4Filed Aug 23, 8:00 PM ET

Innovative Eyewear (LUCY) CEO Harrison Gross Sells Shares, Receives Awards

$LUCY · Innovative Eyewear Inc

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Innovative Eyewear (LUCY) CEO Harrison Gross Sells Shares, Receives Awards

What Happened

  • Harrison R. Gross, CEO of Innovative Eyewear Inc. (LUCY), reported two awards and multiple open-market sales. He was granted two awards of 24,600 shares each (4/02/2026 and 8/19/2026) at a reported acquisition price of $0 (reported as type "A"). He sold a total of 27,738 shares in open-market transactions: 13,764 shares on 4/02/2026 (avg. ~$1.07) for $14,670, and two sales on 8/19/2026 of 8,252 shares (avg. ~$0.6916) for $5,707 and 5,722 shares (avg. ~$0.705) for $4,034 — total proceeds across the sales ≈ $24,411.
  • The awards are reported as acquisitions at $0 (typical for stock awards/RSUs or similar), while the disposals were open-market sales (reported as "S"). Sales are routine dispositions and do not, by themselves, indicate management intent or company outlook.

Key Details

  • Transaction dates: 2026-04-02 (award + sale) and 2026-08-19 (award + two sales). Form filed 2026-08-24.
  • Prices and proceeds: 4/02 sale avg price reported as $1.0658 (F1) — proceeds $14,670; 8/19 sales avg prices reported as $0.6916 (F2) and $0.705 (F3) — proceeds $5,707 and $4,034 respectively. Reporting person offers to provide breakdown of per-price share counts on request (per footnotes).
  • Shares reported acquired: 24,600 on 4/02 and 24,600 on 8/19 (total 49,200) at $0. Shares sold: 27,738 total for ≈ $24,411.
  • Shares owned after the transactions: not specified in the provided Form 4 data.
  • Timeliness: The filing date (2026-08-24) is well after the 4/02 transactions and five days after the 8/19 transactions, indicating the Form 4 was filed later than the usual 2-business-day reporting window.

Context

  • "A" entries are awards/grants reported at $0 acquisition price — often represent stock awards or RSU vesting, but the filing does not specify the exact instrument or vesting details. The sales are open-market dispositions, not purchases; purchases typically carry more direct bullish signal.
  • Footnotes F1–F3 state average prices were reported and that the reporting person will provide a per-price breakdown if requested by the company, shareholders, or the SEC.