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LWLG - Lightwave Logic, Inc.

Insider Sale by El-Ahmadi Siraj Nour (Dir)

1 Month
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Trade Summary

2 days ago, El-Ahmadi Siraj Nour, serving as Dir at Lightwave Logic, Inc. (LWLG), sold 54,536 shares at $7.76 per share, for a total transaction value of $423,199.00. Following this transaction, El-Ahmadi Siraj Nour now holds 97,168 shares of LWLG.

This sale represents a 36.00% decrease in El-Ahmadi Siraj Nour's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, April 7, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, April 7, 2026, meaning the disclosure happened on the same day as the trade.

Lightwave Logic, Inc. operates in the BASIC MATERIALS sector, specifically within the SPECIALTY CHEMICALS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

El-Ahmadi Siraj Nour

Dir

Siraj Nour El-Ahmadi is a Director at Lightwave Logic, Inc. (LWLG), having joined the board as an independent director in 2013.[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi)[[4]](http://lightwave.mz-sites.com/corporate-governance/board-of-directors/)[[7]](https://www.lightwavelogic.com/board-of-directors) Aged 60, he holds BS and MS degrees in Electrical Engineering from the University of Oklahoma, is a member of Eta Kappa Nu, and is an inventor on over 30 optical communications patents.[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi)[[2]](https://theorg.com/org/plume/org-chart/siraj-nour-el-ahmadi)[[3]](https://www.imecitf.com/spain/speakers/siraj-nour-elahmadi) On December 11, 2024, he was appointed as Acting Vice President of Engineering in a non-employee capacity, shifting his status to non-independent.[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi) El-Ahmadi brings over 30 years of expertise in telecommunications and optics, with career highlights including co-founding and serving as President & CEO of Menara Networks (2004–2016, acquired by IPG Photonics), GM & President of IPG Photonics' Optical Transceiver Division (2016–2021), and Chief Commercial Officer & GM of Data Products at Plume Design (2021–present).[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi)[[2]](https://theorg.com/org/plume/org-chart/siraj-nour-el-ahmadi)[[3]](https://www.imecitf.com/spain/speakers/siraj-nour-elahmadi) Earlier roles spanned Nortel, Qtera Corporation (acquired by Nortel for $3.25B), Bell Northern Research, and others, where he led products generating over $2B in bookings.[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi)[[3]](https://www.imecitf.com/spain/speakers/siraj-nour-elahmadi) He currently serves as COO at Atlas Data Storage, advises startups, and sits on the Industrial Advisory Board at UT Dallas Engineering College.[[3]](https://www.imecitf.com/spain/speakers/siraj-nour-elahmadi) As a LWLG insider, he has received recent awards including 75,000 stock options on December 10, 2024, and holds shares valued at approximately $458,856 as of early 2026.[[1]](https://fintool.com/app/research/companies/LWLG/people/siraj-nour-el-ahmadi)[[5]](https://www.gurufocus.com/insider/114380/siraj-nour-el-ahmadi)

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Trade Price

$7.76

Quantity

54,536

Total Value

$423,199.00

Shares Owned

97,168

Trade Date

Tuesday, April 7, 2026

2 days ago

SEC Filing Date

Tuesday, April 7, 2026

BASIC MATERIALSSPECIALTY CHEMICALS

About Lightwave Logic, Inc.

Company Overview

No company information available
View news mentioning LWLG

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