SILVERMAN LOU 4
4 · STAAR SURGICAL CO · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
STAAR Surgical (STAA) Director Lou Silverman Converts RSUs, Receives New Award
What Happened
- Lou Silverman, a non-employee director of STAAR Surgical Co. (STAA), had 10,683 derivative units converted/exercised on June 18, 2026 (reported as code M) and simultaneously reported a disposition of 10,683 derivative units (both at $0.00). On the same date he was also granted 6,182 restricted stock units (code A) at $0.00. The filings show no cash purchase or sale value — these are equity vesting/conversion and a new RSU grant.
Key Details
- Transaction date: June 18, 2026; Form 4 filed June 22, 2026 (filed within the required reporting window).
- Converted/exercised (code M): 10,683 shares @ $0.00 (acquired) and 10,683 derivative units disposed @ $0.00.
- Grant/award (code A): 6,182 restricted stock units @ $0.00 (new award).
- Footnote F1: The 10,683 conversion reflects RSUs originally granted June 18, 2025 that vested June 18, 2026.
- Footnote F2: The 6,182 RSUs were granted June 18, 2026 under the annual non-employee director program; they vest in full on the earlier of June 18, 2027 or the 2027 Annual Meeting.
- Shares owned after transaction: Not specified in the filing.
Context
- These transactions reflect routine director equity compensation: vested RSUs converting to shares (reported under conversion/exercise) and a new annual RSU grant. There is no reported cash sale or purchase here; the $0.00 prices reflect equity issuance/vesting mechanics rather than open-market trades. This is informational for investors tracking insider equity awards rather than a market buy/sell signal.
Insider Transaction Report
Form 4
SILVERMAN LOU
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-18+10,683→ 11,158 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-06-18−10,683→ 0 totalExercise: $0.00→ Common Stock (10,683 underlying) - Award
Restricted Stock Units
[F2]2026-06-18+6,182→ 6,182 totalExercise: $0.00→ Common Stock (6,182 underlying)
Footnotes (2)
- [F1]Reflects restricted stock units granted to the Reporting Person on June 18, 2025, pursuant to the Issuer's annual non-employee director equity compensation program for the 2025-2026 term, which vested on June 18, 2026.
- [F2]Reflects restricted stock units granted to the Reporting Person on June 18, 2026, pursuant to the Issuer's annual non-employee director equity compensation program for the 2026-2027 term. These equity awards vest in full on the earlier of June 18, 2027 or the Issuer's 2027 Annual Meeting of Shareholders.
Signature
/s/ Kathleen Determann as attorney-in-fact for Louis E. Siverman|2026-06-22