Lightwave Logic Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:LWLG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
31 Dec 25	SellUS$91,691	Siraj El-Ahmadi	Individual		29,099	US$3.15

Insider Trading Volume

Insider Buying: LWLG insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of LWLG?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,971,556	1.36%
Institutions	35,056,634	24.1%
General Public	108,402,435	74.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.5%.

Top Shareholders

Top 25 shareholders own 21.72% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.73%	The Vanguard Group, Inc.	9,794,276	US$65.3m	7.36%	no data
1.46%	Davidson Kempner Capital Management LP	2,128,639	US$14.2m	0%	0.81%
1.34%	Citadel Advisors LLC	1,947,675	US$13.0m	1,830%	0.01%
1.26%	BlackRock, Inc.	1,828,266	US$12.2m	17.6%	no data
1.17%	Alyeska Investment Group, L.P.	1,700,000	US$11.3m	0%	0.04%
1.17%	Geode Capital Management, LLC	1,694,599	US$11.3m	7.65%	no data
1.1%	State Street Global Advisors, Inc.	1,593,600	US$10.6m	178%	no data
0.7%	Marshall Wace LLP	1,013,735	US$6.8m	4,590%	0.01%
0.69%	Millennium Management LLC	1,006,720	US$6.7m	-45.7%	no data
0.6%	James Marcelli	868,293	US$5.8m	35.9%	no data
0.59%	Jane Street Group, LLC	862,039	US$5.7m	226%	0.01%
0.54%	The Goldman Sachs Group, Inc.	784,644	US$5.2m	512%	no data
0.54%	LPL Financial LLC	779,226	US$5.2m	1.02%	no data
0.53%	Charles Schwab Investment Management, Inc.	767,005	US$5.1m	-0.1%	no data
0.52%	Nokomis Capital, L.L.C.	750,000	US$5.0m	0%	1.4%
0.43%	Susquehanna International Group, LLP	622,117	US$4.1m	2.61%	0.01%
0.42%	Renaissance Technologies LLC	607,632	US$4.1m	2,850%	0.01%
0.3%	Group One Trading LLC	442,848	US$3.0m	0%	0.09%
0.28%	UBS Asset Management AG	402,476	US$2.7m	-32.2%	no data
0.27%	UMB Financial Corporation	388,592	US$2.6m	2.37%	0.04%
0.27%	Thomas Zelibor	386,722	US$2.6m	74.2%	no data
0.24%	HBK Investments L.P.	350,000	US$2.3m	0%	0.05%
0.21%	Financial Advocates Investment Management	305,986	US$2.0m	0%	0.17%
0.2%	Northern Trust Global Investments	298,033	US$2.0m	8.99%	no data
0.18%	Ronald Bucchi	262,544	US$1.8m	25.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/19 00:49
End of Day Share Price	2026/03/19 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lightwave Logic, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.