STOCK TITAN

Lite Strategy grants Glover 100,000 stock options

The board-service options vest in stages, alongside two earlier common-stock purchases.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Lite Strategy, Inc. (LITS) reported that director Nicholas Glover received a Board-service option award covering 100,000 common shares on October 22, 2026, with a $1.19 exercise price and an October 22, 2036 expiration. Glover also purchased 1,000 shares at $6.55 on July 22, 2025, and 1,000 shares at $6.00 on July 23, 2025; no Rule 10b5-1 plan is reported for these purchases.

Insider Glover Nicholas
Role Director
Bought 2,000 shs ($13K)
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) F2, F1 100,000 $0.00 $0.00
Purchase Common Stock 1,000 $6.00 $6K
Purchase Common Stock 1,000 $6.55 $7K
Holdings After Transaction: Stock Option (Right to Buy) — 100,000 contracts (Direct); Common Stock — 2,000 shares (Direct)
Footnotes (2)
  1. F1. Customary annual grant to non-employee directors of options to purchase shares of common stock. Such options shall vest as follows: 25.0% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in nine equal monthly installments on the last day of the calendar month beginning after the grant date such that the award becomes fully vested on June 30.
  2. F2. Received as compensation for service on the Board.
Options awarded 100,000 options Awarded October 22, 2026
Exercise price $1.19 per share Option award dated October 22, 2026
Option expiration October 22, 2036 Option award dated October 22, 2026
Shares purchased 1,000 shares Nicholas Glover, July 22, 2025; $6.55 per share
Purchase price $6.55 per share Nicholas Glover purchase on July 22, 2025
Shares purchased 1,000 shares Nicholas Glover, July 23, 2025; $6.00 per share
Purchase price $6.00 per share Nicholas Glover purchase on July 23, 2025
exercise price financial
"with a $1.19 exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vested financial
"25.0% shall be vested on the date of grant"
non-employee directors financial
"annual grant to non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LITS shares did Nicholas Glover buy, and at what prices?

Nicholas Glover, a director, purchased 1,000 shares at $6.55 on July 22, 2025, and 1,000 shares at $6.00 on July 23, 2025. No Rule 10b5-1 plan is reported for these purchases.

What option award did Nicholas Glover receive?

Glover received an option award covering 100,000 common shares on October 22, 2026, with a $1.19 exercise price and an expiration date of October 22, 2036. The options were received as compensation for service on the Board.

When do Nicholas Glover's LITS options vest?

25.0% vest on the grant date, and the remaining shares vest in nine equal monthly installments on the last day of each calendar month beginning after the grant date. The award becomes fully vested on June 30.

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

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Glover Nicholas

(Last)(First)(Middle)
C/O LITE STRATEGY, INC
9920 PACIFIC HEIGHTS BLVD., SUITE 150

(Street)
SAN DIEGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lite Strategy, Inc. [ LITS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/22/2025P1,000A$6.551,000D
Common Stock07/23/2025P1,000A$62,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$1.1910/22/2026A100,000 (1)10/22/2036Common Stock100,000$0(2)100,000D
Explanation of Responses:
1. Customary annual grant to non-employee directors of options to purchase shares of common stock. Such options shall vest as follows: 25.0% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in nine equal monthly installments on the last day of the calendar month beginning after the grant date such that the award becomes fully vested on June 30.
2. Received as compensation for service on the Board.
/s/ Nicholas Glover10/26/2026
** Signature of Reporting PersonDate
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)

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