Form 4: Lemaitre Vascular Director Roberts Executes Stock Options and Sells Shares

Sentiment:

SEC Form 4 Filing


David B. Roberts, a director and officer at Lemaitre Vascular, exercised stock options and sold shares of common stock on August 13, 2024.

Summary

  • On August 13, 2024, David B. Roberts, President and Director of Lemaitre Vascular, exercised stock options to acquire 122 shares at $23.56 and 2,941 shares at $35.48.
  • Following the exercise of these options, Roberts sold 3,063 shares of common stock at a weighted average price of $82.07, with individual trades ranging from $82.05 to $82.30.
  • After these transactions, Roberts directly owns 14,114 shares of Lemaitre Vascular common stock.
  • Roberts also holds options to buy 2,941 shares of common stock at an exercise price of $35.48.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an insider. There's no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
12/19/2018Date of grant for stock options exercisable on 08/13/2024 at $23.56
12/20/2019Date of grant for stock options exercisable on 08/13/2024 at $35.48
08/13/2024Date of transaction: Roberts exercised stock options and sold shares.
08/15/2024Date of signature for the SEC Form 4 filing.
12/19/2025Expiration date for stock options granted on 12/19/2018.
12/20/2026Expiration date for stock options granted on 12/20/2019.

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