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Lightwave Logic, Inc. Director's Dealing 2025

Oct 2, 2025

32863_dirs_2025-10-02_6299c678-39b5-4a13-9830-fe4e9b538fe7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lightwave Logic, Inc. (LWLG)
CIK: 0001325964
Period of Report: 2025-09-30

Reporting Person: CONNELLY THOMAS M JR (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-09-30 Common Stock M 20161 Acquired 51811 Direct
2025-10-02 Common Stock S 6000 $4.255 Disposed 45811 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-09-30 Restricted Stock Unit $ M 20161 Disposed Common Stock (20161) Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.

F2: 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.

F3: The sale reported in this Form 4 was to cover tax obligations associated with the vesting of RSUs also reported herein.

F4: Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vest on July 15, 2025, with remaining vesting as follows: 20,161 shares vest on each of September 30, 2025, December 31, 2025, and March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture.