Innovative Eyewear Inc·4

Jan 22, 11:29 AM ET

Gross Harrison R. 4

Research Summary

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Updated

Innovative Eyewear (LUCY) CEO Harrison R. Gross Buys 1,500 Shares

What Happened

Harrison R. Gross, CEO of Innovative Eyewear Inc. (ticker: LUCY), reported a purchase of 1,500 shares on January 21, 2026. The acquisition was at $1.32 per share for a total cost of $1,980. The filing shows a purchase (transaction code P), indicating a direct buy rather than a sale or option exercise.

Key Details

  • Transaction date: 2026-01-21; Form 4 filed 2026-01-22.
  • Transaction type: Open market or private purchase (code P).
  • Shares purchased: 1,500 at $1.32 each; total $1,980.
  • Shares owned after transaction: Not specified in the Form 4.
  • Footnote: Gross acknowledged the transaction resulted in a short-swing profit under Section 16(b) and voluntarily disgorged $1,036.20 to the issuer; payment was made in full on 2026-01-21.
  • Timeliness: Filing covers the 2026-01-21 transaction and was filed the next day; no late-filing note in the report.

Context

  • Purchases by insiders can be more informative than routine sales, but this was a small dollar purchase ($1,980) and should be viewed in context with other filings and company developments.
  • The Section 16(b) disgorgement indicates there was a purchase/sale pairing within the six-month window that produced a short-swing profit; the insider has returned that profit to the company.
  • As always, insider purchases are one data point—combine with financials, news, and other insider activity when evaluating the stock.