{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-26-000955","form_type":"8-K","ticker":"LWLG","cik":"0001325964","company_name":"Lightwave Logic, Inc.","filed_at":"2026-07-20T13:00:14+00:00","discovered_at":"2026-07-20T13:01:00.890244+00:00","generated_at":"2026-07-20T13:01:30.227605+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lightwave Logic appoints Fred Graffam as CFO; base salary $450k, sign-on equity $2.4M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-26-000955","json":"https://secwatch.observer/filing/0001079973-26-000955.json","markdown":"https://secwatch.observer/filing/0001079973-26-000955.md","text":"https://secwatch.observer/filing/0001079973-26-000955.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325964/000107997326000955/0001079973-26-000955-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325964/000107997326000955/lwlg_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-20T13:01:30.227605+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9766e9d57","claim":"Fred A. Graffam III was appointed as Chief Financial Officer at Lightwave Logic, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325964/000107997326000955/0001079973-26-000955-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}