Innovative Eyewear (LUCY) CTO David Cohen Sells Shares, Receives Awards
$LUCY · Innovative Eyewear IncResearch Summary
AI-generated summary of this SEC filing
Innovative Eyewear (LUCY) CTO David Cohen Sells Shares, Receives Awards
What Happened
David Eric Cohen, Chief Technology Officer of Innovative Eyewear Inc. (LUCY), reported multiple transactions between 2026-04-02 and 2026-08-19. He sold a total of 15,769 shares in four open-market transactions for aggregate proceeds of roughly $14,588. On 2026-04-02 and again on 2026-08-19 he was also granted awards totaling 36,400 shares (18,200 shares each) reported at $0.00 (awards/grants).
Key Details
- Sales (open market/private):
- 2026-04-02: 5,913 shares at $1.04 — $6,171
- 2026-04-09: 1,860 shares at $1.11 — $2,067
- 2026-07-06: 1,860 shares at $1.17 — $2,176
- 2026-08-19: 6,136 shares at an average price reported as $0.6802 — $4,174 (footnote indicates per-price breakdown available on request)
- Awards/Grants (A):
- 2026-04-02: 18,200 shares @ $0.00
- 2026-08-19: 18,200 shares @ $0.00
- Total sold: 15,769 shares for about $14,588. Total awarded: 36,400 shares (no cash cost shown).
- Shares owned after these transactions: not specified in the provided filing excerpt.
- Footnote: Column 4 price for the 8/19 sale is shown as an average ($0.6802); the filer offered to provide a per-price breakdown on request.
Context
Awards reported at $0.00 typically reflect stock grants or restricted stock units and are not the same as market purchases; they are compensation events rather than open-market “buys.” Sales by executives are common and may be routine (liquidity, tax, diversification); the filing aggregates trades from Apr–Aug and was submitted on 2026-08-24, meaning several trades were reported after the typical two-business-day Form 4 reporting window. This summary is factual and does not infer motive.