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Lightwave Logic, Inc. — Director's Dealing 2026
Jan 28, 2026
32863_dirs_2026-01-28_e19f61b7-c8dc-4017-9af6-754207480819.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: 2026-01-27
Reporting Person: El-Ahmadi Siraj Nour (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-01-27 | Common Stock | M | 50000 | $0.68 | Acquired | 149535 | Direct |
| 2026-01-27 | Common Stock | S | 25591 | $3.48 | Disposed | 123944 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-01-27 | Employee Stock Option (Right to Buy) | $0.68 | M | 50000 | Disposed | 2026-01-28 | Common Stock (50000) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: 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.