LeMaitre Vascular (LMAT) director granted new dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeMaitre Vascular director John A. Roush reported grants of dividend equivalent rights tied to prior equity awards. On March 26, 2026, he acquired several small fractional awards of Dividend Equivalent Rights, each economically equal to one share of LeMaitre Vascular common stock.
The rights accrued on restricted stock unit and performance share unit awards originally granted on December 8, 2023, December 6, 2024, and December 10, 2025, and they vest proportionately with those underlying awards. These are compensation-related accruals rather than open-market stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Roush John A
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 1: 0.3941 rights
Dividend Equivalent Rights grant 2: 0.4720 rights
Dividend Equivalent Rights grant 3: 0.6426 rights
+2 more
5 metrics
Dividend Equivalent Rights grant 1
0.3941 rights
Grant on March 26, 2026 tied to prior award
Dividend Equivalent Rights grant 2
0.4720 rights
Grant on March 26, 2026 tied to prior award
Dividend Equivalent Rights grant 3
0.6426 rights
Grant on March 26, 2026 tied to prior award
Dividend Equivalent Rights grant 4
0.7276 rights
Grant on March 26, 2026 tied to prior award
Dividend Equivalent Rights grant 5
1.2077 rights
Grant on March 26, 2026 tied to prior award
Key Terms
Dividend Equivalent Rights, restricted stock unit, performance share unit, economic equivalent of one share
4 terms
Dividend Equivalent Rights financial
"These dividend equivalent rights accrued on a restricted stock unit award granted on 12/8/2023"
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
"These dividend equivalent rights 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.
FAQ
What insider activity did LeMaitre Vascular (LMAT) report for John A. Roush?
LeMaitre Vascular director John A. Roush reported grants of Dividend Equivalent Rights on March 26, 2026. These are fractional compensation-related awards tied to existing equity grants, not open-market stock purchases or sales, and mirror dividends on underlying share units.
What are Dividend Equivalent Rights in the LMAT Form 4 filing?
Dividend Equivalent Rights give the holder economic value equal to dividends on underlying share units. In this filing, each right is the economic equivalent of one share of LeMaitre Vascular common stock and accrues on restricted stock unit and performance share unit awards.
Which equity awards generated the Dividend Equivalent Rights for LMAT director Roush?
The reported Dividend Equivalent Rights accrued on restricted stock unit and performance share unit awards granted on December 8, 2023, December 6, 2024, and December 10, 2025. The rights vest proportionately with each corresponding equity award over time.
Do the LMAT Dividend Equivalent Rights vest immediately or over time?
The Dividend Equivalent Rights vest proportionately with the underlying restricted stock unit and performance share unit awards. As each original award vests, the related dividend equivalent rights also vest, aligning the timing of these compensation elements for the director.
Are the LMAT Dividend Equivalent Rights an open-market transaction?
No. The reported Dividend Equivalent Rights are grants classified as “Grant, award, or other acquisition” under code A. They are compensation-related accruals linked to prior equity awards, not open-market share purchases or sales in LeMaitre Vascular stock.