Form 4: LENSAR COO Sells Shares for Tax Obligations
Insider Transaction Report
LENSAR's Chief Operating Officer, Alan B. Connaughton, disposed of 2,262 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Alan B. Connaughton, Chief Operating Officer of LENSAR, Inc. (LNSR), reported a transaction involving the company's common stock.
- On January 11, 2026, Mr. Connaughton disposed of 2,262 shares of common stock.
- The shares were disposed of at a price of $11.57 per share.
- This transaction was executed to satisfy tax withholding obligations incident to the vesting of restricted stock units.
- Following this transaction, Mr. Connaughton beneficially owns 359,461 shares of LENSAR, Inc. common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale for tax purposes related to compensation, indicating a neutral sentiment regarding the company's prospects.
Future Outlook
NA
Industry Context
This is a routine insider transaction for tax purposes and does not directly reflect broader industry trends or competitive positioning. It is a standard event when restricted stock units vest for executives.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in confidence.
- Employees: No direct impact on the broader employee base.
Key Dates
| Date | Description |
|---|---|
| 01/11/2026 | Date of transaction where shares were disposed of. |
| 01/13/2026 | Date the Form 4 was signed and filed. |
Keywords
LENSAR, LNSR, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, COO
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