Form 4: LightPath Technologies Director Darcie Peck Reports Acquisition of Restricted Stock Units

LightPath Technologies Director Darcie Peck has reported the acquisition of 19,355 restricted stock units, bringing her total beneficial ownership to 63,151 units.

Summary

• Darcie Peck, a Director of LightPath Technologies Inc. (LPTH), filed a Form 4 to report a change in beneficial ownership.
• She acquired 19,355 restricted stock units (RSUs) on June 16, 2025.
• Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
• Following this transaction, Ms. Peck beneficially owns a total of 63,151 restricted stock units directly.
• The newly acquired restricted stock units are scheduled to vest on November 20, 2025.
• Directors have the option to defer the receipt of the shares to a future date.
• Any unvested restricted stock units will vest immediately upon the director leaving the board.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction related to director compensation, which is a neutral event in terms of immediate company performance or outlook.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.

Future Outlook

The document indicates a future vesting event for the restricted stock units on November 20, 2025, and notes that directors have the option to defer the receipt of shares.

Industry Context

This Form 4 filing is a routine disclosure of insider ownership changes, specifically related to director compensation. It reflects a common practice in publicly traded companies where directors receive equity-based awards to incentivize long-term performance and align their interests with shareholders. This type of filing does not typically provide insights into broader industry trends or competitive dynamics.

Comparison to Industry Standards

• N/A The document does not provide specific comparable companies, projects, or results to assess against global benchmarks. The RSU grant is a standard form of director compensation.

Related Party Transactions

• The grant of restricted stock units to a director is a common form of equity compensation, which is a transaction between the company and a related party (the director), designed to align interests.

Stakeholder Impact

• Shareholders: The grant of equity compensation to a director can be seen as a positive for shareholders as it aligns the director's financial interests with the company's long-term stock performance.

Next Steps

• Vesting of the 19,355 restricted stock units on November 20, 2025.

Key Dates

Keywords

LightPath Technologies, LPTH, Darcie Peck, Form 4, SEC filing, restricted stock units, RSU, director compensation, insider transaction, beneficial ownership