LWLG · Lightwave Logic, Inc.
One customer — 10% of revenue (three months ended March 31, 2026)
“for three months ended March 31, 2026 and 2025, one customer accounted for 10% or more of total revenue. The related revenue was attributable to the Company’s single reportable segment.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-24 | Graffam Fred |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 99,178 of the RSUs will vest on July 24, 2027; the remaining will vest in twelve quarterly installments of 24,793 RSUs each, beginning on October 24, 2027. |
Common Stock
|
396,694 |
| 2026-06-01 | CONNELLY THOMAS M JR |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026. |
Common Stock
|
13,612 |
| 2026-06-01 | El-Ahmadi Siraj Nour |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026. |
Common Stock
|
13,612 |
| 2026-06-01 | Ciesla Craig |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026. |
Common Stock
|
13,612 |
| 2026-06-01 | Partridge Laila |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026. |
Common Stock
|
13,612 |
| 2026-06-01 | Quan Snizhana P. |
Principal Financial Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the tax withholding obligations associated with an RSA vesting on May 31, 2026. |
Common Stock
|
345 |
| 2026-06-01 | Bucchi Ronald A |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. The RSUs will vest in four quarterly installments beginning on August 31, 2026. |
Common Stock
|
13,612 |
| 2026-06-01 | Quan Snizhana P. |
Principal Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 836 of the RSUs will vest on June 1, 2027, the remaining will vest in eight quarterly installments of 208 RSUs each, beginning on September 1, 2027. |
Common Stock
|
2,500 |
| 2026-04-28 | Bucchi Ronald A |
Director |
Gift↓
|
Common Stock
|
100,000 |
| 2026-04-10 | Quan Snizhana P. |
Principal Financial Officer |
Convert↑
|
Common Stock
|
20,000 |
| 2026-04-10 | Quan Snizhana P. |
Principal Financial Officer |
Convert↓
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
8,337 options vested on January 9, 2024, the remaining options began vesting in eleven equal quarterly installments of 8,333 shares on April 9, 2024. 16,666 of the options remain unvested. Any unvested portion of this award is subject to forfeiture. |
Employee Stock Option (Right to Buy)
|
20,000 |
| 2026-04-10 | Quan Snizhana P. |
Principal Financial Officer |
Sell↓
Filing footnotes — Common Stock (Direct)
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.35 to $10.385, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.. |
Common Stock
|
20,000 |
| 2026-04-07 | El-Ahmadi Siraj Nour |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover tax obligations associated with the vesting of equity awards. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.615 to $7.92, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. |
Common Stock
|
54,536 |
| 2026-04-06 | CONNELLY THOMAS M JR |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the tax withholding obligations associated with RSU vestings on March 31, 2026. |
Common Stock
|
9,000 |
| 2026-04-01 | Bucchi Ronald A |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the tax withholding obligations associated with a RSU vesting on March 31, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.91 to $6.92, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. A Form 4 filed on December 8, 2023 inadvertently did not reflect 22,375 shares of common stock held by the Reporting Person from a transaction reported on a Form 4 filed on June 7, 2023, in the total owned reported in the December 2023 Form 4. Those shares are now reflected in this balance. |
Common Stock
|
11,000 |
| 2026-04-01 | Ciesla Craig |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the tax withholding obligations associated with RSU vestings on March 31, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.81 to $6.831, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. |
Common Stock
|
11,000 |
| 2026-04-01 | Partridge Laila |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the tax withholding obligations associated with RSU vestings on March 31, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.83 to $6.88, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. |
Common Stock
|
11,000 |
| 2026-03-31 | Bucchi Ronald A |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. A Form 4 filed on December 8, 2023 inadvertently did not reflect 22,375 shares of common stock held by the Reporting Person from a transaction reported on a Form 4 filed on June 7, 2023, in the total owned reported in the December 2023 Form 4. Those shares are now reflected in this balance. |
Common Stock
|
20,161 |
| 2026-03-31 | El-Ahmadi Siraj Nour |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
Common Stock
|
20,161 |
| 2026-03-31 | Ciesla Craig |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. |
Common Stock
|
20,161 |
| 2026-03-31 | Partridge Laila |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock |
Common Stock
|
20,161 |
| 2026-03-31 | CONNELLY THOMAS M JR |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stoc. |
Common Stock
|
20,161 |
| 2026-03-31 | CONNELLY THOMAS M JR |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stoc. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026. |
Restricted Stock Unit
|
20,161 |
| 2026-03-31 | Ciesla Craig |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026. |
Restricted Stock Unit
|
20,161 |
| 2026-03-31 | Bucchi Ronald A |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026. |
Restricted Stock Units
|
20,161 |
| 2026-03-31 | El-Ahmadi Siraj Nour |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026. |
Restricted Stock Units
|
20,161 |
| 2026-03-31 | Partridge Laila |
Director |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and March 31, 2026. |
Restricted Stock Units
|
20,161 |
| 2026-03-30 | Quan Snizhana P. |
Principal Financial Officer |
Convert↓
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
8,337 options vested on January 9, 2024, the remaining options began vesting in eleven equal quarterly installments of 8,333 shares on April 9, 2024. 24,999 of the options remain unvested. Any unvested portion of this award is subject to forfeiture. |
Employee Stock Option (Right to Buy)
|
25,000 |
| 2026-03-30 | Quan Snizhana P. |
Principal Financial Officer |
Convert↑
|
Common Stock
|
25,000 |
| 2026-03-30 | Quan Snizhana P. |
Principal Financial Officer |
Sell↓
|
Common Stock
|
25,000 |
| 2026-03-12 | Le Maitre Yves |
Director, CEO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares withheld by the Issuer in connection with a net settlement of the March 12, 2026 vesting of restricted stock units. Shares were withheld for the payment of withholding taxes. |
Common Stock
|
294,968 |
| 2026-02-02 | Bucchi Ronald A |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026. |
Common Stock
|
7,599 |
| 2026-02-02 | El-Ahmadi Siraj Nour |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026. |
Common Stock
|
7,599 |
| 2026-02-02 | CONNELLY THOMAS M JR |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026. |
Common Stock
|
7,599 |
| 2026-02-02 | Partridge Laila |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026. |
Common Stock
|
7,599 |
| 2026-02-02 | Ciesla Craig |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock underlying restricted stock unit awards ("RSUs") from the Issuer. The RSUs will vest ratably on February 2, 2026 and March 31, 2026. |
Common Stock
|
7,599 |
| 2026-01-27 | El-Ahmadi Siraj Nour |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover the exercise price and tax withholding obligations associated with the option exercise also reported herein. |
Common Stock
|
25,591 |
| 2026-01-27 | El-Ahmadi Siraj Nour |
Director |
Convert↓
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
On February 1, 2016, the reporting person received an option to purchase up to 50,000 shares of company stock that vested pursuant to the following schedule: 20,000 options vested immediately, and the remaining options vested in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2016. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-01-27 | El-Ahmadi Siraj Nour |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Includes 17,241 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture. |
Common Stock
|
50,000 |
| 2026-01-23 | Bucchi Ronald A |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Includes 23,511 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 3,931 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion is subject to forfeiture.. |
Common Stock
|
50,000 |
| 2026-01-23 | Bucchi Ronald A |
Director |
Convert↓
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
On February 1, 2016, the reporting person received an option to purchase up to 50,000 shares of company stock that vested pursuant to the following schedule: 20,000 options vested immediately, and the remaining options vested in three equal quarterly installments of 10,000 options per quarter commencing on April 1, 2016. |
Employee Stock Option (Right to Buy)
|
50,000 |
| 2026-01-02 | CONNELLY THOMAS M JR |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover tax obligations associated with the vesting of RSUs also reported herein. Includes 11,488 shares of common stock issued pursuant to a restricted stock award granted pursuant to the Issuer's 2016 Equity Incentive Plan, which vests as follows: The shares vest in 8 equal quarterly installments of 1,436 shares beginning October 1, 2024, subject to continued service with the Company through the applicable vesting dates. This award is subject to forfeiture. |
Common Stock
|
7,600 |
| 2025-12-31 | El-Ahmadi Siraj Nour |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
The sale reported in this Form 4 was to cover tax obligations associated with the vesting of equity awards during 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.11 to $3.205, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. Includes 17,241 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture. |
Common Stock
|
49,260 |
| 2025-12-31 | Ciesla Craig |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Includes 17,241 shares of common stock issued pursuant to a restricted stock award granted pursuant to the Issuer's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Issuer through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture. |
Common Stock
|
20,161 |
| 2025-12-31 | Ciesla Craig |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and 20,161 shares will vest on March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture. |
Restricted Stock Unit
|
20,161 |
| 2025-12-31 | El-Ahmadi Siraj Nour |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and 20,161 shares will vest on March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture. |
Restricted Stock Unit
|
20,161 |
| 2025-12-31 | Zelibor Thomas Edward |
President |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares withheld by the Issuer in connection with a net settlement of the PSUs vesting. Shares were withheld for the payment of withholding taxes. |
Common Stock
|
70,732 |
| 2025-12-31 | Bucchi Ronald A |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Includes 23,511 shares of common stock issued pursuant to a restricted stock award pursuant to the Company's 2016 Equity Incentive Plan, 3,931 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture, |
Common Stock
|
20,161 |
| 2025-12-31 | Marcelli James S. |
Director, CFO, COO |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents shares withheld by the Issuer in connection with a net settlement of the PSUs vesting. Shares were withheld for the payment of withholding taxes. |
Common Stock
|
77,758 |
| 2025-12-31 | Partridge Laila |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Includes 17,241 shares of common stock issued pursuant to a restricted stock award granted pursuant to the Issuer's 2016 Equity Incentive Plan, 2,881 shares of restricted stock vested on June 18, 2024, with the remaining restricted stock awards vesting in 10 equal quarterly installments beginning on July 1, 2024, subject to continued service with the Issuer through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture. |
Common Stock
|
20,161 |