Le Maitre Yves 4

What Happened
Yves Le Maitre, CEO and Director of Lightwave Logic (LWLG), had 294,968 shares withheld on March 12, 2026 to satisfy withholding taxes related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $7.08 each, totaling roughly $2,088,373. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-03-12; withholding price reported: $7.08 per share.
• Shares withheld/disposed: 294,968; reported total value: $2,088,373.
• Transaction code: F — shares withheld by issuer as part of a net settlement to cover taxes (Footnote F1).
• Filing date: 2026-03-13 (filed the next day), which appears timely under Section 16 reporting rules.
• Post-transaction holdings: not specified in the provided filing details.

Context
This was a routine net settlement of RSUs where the company withholds a portion of vested shares to pay required withholding taxes. Such withholdings reduce the insider's share count but are administrative and do not indicate an open-market sale or a change in investment stance.