Form 4: Lemaitre Vascular Insider Acquires Dividend Rights
Insider Transaction Report
Lemaitre Vascular President and Director David B. Roberts acquired additional dividend equivalent rights tied to his equity awards.
Summary
- David B. Roberts, President and Director of Lemaitre Vascular Inc. (LMAT), reported the acquisition of Dividend Equivalent Rights (DERs).
- The transactions occurred on March 26, 2026, and involved the accrual of DERs on various restricted stock unit (RSU) and performance share unit (PSU) awards.
- A total of 18.0821 Dividend Equivalent Rights were acquired across nine separate entries.
- Each dividend equivalent right is the economic equivalent of one share of Lemaitre Vascular's common stock.
- These DERs vest proportionately with their underlying RSU and PSU awards, which were granted on various dates between December 2022 and December 2025.
- Following these transactions, David B. Roberts beneficially owns a total of 120.5978 derivative securities in the form of Dividend Equivalent Rights.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine disclosure of executive compensation, reflecting the accrual of dividend equivalent rights on existing equity awards, and does not indicate a significant change in company fundamentals or strategy.
Future Outlook
NA
Industry Context
StockSavvy.ai notes this is a standard disclosure for executive compensation, reflecting the routine accrual of dividends on unvested equity awards, which is a common practice in many publicly traded companies to align executive incentives with shareholder returns.
Stakeholder Impact
- Minimal impact on shareholders, as this is a routine disclosure related to executive compensation and does not represent a new strategic or operational development.
Key Dates
| Date | Description |
|---|---|
| 12/12/2022 | Grant date of underlying restricted stock unit and performance share unit awards on which dividend equivalent rights accrued. |
| 12/8/2023 | Grant date of underlying restricted stock unit and performance share unit awards on which dividend equivalent rights accrued. |
| 12/6/2024 | Grant date of underlying restricted stock unit and performance share unit awards on which dividend equivalent rights accrued. |
| 2/18/2025 | Grant date of underlying restricted stock unit and performance share unit awards on which dividend equivalent rights accrued. |
| 12/10/2025 | Grant date of underlying restricted stock unit award on which dividend equivalent rights accrued. |
| 03/26/2026 | Date of acquisition of Dividend Equivalent Rights. |
| 03/30/2026 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Lemaitre Vascular, LMAT, Insider Transaction, Form 4, Dividend Equivalent Rights, Executive Compensation, David B. Roberts
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.