Vanguard Capital Management filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 7,727,075 shares of Lightwave Logic Inc common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Capital Management reported beneficial ownership of 7,727,075 shares of Lightwave Logic Inc common stock.
  • Percent of class: The filing states the shares represent 5.01% of the class.
  • Sole voting power: Vanguard Capital Management reported sole voting power over 1,151,562 shares.
  • Sole dispositive power: The filing lists sole dispositive power over all 7,727,075 shares, with no shared dispositive power reported.
  • Triggering event date: The date of event requiring the filing is listed as September 30, 2026.
  • Reporting person type: Vanguard Capital Management is identified as an investment adviser (type "IA"), organized in Pennsylvania.

Vanguard Capital Management Crosses Reporting Threshold in Lightwave Logic

According to the Schedule 13G filed October 30, 2026, Vanguard Capital Management, headquartered at 100 Vanguard Blvd, Malvern, PA 19355, disclosed a 5.01% beneficial ownership position in Lightwave Logic Inc (NASDAQ:LWLG), whose common stock carries CUSIP number 532275104. The issuer's principal executive offices are listed in the filing as 41 Germay Drive, Suite A, Wilmington, DE 19804.

The filing reports that Vanguard Capital Management holds sole voting power over 1,151,562 shares and sole dispositive power over the full 7,727,075 shares. Shared voting power and shared dispositive power are each reported as zero. The filing notes that the Schedule 13G "reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd."

Under Item 6, the filing states that "Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and that "No one other person's interest in the securities reported herein is more than 5%." The filing was signed by My Trieu-Gatt, identified as Authorized Signatory, Head of Global Fund Administration, and certifies the securities "were acquired and are held in the ordinary course of business."

What Was Disclosed

Vanguard Capital Management filed a Schedule 13G disclosing beneficial ownership of 7,727,075 shares of Lightwave Logic Inc common stock, representing 5.01% of the class, with a triggering event date of September 30, 2026, and a filing date of October 30, 2026.