Bucchi Ronald A 4

What Happened
Ronald A. Bucchi, a director of Lightwave Logic, had RSUs vest on March 31, 2026 and converted those awards into common stock. To cover tax withholding tied to that vesting, he sold 11,000 shares in an open-market transaction on April 1, 2026 for a total of $76,120 (weighted average price $6.92). The filing also records the conversion/exercise of 20,161 RSUs that vested on March 31, 2026.

Key Details

• Transaction types: RSU conversion/derivative exercise (M) and an open-market sale (S) to cover taxes.
• Vesting/conversion date: 2026-03-31 — 20,161 RSUs converted to shares (per footnote F5).
• Sale date & price: 2026-04-01 — 11,000 shares sold at a weighted average $6.92, proceeds $76,120 (F4).
• Tax withholding: The sale was executed to cover tax withholding obligations from the RSU vesting (F3). The filing also shows 20,161 shares reported as disposed at $0, consistent with share withholding for taxes.
• Prior reporting correction: Footnote F2 notes a prior Form 4 (Dec 8, 2023) omitted 22,375 shares; those shares are now reflected in the holder’s reported balance.
• Filing timeliness: Report period 2026-03-31, filed 2026-04-02 — filing appears timely.

Context
The derivative transactions were RSU vestings (restricted stock units converting to shares). The sale was a routine tax-withholding sale rather than a discretionary open-market sell for investment reasons; such withholding sales are common and do not necessarily indicate a change in insider sentiment. If you track insider buying/selling, purchases are generally more informative for bullish signals; this filing documents a routine vest-and-withhold event.