Miranda Albert Granted Stock Options and RSUs

Miranda Albert, CFO of LIGHTPATH TECHNOLOGIES INC, was granted a multi-year equity compensation program including service-based restricted stock units (RSUs) and performance-based options. The grant, approved in March 2026, aims to align executive compensation with long-term stockholder value and incentivize growth. Currently, only the RSUs are subject to Section 16 reporting as the performance-based options have not yet met their revenue and adjusted EBITDA targets. The reported RSUs vest equally over three years, with the first vesting on March 23, 2027. Additionally, a stock option grant for 75,000 shares of Class A Common Stock was reported, with a transaction date of March 23, 2026.