Lightwave Logic extends CEO LeMaitre's term to Dec 2028; CFO Marcelli to retire

Lightwave Logic, Inc.

CEO LeMaitre gets 3-year contract, base salary $500k/yr, bonus up to $300k, and 826,617 RSUs plus modified performance RSUs.
CFO/COO Jim Marcelli to retire effective Dec 31, 2025; company has initiated search for replacement.
LeMaitre's RSUs vest over 2 years in four equal installments; no additional equity grants in 2026.
Severance: 12 months base salary without cause; 18 months with change-in-control; health premium reimbursement.
Performance-based RSUs (1,616,380) converted to time-based vesting.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.