---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-001473"
form_type: "8-K"
ticker: "LWLG"
cik: "0001325964"
company_name: "Lightwave Logic, Inc."
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:27:52.602629+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001079973-25-001473
- form_type: 8-K
- ticker: LWLG
- cik: 0001325964
- company_name: Lightwave Logic, Inc.
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325964/000107997325001473/0001079973-25-001473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325964/000107997325001473/lwlg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-001473
- JSON: https://secwatch.observer/filing/0001079973-25-001473.json
- Plain text: https://secwatch.observer/filing/0001079973-25-001473.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.