Siraj Nour El-Ahmadi - 31 Dec 2025 Form 4 Insider Report for Lightwave Logic, Inc. (LWLG)

Role
Director
Signature
/s/ Siraj Nour El-Ahmadi
Issuer symbol
LWLG
Transactions as of
31 Dec 2025
Net transactions value
-$155,218
Form type
4
Filing time
07 Jan 2026, 16:01:02 UTC
Previous filing
02 Oct 2025
Next filing
28 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
El-Ahmadi Siraj Nour Director 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD /s/ Siraj Nour El-Ahmadi 07 Jan 2026 0001589104

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LWLG Common Stock Options Exercise +20,161 +16% 148,795 31 Dec 2025 Direct F1, F2
transaction LWLG Common Stock Sale $155,218 -49,260 -33% $3.15 99,535 31 Dec 2025 Direct F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LWLG Restricted Stock Unit Options Exercise $0 -20,161 -50% $0.000000 20,161 31 Dec 2025 Common Stock 20,161 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F3 The sale reported in this Form 4 was to cover tax obligations associated with the vesting of equity awards during 2025.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.11 to $3.205, inclusive. The reporting person undertakes to provide to Lightwave Logic, Inc., any security holder of Lightwave Logic, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
F5 Represents a grant of RSUs under the Issuer's 2025 Equity Incentive Plan. 20,162 RSU's vested on July 15, 2025, 20,161 shares vested on each of September 30, 2025, December 31, 2025, and 20,161 shares will vest on March 31, 2026, subject to continued service with the Company through the applicable vesting dates. Unvested shares are subject to forfeiture.