Form 4: LightPath Technologies Director Settles Restricted Stock Units
SEC Form 4 Filing
Director Kimberly Anne Crider settled restricted stock units into 43,796 shares of Class A common stock on January 31, 2025.
Summary
- On January 31, 2025, Kimberly Anne Crider, a director of LightPath Technologies Inc., settled restricted stock units (RSUs) into Class A common stock.
- The transaction involved the conversion of 43,796 RSUs into 43,796 shares of Class A common stock on a one-for-one basis.
- Following the transaction, Ms. Crider directly owns 43,796 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting the standard vesting and settlement of previously granted stock units.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Restricted stock units settled into Class A Common Stock |
| 02/03/2025 | Date of signature on the Form 4 filing |
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