LeMaitre Vascular (LMAT) president reports grants of dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeMaitre Vascular (LMAT) President and Director David B. Roberts reported compensation-related grants of dividend equivalent rights on derivative awards. On March 26, 2026, he acquired multiple small blocks of Dividend Equivalent Rights, each economically equal to one share of common stock and priced at $0.0000 per right.
The footnotes explain these rights accrued on previously granted restricted stock units and performance share units from awards dated December 12, 2022, December 8, 2023, December 6, 2024, February 18, 2025, and December 10, 2025, and vest proportionately with those awards. No open‑market buys or sells were reported; this filing reflects routine equity-based compensation accrual rather than trading activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Roberts David B
Role
President and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 1.544 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 1.544 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 2.637 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 3.16 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 2.291 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 2.596 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.222 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 0.251 | $0.00 | -- |
| Grant/Award | Dividend Equivalent Rights | 3.839 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 21.518 shares (Direct)
Footnotes (1)
- These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022 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 12/12/2022 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 12/8/2023 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 2/18/2025 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 2/18/2025 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
Derivative transactions: 9 derivative entries
Acquisition count: 9 acquisitions
Largest rights grant: 3.8386 rights
+3 more
6 metrics
Derivative transactions
9 derivative entries
All on March 26, 2026 as grants of rights
Acquisition count
9 acquisitions
transactionSummary acquireCount for Roberts
Largest rights grant
3.8386 rights
Single Dividend Equivalent Rights grant on March 26, 2026
Example grant size
1.5436 rights
Several individual Dividend Equivalent Rights grants
Exercise price
$0.0000 per right
Conversion or exercise price for the rights
Post-grant holding example
24.2949 rights
Total Dividend Equivalent Rights following one transaction
Key Terms
Dividend Equivalent Rights, restricted stock unit, performance share unit, economic equivalent of one share, +1 more
5 terms
Dividend Equivalent Rights financial
"These dividend equivalent rights accrued on a restricted stock unit award granted on 12/12/2022"
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 12/12/2022"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did LMAT President David B. Roberts report?
David B. Roberts reported grants of dividend equivalent rights, not open-market trades. These rights accrued on prior restricted stock unit and performance share unit awards and are economically equivalent to common shares, vesting proportionately with the underlying equity awards over time.
What are dividend equivalent rights in the LMAT Form 4 filing?
Dividend equivalent rights give the holder economic value equal to LMAT common stock dividends. In this filing, each right is explicitly described as the economic equivalent of one share of common stock and accrues on outstanding restricted stock unit and performance share unit awards.
How many derivative grants were reported by LMAT insider David B. Roberts?
The Form 4 shows nine derivative transactions, all classified as acquisitions. Each entry reflects a small grant of dividend equivalent rights tied to earlier restricted stock unit or performance share unit awards, with no reported exercises, sales, gifts, or tax-withholding dispositions.
Which prior equity awards generated these LMAT dividend equivalent rights?
The dividend equivalent rights accrued on equity awards originally granted on December 12, 2022, December 8, 2023, December 6, 2024, February 18, 2025, and December 10, 2025. They vest proportionately with the corresponding restricted stock unit and performance share unit awards referenced in the footnotes.