Form 4 Filing for Rubin Shmuel at Lightpath Technologies Inc.

On March 23, 2026, Rubin Shmuel, President & CEO of Lightpath Technologies Inc., was granted 375,000 Restricted Stock Units (RSUs) under a new equity compensation program. This program, approved by the Board in March 2026, also includes performance-based options. The RSUs are intended to align executive compensation with long-term stockholder value and incentivize growth. The RSUs vest equally over three years, with the first vesting on March 23, 2027. The reported RSUs are subject to Section 16 reporting, unlike the options which have performance-based vesting criteria not yet achieved. Each RSU represents a contingent right to one share of Class A common stock. Mr. Shmuel has a total of 375,000 shares following this transaction. The filing is a Form 4, indicating a change in beneficial ownership.