STOCK TITAN

Citadel Securities files to sell 13.6M LFST (LFST) shares under Rule 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LFST received a Rule 144 notice indicating that Citadel Securities, LLC plans to sell up to 13,643,207 shares of Common Stock, par value $0.01 per share, on the NASDAQGS on or after August 10, 2026. The filing lists an aggregate market value of $147,892,363.88 for these shares, with 382,055,609 shares of Common Stock outstanding. The seller originally acquired 184,902,826 shares from the issuer on June 9, 2021 in a reorganization that preceded the company’s initial public offering, described as a contribution of limited partner interests for shares of Common Stock.

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Shares to be sold 13,643,207 shares Maximum LFST Common Stock shares covered by Citadel Securities’ Rule 144 filing
Aggregate market value $147,892,363.88 Aggregate market value of the 13,643,207 shares to be sold
Shares outstanding 382,055,609 shares LFST Common Stock outstanding as referenced in the Form 144
Original shares acquired 184,902,826 shares LFST shares originally acquired by Citadel Securities, LLC on June 9, 2021
Planned sale date 08/10/2026 Date on or after which the Rule 144 sales may occur on NASDAQGS
Rule 144 regulatory
"received a Rule 144 notice indicating that Citadel Securities, LLC plans to sell"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"The filing lists an aggregate market value of $147,892,363.88 for these shares"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
initial public offering financial
"in a reorganization that preceded its initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
contribution of limited partner interests financial
"Contribution of limited partner interests for shares of Common Stock"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stock sale is disclosed for LFST in this Form 144?

Citadel Securities, LLC filed to sell up to 13,643,207 shares of LFST Common Stock under Rule 144. The filing lists an aggregate market value of $147,892,363.88 for these shares, to be sold on NASDAQGS on or after August 10, 2026.

Who is selling LFST shares and on which market?

The seller is Citadel Securities, LLC, which plans to sell LFST Common Stock on the NASDAQGS market. The Form 144 relates to the potential sale of 13,643,207 shares with an aggregate market value of $147,892,363.88.

How many LFST shares are outstanding in this Form 144?

The Form 144 states that 382,055,609 shares of LFST Common Stock are outstanding. This figure provides context for the planned sale of 13,643,207 shares by Citadel Securities, LLC under Rule 144 on or after August 10, 2026.

When were the LFST shares originally acquired by the seller?

The shares were originally acquired on June 9, 2021 in a reorganization preceding LFST’s initial public offering. Citadel Securities, LLC obtained 184,902,826 shares through a contribution of limited partner interests in exchange for Common Stock from the issuer.

Does LFST receive proceeds from this Form 144 stock sale?

The Form 144 describes a potential resale by Citadel Securities, LLC of existing LFST shares acquired in a prior reorganization. It characterizes this as a holder sale under Rule 144, not an issuance by the company, and does not describe proceeds to LFST.

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