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LFST (NASDAQ: LFST) Form 144 shows affiliate stock resale notice, recent dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LFST submitted a Form 144 notice for proposed sales of Common Stock by affiliated holders. The filing lists 438,074.20 (unit shown) and identifies specific transfers originating from private placements dated 06/01/2017 to Vitthal and Shama entities. The filing also reports actual sales by Robert Bessler of 5,101 and 7,752 shares on 04/21/2026 and 04/23/2026, respectively.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 lists proposed affiliate sales and recent small dispositions.

The filing documents proposed resale of Common Stock tied to earlier private placements and shows two recent dispositions by Robert Bessler (5,101 and 7,752 shares). Form 144 is a notice required for affiliates before resales under Rule 144.

Cash‑flow treatment and aggregate registration context are not provided in the excerpt; subsequent transaction filings or broker reports will confirm timing and final execution details.

Filed unit/amount 438,074.20 listed in filing excerpt
Private placement date 06/01/2017 origin date for shares transferred to Vitthal and Shama entities
Sale on 04/21/2026 5,101 shares reported sale by Robert Bessler
Proceeds shown 04/21/2026 $35,749.48 amount adjacent to 5,101-share entry
Sale on 04/23/2026 7,752 shares reported sale by Robert Bessler
Proceeds shown 04/23/2026 $54,267.10 amount adjacent to 7,752-share entry
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Private Placement financial
"Common | 06/01/2017 | Private Placement"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
Common Stock financial
"Securities Sold During The Past 3 Months | Common Stock | 04/21/2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LFST's Form 144 disclose about proposed sales?

The Form 144 discloses proposed sales of Common Stock by affiliated holders, listing an item labeled 438,074.20 and private placement origins dated 06/01/2017. It identifies the transferring entities as Vitthal and Shama trusts/LLCs.

How many shares did Robert Bessler report selling in the past three months on LFST's filing?

Robert Bessler reported two dispositions: 5,101 shares on 04/21/2026 and 7,752 shares on 04/23/2026. Monetary amounts of $35,749.48 and $54,267.10 appear next to those entries in the excerpt.

Are the shares originated from a registered offering or private placement in LFST's Form 144?

The excerpt links the shares to Private Placement entries dated 06/01/2017, showing transfers from Vitthal gift Trust to Vitthal LLC and Shama gift Trust to Shama LLC, as stated in the filing excerpt.

Does this Form 144 confirm completion of the proposed sales for LFST shares?

No. Form 144 is a notice of intent; the excerpt reports proposed sales and two recent dispositions but does not confirm completion of the broader proposed resale amounts. Final execution requires later transaction reports or broker confirmations.