Director Edward H. Kennedy filed a Form 4 with the SEC on October 28, 2026, reporting the acquisition of 64,724 shares of Lightwave Logic, Inc. common stock through two RSU grants dated October 26, 2026.

Key Highlights

  • Reporting person: Edward H. Kennedy, director of Lightwave Logic, Inc. (NASDAQ:LWLG)
  • Transaction date: October 26, 2026, with the filing signed October 28, 2026
  • Shares acquired: 64,724 restricted stock units (RSUs) acquired at $0.00 per share
  • First RSU grant: 56,926 RSUs, with 4,742 vesting on December 23, 2026 and the remainder vesting in eleven quarterly installments of 4,744 RSUs each beginning March 23, 2027
  • Second RSU grant: 7,798 RSUs, with 2,144 vesting on November 30, 2026 and 2,827 vesting on each of February 28, 2027 and May 31, 2027
  • Beneficial ownership following transaction: 74,724 shares of common stock held directly

Kennedy's Dual RSU Grants and Vesting Schedule at Lightwave Logic

According to the filing, director Edward H. Kennedy acquired a total of 64,724 shares of Lightwave Logic, Inc. common stock on October 26, 2026, classified as transaction code "A" (acquisition) in Table I of the Form 4. The acquisition price is listed as $0.00, consistent with a restricted stock unit award. Following the transaction, Kennedy's directly held beneficial ownership stands at 74,724 shares, as reported in the filing.

The filing's footnote explains that the 64,724 total represents two separate RSU grants. The first grant covers 56,926 RSUs: 4,742 units will vest on December 23, 2026, with the remaining RSUs scheduled to vest in eleven quarterly installments of 4,744 RSUs each, beginning March 23, 2027. The second grant covers 7,798 RSUs: 2,144 RSUs will vest on November 30, 2026, followed by 2,827 RSUs vesting on February 28, 2027 and another 2,827 RSUs on May 31, 2027, according to the filing.

The Form 4 indicates Kennedy filed as a single reporting person and holds the shares directly. No derivative securities transactions were reported in Table II of this filing. The form was signed by Edward H. Kennedy and filed on October 28, 2026.

What Was Disclosed

Director Edward H. Kennedy disclosed the acquisition of 64,724 RSUs in Lightwave Logic, Inc. common stock through two grants on October 26, 2026, at no cost, bringing his total directly held beneficial ownership to 74,724 shares, with vesting occurring in scheduled installments through May 2027.