HRT Financial LP (LGHL) nets share sale after buy and sell trades

Rhea-AI Filing Summary

HRT Financial LP, a 10% owner of Lion Group Holding Ltd, reported both buying and selling Class A Shares over two days. It purchased 4,122 shares at $1.10 per share on March 19, 2026, then sold 9,408 shares at $1.05 per share on March 20, 2026. After these trades, HRT Financial LP directly held 14,141 Class A Shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HRT FINANCIAL LP

(Last) (First) (Middle)

3 WORLD TRADE CENTER, 175 GREENWICH STRE

76TH FLOOR

(Street)

NEW YORK NEW YORK 10007

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lion Group Holding Ltd [ LGHL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Shares	03/19/2026		P		4,122	A	$1.1	23,549	D
Class A Shares	03/20/2026		S		9,408	D	$1.05	14,141	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Adam Nunes	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider trades did HRT Financial LP report in Lion Group (LGHL) shares?

HRT Financial LP reported one purchase and one sale of Lion Group Class A Shares. It bought 4,122 shares at $1.10 per share, then sold 9,408 shares at $1.05, reflecting active trading over consecutive days.

How many Lion Group (LGHL) shares does HRT Financial LP hold after these Form 4 transactions?

After the reported trades, HRT Financial LP directly holds 14,141 Lion Group Class A Shares. This figure reflects its position following the 4,122-share purchase and the 9,408-share sale disclosed in the Form 4 insider filing.

Did HRT Financial LP buy or sell more Lion Group (LGHL) shares overall in this Form 4?

Overall, HRT Financial LP sold more shares than it bought. It purchased 4,122 Lion Group Class A Shares and sold 9,408 shares, resulting in a net reduction of 5,286 shares across the two reported transactions.

On what dates did HRT Financial LP trade Lion Group (LGHL) Class A Shares?

HRT Financial LP traded Lion Group Class A Shares on two consecutive days. It executed an open-market purchase on March 19, 2026, followed by an open-market sale on March 20, 2026, as detailed in the Form 4 filing.

What prices were reported for HRT Financial LP’s Lion Group (LGHL) share trades?

The filing shows HRT Financial LP bought Lion Group Class A Shares at $1.10 per share and sold shares at $1.05 per share. These per-share prices apply to the 4,122-share purchase and the 9,408-share sale reported.

What type of transactions did HRT Financial LP report in Lion Group (LGHL) stock?

HRT Financial LP reported open-market transactions in Lion Group Class A Shares. The Form 4 describes the 4,122-share trade as an open-market purchase and the 9,408-share trade as an open-market sale, both involving non-derivative equity securities.