 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+3.384→ 18.73 total→ Common Stock (3.384 underlying) - Award
Dividend Equivalent Rights
[F6]2026-06-04+3.834→ 18.561 total→ Common Stock (3.834 underlying) - Award
Dividend Equivalent Rights
[F7]2026-06-04+1.427→ 2.635 total→ Common Stock (1.427 underlying)
Footnotes (7)
- [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 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.