Insider George W. LeMaitre Holds 2.28M Shares in LMAT
Ticker: LMAT · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1158895
| Field | Detail |
|---|---|
| Company | Lemaitre Vascular Inc (LMAT) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: insider-ownership, amendment, beneficial-ownership
TL;DR
**Insider George W. LeMaitre still owns 2.28M shares of LMAT, signaling strong confidence.**
AI Summary
George W. LeMaitre, a key insider, filed an amended SC 13G/A on February 12, 2024, disclosing his beneficial ownership in LeMaitre Vascular, Inc. (LMAT) as of December 31, 2023. He holds 2,283,204 shares, representing a significant stake in the company. This filing indicates a stable, substantial insider holding, which can signal confidence in the company's future to investors.
Why It Matters
This filing shows that a major insider, George W. LeMaitre, maintains a substantial ownership stake, which can be a positive signal of his continued belief in the company's long-term prospects.
Risk Assessment
Risk Level: low — This filing indicates stable insider ownership, which generally reduces perceived risk as it suggests alignment between management and shareholders.
Analyst Insight
A smart investor would view this stable, substantial insider holding as a positive indicator of management's confidence in LeMaitre Vascular, Inc.'s future, potentially reinforcing a long-term investment thesis.
Key Numbers
- 2,283,204 shares — Beneficially Owned Shares (Represents George W. LeMaitre's total stake in LeMaitre Vascular, Inc.)
- 14,808 shares — Exercisable Options (Part of the total beneficial ownership, indicating potential for immediate conversion.)
Key Players & Entities
- George W. LeMaitre (person) — reporting person and insider
- LeMaitre Vascular, Inc. (company) — the issuer of the securities
- 2,283,204 shares (dollar_amount) — aggregate amount beneficially owned by George W. LeMaitre
- December 31, 2023 (date) — date of event requiring the filing
- 14,808 shares (dollar_amount) — shares subject to options exercisable within 60 days
Forward-Looking Statements
- George W. LeMaitre will maintain a significant ownership stake in LeMaitre Vascular, Inc. (George W. LeMaitre) — high confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is George W. LeMaitre, as stated in 'NAME OF REPORTING PERSON George W. LeMaitre' on the cover page.
What is the total number of shares beneficially owned by George W. LeMaitre as of the event date?
George W. LeMaitre beneficially owns 2,283,204 shares, as indicated under 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,283,204 shares' on the cover page.
What was the date of the event that required this SC 13G/A filing?
The date of the event which required this filing was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement December 31, 2023'.
Does the reported beneficial ownership include any shares from exercisable options?
Yes, the beneficial ownership includes 14,808 shares subject to options that are exercisable within 60 days of December 31, 2023, as noted in the footnote on the cover page.
What is the CUSIP number for LeMaitre Vascular, Inc. common stock?
The CUSIP number for LeMaitre Vascular, Inc. common stock is 525558201, as listed under 'CUSIP Number 525558201' on the cover page.
Filing Stats: 662 words · 3 min read · ~2 pages · Grade level 7.7 · Accepted 2024-02-12 15:02:21
Key Financial Figures
- $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 Par Value (Title of Class of Securiti
Filing Documents
- lemg20240212_sc13ga.htm (SC 13G/A) — 54KB
- 0001437749-24-003745.txt ( ) — 55KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 9, 2024 /s/ George W. LeMaitre George W. LeMaitre Page 5 of 5