Form 4: LightPath Technologies Director Granted Restricted Stock Units

LightPath Technologies Director Steven E. Creviston was granted 19,355 restricted stock units, which are scheduled to vest on November 20, 2025.

Summary

• Steven E. Creviston, a Director of LightPath Technologies Inc. (LPTH), was granted 19,355 restricted stock units (RSUs).
• Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
• The transaction date for the grant of these RSUs was June 16, 2025.
• The restricted stock units are scheduled to vest on November 20, 2025.
• Directors have the option to defer the receipt of the shares underlying the RSUs to a future date.
• Any unvested restricted stock units will vest immediately upon the director leaving the board.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive step in aligning management's interests with shareholders, though it is a routine compensation event and does not indicate extraordinary performance or issues.

Positives

• The grant of restricted stock units aligns the director's long-term financial interests with the performance of LightPath Technologies and shareholder value.
• Equity compensation is a standard practice that incentivizes directors to contribute to the company's sustained growth and profitability.

Industry Context

The grant of restricted stock units to directors is a common practice across industries for executive and board compensation, aiming to align their interests with long-term shareholder value. This filing reflects a standard compensation event within the technology sector, specifically for LightPath Technologies Inc.

Comparison to Industry Standards

• The grant of restricted stock units is a widely adopted form of equity compensation for directors in publicly traded companies, including those in the technology sector.
• While specific grant sizes vary by company size, market capitalization, and compensation philosophy, the mechanism of RSUs with vesting conditions is a standard benchmark for aligning director incentives with company performance and shareholder returns.
• No specific comparable companies, projects, or results are detailed in this routine Form 4 filing.

Related Party Transactions

• The grant of 19,355 restricted stock units to Director Steven E. Creviston constitutes a related party transaction, which is a standard form of equity compensation for board members.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of the director's interests with long-term company performance and shareholder value, as the director's compensation is tied to the stock's future performance.

Next Steps

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

Key Dates

Keywords

LightPath Technologies, LPTH, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, SEC Form 4, Equity Grant