Innovative Eyewear (LUCY) COO Joaquin Abondano Sells Shares, Receives Awards

What Happened

• Joaquin Abondano, Chief Operating Officer of Innovative Eyewear (LUCY), reported both awards and sales. He received two grants (awards) of 14,800 shares each (total 29,600 shares) at $0.00 on 2026-04-02 and 2026-08-19. In the same period he sold 4,779 shares on 2026-04-02 for $1.05 each (proceeds $5,018) and 5,020 shares on 2026-08-19 at $0.68 each (proceeds $3,396), for total proceeds of $8,414. Net of these reported transactions, the filings show +19,801 shares acquired (29,600 awards vs 9,799 shares sold).

Key Details

• Transaction dates and values:
  • 2026-04-02: Award of 14,800 shares @ $0.00 (acquired); Sale of 4,779 shares @ $1.05 (disposed) — $5,018 proceeds.
  • 2026-08-19: Award of 14,800 shares @ $0.00 (acquired); Sale of 5,020 shares @ $0.68 (disposed) — $3,396 proceeds.
• Aggregate sale proceeds reported: $8,414; aggregate awarded shares: 29,600.
• Shares owned after the transactions: not specified in the provided filing details.
• Footnote F1: filing lists an average price of $0.6765 for Column 4; the reporting person can provide a breakdown of shares sold at each separate price upon request.
• No 10b5-1 plan, tax withholding, or other special codes noted in the provided data.
• Filing date (2026-08-24) covers transactions from 2026-04-02 and 2026-08-19; this filing appears late relative to the typical Form 4 2-business-day reporting requirement.

Context

• Awards at $0.00 are company grants/awards (acquisitions), not open-market purchases — they increase reported holdings but are not a market purchase signal.
• The sales were listed as "open market or private sale" dispositions; proceeds are modest (~$8.4k) relative to many executive trades.
• The footnote about average price indicates some of the sales may span multiple trade prices; the filer offers to provide the per-price breakdown if requested.