Lightwave Logic appoints Fred Graffam as CFO; base salary $450k, sign-on equity $2.4M

Lightwave Logic, Inc.

Fred Graffam appointed CFO effective July 20, 2026; replaces Snizhana 'Ana' Quan who becomes VP of Finance.
Base salary $450k, discretionary bonus up to 40%, sign-on cash $70k (pro-rata clawback if resigns within 12 months).
Sign-on equity award of $2.4M in RSUs: 25% vests at 1 year, 75% quarterly over 3 years.
Graffam previously CFO of Fidium (formerly CNSL) and Ascent Capital (ASCMA); brings 20+ years experience.
Severance: if terminated without cause, base salary + target bonus + COBRA for 12 months; double if within 12 months of change in control.

item 5.02 item 7.01 item 9.01

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Appointed

Fred A. Graffam III

Chief Financial Officer

LWLG · Lightwave Logic, Inc.

Effective: 2026-07-20
Filed: July 20, 2026, 9:00 AM ET

On July 20, 2026, the Board of Directors (the “Board”) of Lightwave Logic, Inc. (the “Company”) appointed Fred A. Graffam III as the Company’s Chief Financial Officer, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Fred A. Graffam III was appointed as Chief Financial Officer at Lightwave Logic, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On July 20, 2026, the Board of Directors (the “Board”) of Lightwave Logic, Inc. (the “Company”) appointed Fred A. Graffam III as the Company’s Chief Financial Officer, effective immediately.

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Lightwave Logic, Inc. filing history →

Source: SEC EDGAR

accession 0001079973-26-000955

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