Form 4: LeMaitre Vascular CFO LeBlanc Reports Acquisition of 1,221 Shares
SEC Form 4 Filing
Chief Financial Officer Dorian Paul LeBlanc reports acquiring 1,221 shares of LeMaitre Vascular Inc. common stock on March 10, 2025, through a restricted stock unit award.
Summary
- Dorian Paul LeBlanc, CFO of LeMaitre Vascular Inc. (LMAT), filed a Form 4 on March 21, 2025, reporting a change in beneficial ownership.
- On March 10, 2025, LeBlanc acquired 1,221 shares of common stock through a restricted stock unit (RSU) award.
- The RSU award vests over four years, with 25% vesting on the first anniversary of the grant date and the remaining balance vesting in equal annual installments over the subsequent three years.
- The issuer has a provision to withhold shares to cover withholding taxes due on each vesting date.
- Following the transaction, LeBlanc directly owns 1,221 shares of LeMaitre Vascular Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of shares by the CFO could be interpreted as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's acquisition of shares through a pre-determined compensation plan.
Stakeholder Impact
- The acquisition of shares by the CFO could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Acquisition of 1,221 shares of common stock through RSU award. |
| 03/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, LeMaitre Vascular, LMAT, Dorian Paul LeBlanc, CFO, Restricted Stock Unit, RSU, Vesting
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