Le Maitre Yves forfeited 310,750 Lightwave Logic shares at $5.23 per share, leaving him with 1,900,203 shares after the transaction. For investors tracking insider ownership, the forfeiture equaled about 14.1% of his prior holding and was classified under transaction code F for tax-related withholding.
Key Highlights
- The forfeited shares were recorded at $5.23 per share.
- Yves held 1,900,203 Lightwave Logic shares after the transaction.
- The transaction represented about 14.1% of his prior holding and carried code F for tax-related withholding.
Le Maitre Yves forfeited 310,750 shares of Lightwave Logic, Inc. (NASDAQ: LWLG) where he serves as chief executive officer. The transaction was dated September 12, 2026.
$5.23 Per-Share Forfeiture
Each forfeited share was assigned a value of $5.23 in the transaction. Yves’s reported Lightwave Logic position after the event stood at 1,900,203 shares. The transaction carried code F, a classification used for tax-related withholding. The code identifies the transaction type, while the ownership figure records the balance after the forfeiture. The disclosed transaction represented about 14.1% of Yves’s prior Lightwave Logic shareholding. The filing reports the 310,750 forfeited shares at $5.23 per share.
FAQs
Q: What happened to Le Maitre Yves’s Lightwave Logic shares?
A: Le Maitre Yves forfeited 310,750 Lightwave Logic shares at $5.23 per share. His reported ownership after the transaction was 1,900,203 shares.
Q: How large was the insider transaction?
A: The forfeiture represented about 14.1% of Yves’s prior Lightwave Logic shareholding. The transaction was classified with code F for tax-related withholding.
Q: What does transaction code F mean for investors?
A: Code F identifies tax-related withholding in the transaction record. Following the reported transaction, the disclosed balance was 1,900,203 Lightwave Logic shares.
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