John Shapiro files Form 144 to sell LSPD shares (LSPD)

Rhea-AI Filing Summary

LSPD reports a Form 144 notice of proposed sale by John Shapiro. The filing lists proposed or recent dispositions of Subordinate Voting Shares tied to RSU vesting on 06/15/2026. It shows specific transactions of 3,057, 844, and 2,124 shares and a total outstanding share count of 137,786,012 as of 06/15/2026.

Insights

Corporate Governance Expert

Notice shows executive dispositions following RSU vesting; sizes are routine versus company outstanding shares.

The filing lists three reported transactions: 3,057, 844, and 2,124 Subordinate Voting Shares tied to RSU vesting on 06/15/2026. These appear as proposed or recent sales on a Form 144 notice.

Given the 137,786,012 shares outstanding cited, the transactions represent a de minimis fraction of outstanding stock. Subsequent filings will show whether sales were executed and the final cash‑flow treatment.

Key Figures

Shares outstanding: 137,786,012 shares Transaction 1: 3,057 shares Transaction 2: 844 shares +2 more

5 metrics

Shares outstanding 137,786,012 shares as of 06/15/2026

Transaction 1 3,057 shares dated 03/16/2026

Transaction 2 844 shares dated 05/26/2026

Transaction 3 2,124 shares dated 06/08/2026

RSU vesting date 06/15/2026 source listed as RSU Vest

Key Terms

Form 144, RSU Vest, Subordinate Voting Shares

3 terms

Form 144 regulatory

"Form 144 notice of proposed sale by John Shapiro"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

RSU Vest financial

"Source of shares shown as RSU Vest on 06/15/2026"

Subordinate Voting Shares financial

"Security type listed as Subordinate Voting Shares"

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.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	2601	25885.15	137786012	06/15/2026	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	06/15/2026	RSU Vest	Issuer			2601	06/15/2026	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	03/16/2026	3057	27120.18
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

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LSPD's Form 144 filed by John Shapiro mean?

It is a notice of proposed sale of shares filed under SEC rules. The form lists intended or recent dispositions of Subordinate Voting Shares tied to RSU vesting on 06/15/2026, including specific share counts.

How many shares does John Shapiro propose to sell in the Form 144?

The filing lists proposed or recent dispositions of 3,057, 844, and 2,124 shares. These counts are shown in the Form 144 entries as transactions dated in 03/16/2026, 05/26/2026, and 06/08/2026.

Are the reported sales large relative to LSPD's outstanding shares?

No; the filing shows 137,786,012 shares outstanding as of 06/15/2026, so the reported transactions are a very small fraction of total shares outstanding.

Why are RSU vests mentioned in the Form 144?

The Form 144 entries indicate the source of the shares as RSU Vest, meaning restricted stock units vested on 06/15/2026, producing shares that may be sold under Rule 144 notice procedures.

Does this Form 144 confirm the sales were completed?

No; Form 144 is a notice of proposed sale and shows intended or recent dispositions. Execution and final cash proceeds require subsequent trading records or issuer disclosures to confirm.