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Lightwave Logic Director Sells 9,000 Shares -- But Context Is Crucial

Apr 07, 2026 15:33 UTC

Key Points9,000 shares sold at approximately $8.52 per share, for a transaction value of ~$77,000..

  • April 07, 2026 — 11:33 am EDT Written byAndy GouldforThe Motley Fool-> 9,000 shares sold at approximately $8
  • 52 per share, for a transaction value of ~$77,000
  • The sale reduced Connelly's direct holdings from 86,132 shares to 77,132 shares -- a reduction of roughly 10

April 07, 2026 — 11:33 am EDT Written byAndy GouldforThe Motley Fool-> 9,000 shares sold at approximately $8.52 per share, for a transaction value of ~$77,000. The sale reduced Connelly's direct holdings from 86,132 shares to 77,132 shares -- a reduction of roughly 10.5%. Per the Form 4 filing, the sale was made to cover tax withholding obligations associated with RSU vestings on March 31, 2026 -- not a discretionary open-market sale. The post-transaction position is valued at roughly $607,000 based on the April 6, 2026 closing price of $7.87 per share. Thomas M. Connelly, Jr. -- a Director at

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