Monitor for additional insider selling in the next quarter; current activity is routine and likely related to pre-scheduled 10b5-1 plans or portfolio diversification, not a signal of distress.
Price Chart
Executive Summary
Multiple LEMAITRE VASCULAR (LMAT) insiders conducted transactions over a 7-day period, including open-market sales by the President and Senior VP of Operations totaling $641,398, alongside non-cash derivative exercises and tax withholdings. The core economic activity involves meaningful insider selling, though still under 0.1% of the company's $2.4B market cap.
Key Financial Metrics
Key Facts
- President David B Roberts sold 3,311.68 shares at $107.6752, totaling $356,586 in open-market sale.
- SVP Operations Trent G Kamke sold 2,625 shares at $108.5, totaling $284,812 in open-market sale.
- Kamke also exercised 5,250 derivative shares (two tranches of 2,625), with one costing $35.48/share ($93,135 total cash outlay), and the other at $0 (likely previously vested).
- CFO Dorian Paul exercised 4 derivative shares (two transactions of 2 shares each) at $0 and surrendered 96 shares for tax withholding totaling $10,483.
- All transactions occurred between 2026-03-10 and 2026-03-11.
- Total open-market sale proceeds: $641,398; total non-cash transactions: $103,618 (exercises and tax).
Financial Impact
Total open-market selling of $641,398 represents 0.027% of LMAT's $2.4B market cap — well below the 0.1% threshold for materiality.
Risk Factors
- Perception risk if media or retail investors misinterpret the selling as negative despite low magnitude.
- Future clusters with higher dollar volume or broader participation could signal real concern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (7 trades, 7d window) | cluster-LMAT-1773434612772 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Press Release | $80.45 $82.34 | ▲ +2.35% | ▲ +2.09% | $78.78 (−2.08%) |
Jul 14, 2026 11w ago | Press Release | $99.79 $82.13 | ▲ +17.70% | ▲ +20.04% | $78.78 (+21.06%) |
May 7, 2026 21w ago | Insider Cluster | $107.91 $91.64 | ▲ +15.08% | ▲ +18.21% | $78.78 (+27.00%) |
May 7, 2026 21w ago | Insider Cluster | $107.91 $91.64 | ▼ −15.08% | ▼ −18.21% | $78.78 (−27.00%) |
May 7, 2026 21w ago | Insider Cluster | $107.91 $91.64 | ▼ −15.08% | ▼ −18.21% | $78.78 (−27.00%) |
May 5, 2026 21w ago | 8-K | $110.22 $91.64 | ▼ −16.86% | ▼ −19.64% | $78.78 (−28.53%) |
Apr 14, 2026 24w ago | DEFA14A | $117.39 $101.64 | ▼ −13.42% | ▼ −19.71% | $78.78 (−32.89%) |
Apr 14, 2026 24w ago | 8-K | $117.39 $101.64 | ▼ −13.42% | ▼ −19.71% | $78.78 (−32.89%) |
Mar 11, 2026 29w ago | Insider Cluster | $108.09 $112.71 | ▲ +4.27% | ▲ +3.75% | $78.78 (−27.12%) |
Feb 26, 2026 31w ago | Insider Cluster | $113.43 $110.33 | ▲ +2.73% | ▼ −3.67% | $78.78 (+30.55%) |
US Market Status
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