LeMaitre (NASDAQ: LMAT) director awarded new dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEMAITRE VASCULAR INC director Lawrence J. Jasinski reported routine compensation-related grants of dividend equivalent rights. On March 26, 2026, he acquired several small fractional awards of dividend equivalent rights linked to existing restricted stock unit and performance share unit grants from December 8, 2023, December 6, 2024, and December 10, 2025. Each dividend equivalent right is the economic equivalent of one share of LeMaitre Vascular common stock and will vest proportionately with the underlying stock or performance awards. These are non-cash, derivative awards and do not represent any open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Jasinski Lawrence J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.394 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.472 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.643 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.728 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 1.208 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 4.602 shares (Direct)
Footnotes (1)
- These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights accrued on a performance share unit award granted on 12/8/2023 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights accrued on a performance share unit award granted on 12/6/2024 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights accrued on a restricted stock unit award granted on 12/10/2025 and vest proportionately with such award. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
Key Figures
Dividend Equivalent Rights grant: 0.3941 rights
Dividend Equivalent Rights grant: 0.4720 rights
Dividend Equivalent Rights grant: 0.6426 rights
+4 more
7 metrics
Dividend Equivalent Rights grant
0.3941 rights
Granted on March 26, 2026, economic equivalent of common stock
Dividend Equivalent Rights grant
0.4720 rights
Granted on March 26, 2026, tied to prior equity award
Dividend Equivalent Rights grant
0.6426 rights
Granted on March 26, 2026 as derivative compensation
Dividend Equivalent Rights grant
0.7276 rights
Granted on March 26, 2026, vests with underlying award
Dividend Equivalent Rights grant
1.2077 rights
Granted on March 26, 2026, economic equivalent of shares
Transactions acquiring rights
5 derivative entries
All coded A for grant/award on March 26, 2026
Net buy/sell shares
0 shares
transactionSummary netBuySellShares neutral in this Form 4
Key Terms
Dividend Equivalent Rights, restricted stock unit, performance share unit, economic equivalent, +1 more
5 terms
Dividend Equivalent Rights financial
"These dividend equivalent rights accrued on a restricted stock unit award"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock unit financial
"accrued on a restricted stock unit award granted on 12/8/2023"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider transaction did LMAT director Lawrence Jasinski report?
Lawrence J. Jasinski reported acquiring several small grants of Dividend Equivalent Rights on March 26, 2026. These awards are tied to prior restricted stock unit and performance share unit grants and are part of his equity-based director compensation, not market purchases or sales.
What are Dividend Equivalent Rights in the LMAT Form 4 filing?
Dividend Equivalent Rights give the holder economic value similar to LMAT common stock dividends. In this filing, each right is the economic equivalent of one common share and accrues on existing restricted stock unit and performance share unit awards, vesting proportionately with those underlying grants over time.
Which prior LMAT equity awards generated these Dividend Equivalent Rights?
The Dividend Equivalent Rights accrued on LMAT awards granted on December 8, 2023, December 6, 2024, and December 10, 2025. They are linked to both restricted stock unit and performance share unit grants and will vest in step with those underlying awards as they vest.
How many Dividend Equivalent Rights did Jasinski acquire in each LMAT grant?
Jasinski acquired fractional amounts of Dividend Equivalent Rights in several grants, including 0.3941, 0.4720, 0.6426, 0.7276, and 1.2077 rights. Each fractional right corresponds economically to the same fraction of a share of LMAT common stock.