Form 4: LightPath CFO Reports Stock Acquisition, RSU Grants

LightPath Technologies' Chief Financial Officer, Albert Miranda, reported the acquisition of Class A common stock through RSU vesting and new grants of restricted stock units.

Summary

• Chief Financial Officer Albert Miranda acquired 4,137 shares of LightPath Technologies Inc. Class A common stock on November 20, 2025, through the vesting of restricted stock units.
• Shares were withheld to cover the employee's share of payroll taxes during the vesting process.
• Following this transaction, Mr. Miranda directly beneficially owns 66,732 shares of Class A common stock.
• Mr. Miranda was granted 16,407 restricted stock units on March 7, 2025, which are scheduled to vest equally in three tranches on November 20, 2025, 2026, and 2027.
• An additional 5,697 restricted stock units were granted to Mr. Miranda on November 18, 2025, with vesting occurring equally over a three-year period, commencing with the first vesting on November 18, 2026.

Sentiment

Score: 7

Explanation: The filing indicates an increase in the CFO's direct beneficial ownership and new equity grants, which generally aligns management's interests with shareholders and can be viewed positively for retention and confidence.

Positives

• CFO Albert Miranda increased his direct beneficial ownership of Class A common stock to 66,732 shares, aligning his interests with long-term shareholder value.
• The grant of additional restricted stock units (16,407 on March 7, 2025, and 5,697 on November 18, 2025) serves as an incentive for management retention and performance.

Future Outlook

Future vesting events for restricted stock units are scheduled for November 20, 2025, 2026, and 2027 for the 16,407 units, and starting November 18, 2026, for the 5,697 units, indicating continued equity-based compensation for the CFO.

Industry Context

This filing reports an insider transaction, which is a routine disclosure for publicly traded companies and does not directly reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Increased alignment of the CFO's interests with shareholders due to higher equity ownership and future vesting incentives.
• Employees: The restricted stock unit grants are part of the CFO's compensation package, potentially impacting morale and retention for key personnel.

Next Steps

• Vesting of remaining tranches of 16,407 restricted stock units on November 20, 2026, and November 20, 2027.
• Vesting of 5,697 restricted stock units starting November 18, 2026, over a three-year period.

Key Dates

Keywords

LightPath Technologies, LPTH, Form 4, Insider Trading, Beneficial Ownership, Restricted Stock Units, CFO, Equity Compensation, Stock Grant