Form 4: Innovative Eyewear Director Sells Shares Under 10b5-1 Plan

Innovative Eyewear Inc. Director and 10% owner Vladimir Galkin reported the disposition of 129,797 shares of common stock through a pre-arranged trading plan.

Summary

• Vladimir Galkin, a Director and 10% owner of Innovative Eyewear Inc. (LUCY), reported multiple dispositions of common stock.
• A total of 129,797 shares were sold between December 19, 2025, and December 26, 2025.
• The sales were executed at prices ranging from $1.22 to $1.37 per share, including commissions.
• These transactions were conducted under a Rule 10b5-1(c) pre-arranged trading plan.
• Following these transactions, Galkin's beneficial ownership, held jointly with Angelica Galkin, decreased from 925,804 shares to 796,007 shares.

Sentiment

Score: 3

Explanation: The disposition of a significant number of shares by a director and 10% owner, even under a 10b5-1 plan, generally indicates a neutral to slightly negative sentiment regarding the stock's immediate future prospects or the insider's personal liquidity needs outweighing holding the stock.

Positives

• The transactions were conducted under a Rule 10b5-1(c) pre-arranged trading plan, indicating the sales were scheduled in advance and not necessarily a reaction to recent negative developments.

Negatives

• A Director and 10% owner disposed of a significant number of shares (129,797 shares), reducing their overall stake in the company.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

This filing reports an insider transaction and does not provide broader industry context.

Related Party Transactions

• The shares of common stock are held jointly by Vladimir Galkin and Angelica Galkin, husband and wife.

Stakeholder Impact

• Shareholders may interpret the insider selling as a negative signal, potentially leading to downward pressure on the stock price.

Key Dates

Recommendation

While a Director and 10% owner has disposed of a notable number of shares, these transactions were executed under a pre-arranged 10b5-1 trading plan, suggesting the selling is not a reaction to new, adverse company-specific information. However, significant insider selling can still create negative sentiment. Investors should monitor future insider activity and company performance, but this filing alone does not warrant a 'sell' recommendation without further context on the company's fundamentals or other market factors.

Keywords

Innovative Eyewear, LUCY, Vladimir Galkin, Insider Selling, Form 4, Stock Disposition, 10b5-1 Plan, Director, 10% Owner