Lightspeed Commerce (LSPD) officer schedules 855-share RSU sale

Rhea-AI Filing Summary

Lightspeed Commerce Inc. (LSPD) is the issuer of Subordinate Voting Shares covered by a notice filed for the account of officer John R. Shapiro under Rule 144. The notice reports that 855 Subordinate Voting Shares are to be sold in connection with an 08/24/2026 RSU vesting.

As context, the company reports 129,299,592 Subordinate Voting Shares outstanding as of July 28, 2026. During the prior three months, Shapiro completed multiple sell-to-cover transactions to pay taxes on recent RSU vestings, involving several thousand shares across May, June, and August 2026.

Key Figures

Shares to be sold: 855 Subordinate Voting Shares Shares outstanding: 129,299,592 Subordinate Voting Shares Shares sold 05/26/2026: 844 shares +5 more

8 metrics

Shares to be sold 855 Subordinate Voting Shares Securities to be sold on 08/24/2026 in connection with RSU vest

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

Shares sold 05/26/2026 844 shares Subordinate Voting Shares sold on 05/26/2026

Proceeds 05/26/2026 $7,546.46 Amount for 844 shares sold on 05/26/2026

Shares sold 06/08/2026 2,124 shares Subordinate Voting Shares sold on 06/08/2026

Proceeds 06/08/2026 $19,932.47 Amount for 2,124 shares sold on 06/08/2026

Shares sold 06/15/2026 2,601 shares Subordinate Voting Shares sold on 06/15/2026

Proceeds 06/15/2026 $25,885.15 Amount for 2,601 shares sold on 06/15/2026

Key Terms

Rule 144, Subordinate Voting Shares, sell-to-cover transactions, RSUs

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 | Solium Capital 600 3rd Avenue SW Calgary"

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.

sell-to-cover transactions financial

"transactions were sell-to-cover transactions for taxes owed related to recent vestings"

RSUs financial

"related to recent vestings of RSUs granted by the Issuer."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

FAQ

What does the Form 144 filing disclose about LSPD shares to be sold?

The notice states that 855 Subordinate Voting Shares of Lightspeed Commerce Inc. (LSPD) are to be sold in connection with an 08/24/2026 RSU vesting. The sale is reported under Rule 144 for the account of officer John R. Shapiro.

How many LSPD shares were outstanding as of July 28, 2026?

The filing reports that 129,299,592 Subordinate Voting Shares of Lightspeed Commerce Inc. (LSPD) were outstanding as of July 28, 2026. This figure is provided as context and is not the amount being sold under the Form 144 notice.

What prior LSPD share sales by John Shapiro are reported in the last 3 months?

The document lists sales of 844 shares on 05/26/2026, 2,124 shares on 06/08/2026, and 2,601 shares on 06/15/2026 of Lightspeed Commerce Inc. Subordinate Voting Shares, all identified as sell-to-cover transactions for RSU-related taxes.

What were the dollar amounts for John Shapiro’s recent LSPD share sales?

Reported proceeds include $7,546.46 for 844 shares sold on 05/26/2026, $19,932.47 for 2,124 shares sold on 06/08/2026, and $25,885.15 for 2,601 shares sold on 06/15/2026, all involving Lightspeed Commerce Inc. Subordinate Voting Shares.

How does the filing describe the nature of the recent LSPD share transactions?

The remarks state that transactions on May 26, 2026, June 8, 2026, June 15, 2026, and August 24, 2026 were sell-to-cover transactions for taxes owed related to recent vestings of RSUs granted by Lightspeed Commerce Inc.

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

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Available on EDGAR 08/24/2026 - 07:07 PM Accepted by SEC EDGAR 08/24/2026 - 07:07 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	0002014620
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	Shapiro John R
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	855	9050.00	129299592	08/24/2026	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	08/24/2026	RSU Vest	Issuer			855	08/24/2026	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John Shapiro 700 Saint-Antoine Street East Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	05/26/2026	844	7546.46
John Shapiro 700 Saint-Antoine Street East, Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	06/08/2026	2124	19932.47
John Shapiro 700 Saint-Antoine Street East, Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	06/15/2026	2601	25885.15

144: Remarks and Signature

Remarks	Number of shares outstanding as of July 28, 2026. May 26, 2026, June 8, 2026, June 15, 2026 and August 24, 2026 transactions were sell-to-cover transactions for taxes owed related to recent vestings of RSUs granted by the Issuer.
Date of Notice	08/24/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/05/2023
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/ John Shapiro
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)