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[Form 4] Lite Strategy, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Lite Strategy, Inc. (LITS) reported an equity award to one of its directors in the form of stock options. On 11/14/2025, the director received an option grant covering 55,000 shares of common stock at an exercise price of $2.02 per share. These options are a customary annual grant to non-employee directors and were received as compensation for board service. The options vest over time, with 16.66666% vesting on the grant date and the remaining portion vesting in equal monthly amounts beginning 12/14/2025 and continuing through 11/14/2026, encouraging ongoing alignment between the director’s interests and those of shareholders.

Positive
  • None.
Negative
  • None.
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
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*
DRISCOLL FREDERICK W

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

(Street)
SAN DIEGO CA 92121

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lite Strategy, Inc. [ LITS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
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
Stock Option (Right to Buy) $2.02 11/14/2025 A 55,000 (1) 11/14/2035 Common Stock 55,000 (2) 55,000 D
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: 16.66666% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in equal monthly amounts beginning December 14, 2025 and continuing on the first day of each calendar month following such date and continuing through November 14, 2026.
2. Received as compensation for service on the Board.
/s/ Frederick W. Driscoll 11/18/2025
** 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.

FAQ

What equity award was reported for Lite Strategy, Inc. (LITS) on this Form 4?

The filing reports that a Lite Strategy, Inc. director received a stock option grant to purchase 55,000 shares of common stock at an exercise price of $2.02 per share.

When was the stock option grant to the Lite Strategy (LITS) director made?

The stock option grant to the director was made on 11/14/2025, which is shown as the earliest transaction date on the Form 4.

What is the vesting schedule for the 55,000 Lite Strategy (LITS) stock options?

The options vest as follows: 16.66666% vest on the grant date, and the remaining shares vest in equal monthly amounts starting on 12/14/2025 and continuing on the first day of each month through 11/14/2026.

Why did the Lite Strategy (LITS) director receive these stock options?

The options were described as a customary annual grant to non-employee directors and were received as compensation for service on the Board of Lite Strategy, Inc.

What type of security underlies the reported stock options for Lite Strategy (LITS)?

The derivative security is a stock option (right to buy), and the security underlying the option is Lite Strategy, Inc. common stock, with 55,000 shares underlying the option.

What is the expiration date of the Lite Strategy (LITS) director’s stock options?

The reported stock options have an expiration date of 11/14/2035, giving a long-term window for potential exercise.

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Pharmaceutical Preparations
SAN DIEGO