Lightwave Logic, Inc. appointed Fred A. Graffam III as Chief Financial Officer, effective July 20, 2026. Under his new employment agreement, Mr. Graffam will receive an annual base salary of $450,000, a sign-on cash bonus of $70,000, and a sign-on equity award of $2,400,000 in restricted stock units. Snizhana "Ana" Quan will transition to the role of Vice President of Finance and Corporate Controller. Lightwave Logic, Inc. is a technology platform company that develops proprietary electro-optic polymers for next-generation photonic devices.