Lightspeed officer to sell 15,433 shares for taxes

An officer of Lightspeed Commerce Inc. filed a Rule 144 notice to sell 15,433 subordinate voting shares in sell-to-cover transactions linked to recent RSU vesting.

Rhea-AI Filing Summary

Lightspeed Commerce Inc. (LSPD) received a Rule 144 notice indicating that officer Bhawna Singh plans to sell Subordinate Voting Shares. The notice covers 15,433 shares, tied to Restricted Stock Units (RSUs) that vested on September 21, 2026, with the sales described as sell-to-cover transactions for taxes owed on the vesting.

The shares are listed on the NYSE, and the notice states that 129,299,592 Subordinate Voting Shares were outstanding as of July 28, 2026; this is a baseline figure, not the amount being sold.

Key Figures

Shares to be sold under Rule 144: 15,433 shares Aggregate market value of securities: $145,942.16 Shares outstanding: 129,299,592 shares +1 more

4 metrics

Shares to be sold under Rule 144 15,433 shares Subordinate Voting Shares covered by the notice, linked to RSU vesting on September 21, 2026

Aggregate market value of securities $145,942.16 Value associated with the 15,433 Subordinate Voting Shares referenced in the notice

Shares outstanding 129,299,592 shares Subordinate Voting Shares outstanding as of July 28, 2026

Date of RSU-related transactions September 21, 2026 Date of RSU vesting and related sell-to-cover transactions described in the notice

Key Terms

Rule 144, Subordinate Voting Shares, RSU Vest, sell-to-cover

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

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.

Subordinate Voting Shares financial

"Subordinate Voting Shares | 09/21/2026 | RSU Vest | Issuer"

Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.

RSU Vest financial

"Subordinate Voting Shares | 09/21/2026 | RSU Vest | Issuer"

sell-to-cover financial

"September 21, 2026 transactions were sell-to-cover transactions for taxes owed"

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

FAQ

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

What does the Form 144 filing disclose for Lightspeed Commerce Inc. (LSPD)?

It discloses that officer Bhawna Singh filed a Rule 144 notice to sell 15,433 Subordinate Voting Shares of Lightspeed Commerce Inc., related to recently vested RSUs and described as sell-to-cover transactions for taxes owed.

How many Lightspeed Commerce (LSPD) shares are covered by this Rule 144 notice?

The notice covers 15,433 Subordinate Voting Shares. These shares are associated with RSUs that vested on September 21, 2026, and the filing explains that the transactions are intended as sell-to-cover sales for tax obligations linked to that vesting.

What is the context for the shares being sold under Rule 144 for LSPD?

The filing states that September 21, 2026 transactions were sell-to-cover transactions for taxes owed in connection with the recent vesting of RSUs granted by the issuer, Lightspeed Commerce Inc.

How many Lightspeed Commerce (LSPD) shares were outstanding at the stated date?

The notice reports that 129,299,592 Subordinate Voting Shares were outstanding as of July 28, 2026. This figure provides context for the company’s share base and is not the amount being sold under the Form 144 notice.

On what date was the Rule 144 notice for LSPD filed and what exchange lists the shares?

The Rule 144 notice is dated September 21, 2026, and refers to Lightspeed Commerce Inc. Subordinate Voting Shares that are listed on the NYSE.

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

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Available on EDGAR 09/21/2026 - 05:59 PM Accepted by SEC EDGAR 09/21/2026 - 05:59 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002137087
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Lightspeed Commerce Inc.
SEC File Number	001-39498
Address of Issuer	700 SAINT-ANTOINE STREET EAST, SUITE 300 MONTREAL CANADA (FEDERAL LEVEL) H2Y 1A6
Phone	(514) 907-1801
Name of Person for Whose Account the Securities are To Be Sold	Singh Bhawna
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Subordinate Voting Shares	Solium Capital 600 3rd Avenue SW Calgary A0 T2P 0G5	15433	145942.16	129299592	09/21/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Subordinate Voting Shares	09/21/2026	RSU Vest	Issuer			15433	09/21/2026	RSU Vest

* 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

Nothing to Report

144: Remarks and Signature

Remarks	Number of shares outstanding as of July 28, 2026. September 21, 2026 transactions were sell-to-cover transactions for taxes owed related to recent vesting of RSUs granted by the Issuer.
Date of Notice	09/21/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/29/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Bhawna Singh
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)