LMAT Director Joseph Pellegrino Receives Dividend-Equivalent Awards

What Happened Joseph P. Pellegrino Jr., a director of Lemaitre Vascular, was credited a total of 22.313 dividend-equivalent rights on 2026-09-03. Each item reported is a derivative award (acquired at $0.00) representing the economic equivalent of one share and accrues on earlier restricted stock unit (RSU) or performance share unit (PSU) awards; the filing lists the individual amounts as 2.126, 2.126, 3.632, 4.352, 3.944, 4.469 and 1.664 shares. These are not open‑market purchases or sales but dividend-equivalent credits that vest proportionately with the underlying RSU/PSU grants.

Key Details

• Transaction date: 2026-09-03; Filing date (Form 4): 2026-09-08.
• Instrument/price: Derivative dividend-equivalent rights acquired at $0.00.
• Total credited: 22.313 dividend-equivalent rights (each equals the economic value of one common share when vested).
• Grant origins (per footnotes): accrued on RSU/PSU awards granted 12/12/2022 (two items), 12/8/2023 (two items), 12/6/2024 (two items) and 12/10/2025 (one item); each vests proportionately with its underlying award.
• Shares owned after transaction: not disclosed in the provided filing.
• Timeliness: Filed five calendar days after the transaction (typically later than the standard two business‑day Form 4 reporting window).

Context These entries are dividend-equivalent credits tied to prior equity awards and do not represent a purchase or sale of shares. Such credits are administrative and reflect entitlement to additional economic value or future shares upon vesting of the underlying RSUs/PSUs; they should not be interpreted as a direct bullish or bearish trade by the insider.