Form 4: LeMaitre Vascular Director Roberts Reports Stock Transactions Following PSU Vesting

Director David B. Roberts of LeMaitre Vascular, Inc. reports acquisition and disposal of common stock related to performance share unit (PSU) vesting and tax obligations.

Summary

• On February 28, 2025, David B. Roberts, a director and officer of LeMaitre Vascular, Inc. (LMAT), reported transactions involving the company's common stock.
• Roberts acquired 685 shares of common stock upon the settlement of a Performance Share Unit (PSU) award granted on December 8, 2023, at a price of $0.
• He also acquired 5 shares upon the release of dividend equivalent rights.
• 203 shares were disposed of to satisfy tax withholding obligations at a price of $91.85.
• Following these transactions, Roberts beneficially owns 15,158 shares of LMAT common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The PSU award vests as follows: 25% upon determination by the Compensation Committee and the balance vests in equal annual installments from the grant date over the next three years.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and are closely monitored by investors for insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies, ensuring transparency in insider trading activities.
• The vesting schedule of the PSU award (25% initially, then equal annual installments) is a common practice in executive compensation packages.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of shares held by a director.

Key Dates