Lightspeed officer plans sale of 3,048 shares

An officer of Lightspeed Commerce Inc. files a Rule 144 notice to sell 3,048 Subordinate Voting Shares tied to RSU vesting, alongside prior small sell-to-cover sales.

Rhea-AI Filing Summary

Lightspeed Commerce Inc. (LSPD) is the issuer for a planned sale of 3,048 Subordinate Voting Shares on September 14, 2026 in connection with a restricted stock unit (RSU) vesting for the account of officer John R. Shapiro, with trades to be executed through Solium Capital.

The company reports that 129,299,592 Subordinate Voting Shares were outstanding as of July 28, 2026; this is a baseline figure, not the amount being sold. The notice also lists recent RSU-related sell-to-cover transactions by John Shapiro in June, August, and September 2026.

Key Figures

Planned shares to be sold: 3,048 Subordinate Voting Shares Aggregate market value of planned sale: $30,646.73 Shares outstanding: 129,299,592 Subordinate Voting Shares +5 more

8 metrics

Planned shares to be sold 3,048 Subordinate Voting Shares Proposed Rule 144 sale on September 14, 2026 related to RSU vest

Aggregate market value of planned sale $30,646.73 Proposed sale of 3,048 Subordinate Voting Shares through Solium Capital

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

Shares sold June 15, 2026 2,601 Subordinate Voting Shares RSU-related sell-to-cover transaction by John Shapiro

Proceeds June 15, 2026 $25,885.15 Sale of 2,601 Subordinate Voting Shares

Shares sold August 24, 2026 855 Subordinate Voting Shares RSU-related sell-to-cover transaction by John Shapiro

Proceeds August 24, 2026 $9,050.00 Sale of 855 Subordinate Voting Shares

Shares sold September 8, 2026 2,122 Subordinate Voting Shares RSU-related sell-to-cover transaction by John Shapiro

Key Terms

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

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.

RSU Vest financial

"Subordinate Voting Shares | 09/14/2026 | RSU Vest | Issuer"

sell-to-cover transactions financial

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

FAQ

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

What is Lightspeed Commerce Inc. (LSPD) disclosing in this Form 144?

The filing discloses a planned sale of 3,048 Subordinate Voting Shares of Lightspeed Commerce Inc. for officer John R. Shapiro under Rule 144, related to RSU vesting, along with a summary of small RSU-related sell-to-cover sales in the prior three months.

How many LSPD shares does the Form 144 indicate are planned to be sold?

The notice covers a proposed sale of 3,048 Subordinate Voting Shares of Lightspeed Commerce Inc., expected on September 14, 2026, in connection with an RSU vest for officer John R. Shapiro.

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

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

What LSPD share sales by John Shapiro occurred in the past three months?

The filing lists RSU-related sell-to-cover transactions of 2,601 shares on June 15, 2026, 855 shares on August 24, 2026, and 2,122 shares on September 8, 2026, all in Subordinate Voting Shares of Lightspeed Commerce Inc.

What does the Form 144 say about the nature of John Shapiro’s LSPD sales?

The Form 144 states that the June 15, August 24, September 8, and September 14, 2026 transactions are sell-to-cover transactions for taxes owed related to recent RSU vestings granted by Lightspeed Commerce Inc.

Through which broker are the LSPD shares expected to be sold?

The Form 144 lists Solium Capital, located in Calgary, as the broker for the 3,048 Subordinate Voting Shares of Lightspeed Commerce Inc. expected to be sold on September 14, 2026 on the NYSE.

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

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Available on EDGAR 09/14/2026 - 07:10 PM Accepted by SEC EDGAR 09/14/2026 - 07:09 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	3048	30646.73	129299592	09/14/2026	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	09/14/2026	RSU Vest	Issuer			3048	09/14/2026	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	06/15/2026	2601	25885.15
John Shapiro 700 Saint-Antoine Street East, Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	08/24/2026	855	9050.00
John Shapiro 700 Saint-Antoine Street East, Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	09/08/2026	2122	21461.06

144: Remarks and Signature

Remarks	Number of shares outstanding as of July 28, 2026. June 15, 2026, August 24, 2026, September 8, 2026 and September 14, 2026 transactions were sell-to-cover transactions for taxes owed related to recent vestings of RSUs granted by the Issuer.
Date of Notice	09/14/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/13/2025
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)