Form 4: Lemaitre Vascular Director Acquires Shares via Vesting
Insider Transaction Report
Joseph P. Pellegrino JR, a Director at Lemaitre Vascular Inc., increased his direct beneficial ownership by 61 shares through the vesting of restricted and performance stock units.
Summary
- Joseph P. Pellegrino JR, a Director of Lemaitre Vascular Inc. (LMAT), acquired a total of 61 shares of common stock.
- These acquisitions occurred on December 11, 2025, and December 12, 2025.
- The shares were acquired upon the release of dividend equivalent rights associated with the vesting of previously granted restricted stock unit (RSU) and performance stock unit (PSU) awards.
- The acquisition price for these shares was $0, as they represent the conversion of equity awards.
- Following these transactions, Mr. Pellegrino's direct beneficial ownership of Lemaitre Vascular common stock increased to 10,183 shares.
Sentiment
Score: 6
Explanation: The filing reports routine insider transactions related to equity compensation vesting, which is a neutral event but slightly positive due to increased insider ownership alignment.
Positives
- Director Joseph P. Pellegrino JR increased his direct beneficial ownership in Lemaitre Vascular Inc. by 61 shares, aligning his interests further with shareholders.
- The transactions represent the successful vesting of previously granted equity awards, indicating the fulfillment of performance or time-based conditions.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine insider transaction related to equity compensation and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders may view the increased direct beneficial ownership by a director as a positive sign of continued alignment of management interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 12/11/2021 | Grant date of a restricted stock unit award. |
| 12/12/2022 | Grant date of a restricted stock unit award. |
| 12/12/2022 | Grant date of a performance stock unit award. |
| 12/11/2025 | Acquisition of 25 shares of common stock upon release of dividend equivalent rights related to RSU vesting. |
| 12/12/2025 | Acquisition of 18 shares of common stock upon release of dividend equivalent rights related to RSU vesting. |
| 12/12/2025 | Acquisition of 18 shares of common stock upon release of dividend equivalent rights related to PSU vesting. |
| 12/15/2025 | Date the Form 4 was signed by Laurie A. Churchill, Attorney-in-fact. |
Keywords
Lemaitre Vascular, LMAT, Insider Transaction, Form 4, Director, Equity Vesting, Restricted Stock Units, Performance Stock Units, Beneficial Ownership
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