Lightspeed officer plans sale of 2,122 shares

Lightspeed Commerce Inc. (LSPD) was named as the issuer in a notice that officer John R. Shapiro intends to resell 2,122 subordinate voting shares under Rule 144.

Rhea-AI Filing Summary

Lightspeed Commerce Inc. (LSPD) was named as the issuer in a notice that officer John R. Shapiro intends to resell 2,122 subordinate voting shares under Rule 144. The shares relate to an RSU vesting on September 8, 2026 and are described as a sell-to-cover transaction for taxes.

In the prior three months, Shapiro reported Rule 144 sales of 2,124 shares on June 8, 2026, 2,601 shares on June 15, 2026, and 855 shares on August 24, 2026, all tied to recent RSU vestings. Lightspeed Commerce Inc. reported 129,299,592 shares outstanding as of July 28, 2026; this is a baseline figure, not the amount being offered.

Key Figures

Planned shares to be sold: 2,122 shares Planned aggregate market value: $21,461.06 Shares sold June 8, 2026: 2,124 shares +3 more

6 metrics

Planned shares to be sold 2,122 shares Subordinate voting shares tied to RSU vesting on September 8, 2026 under Rule 144

Planned aggregate market value $21,461.06 Aggregate market value of 2,122 subordinate voting shares to be sold

Shares sold June 8, 2026 2,124 shares Subordinate voting shares sold in a sell-to-cover RSU-related transaction

Shares sold June 15, 2026 2,601 shares Subordinate voting shares sold in a sell-to-cover RSU-related transaction

Shares sold August 24, 2026 855 shares Subordinate voting shares sold in a sell-to-cover RSU-related transaction

Shares outstanding 129,299,592 shares Lightspeed Commerce Inc. shares outstanding as of July 28, 2026

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 | 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 | 09/08/2026 | RSU Vest | Issuer"

sell-to-cover financial

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

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

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

It discloses that officer John R. Shapiro intends to resell 2,122 subordinate voting shares of Lightspeed Commerce Inc. under Rule 144, in connection with an RSU vesting on September 8, 2026, characterized as a sell-to-cover transaction for taxes.

How many Lightspeed (LSPD) shares is John R. Shapiro planning to sell?

The notice states an intended sale of 2,122 subordinate voting shares of Lightspeed Commerce Inc. These shares are associated with an RSU vest dated September 8, 2026 and are described as part of a sell-to-cover arrangement for tax obligations.

What Lightspeed (LSPD) share sales has John R. Shapiro reported in the last 3 months?

He reported sales of 2,124 shares on June 8, 2026, 2,601 shares on June 15, 2026, and 855 shares on August 24, 2026. The remarks state these were sell-to-cover transactions for taxes tied to recent RSU vestings.

What were the approximate aggregate values of John R. Shapiro’s recent LSPD share sales?

The filing lists aggregate values of $19,932.47 for 2,124 shares on June 8, 2026, $25,885.15 for 2,601 shares on June 15, 2026, and $9,050.00 for 855 shares on August 24, 2026, in subordinate voting shares of Lightspeed Commerce Inc.

How many Lightspeed (LSPD) shares are outstanding according to this notice?

The remarks state that the number of shares outstanding of Lightspeed Commerce Inc. was 129,299,592 as of July 28, 2026. This figure provides context on the company’s equity base rather than the amount intended for resale.

What is the planned value of the 2,122 LSPD shares to be sold under Rule 144?

For the 2,122 subordinate voting shares tied to the September 8, 2026 RSU vest, the filing shows an aggregate market value of $21,461.06, with trading venue indicated as the NYSE for Lightspeed Commerce Inc. shares.

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

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Available on EDGAR 09/08/2026 - 04:23 PM Accepted by SEC EDGAR 09/08/2026 - 04:23 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	2122	21461.06	129299592	09/08/2026	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	09/08/2026	RSU Vest	Issuer			2122	09/08/2026	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	06/08/2026	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
John Shapiro 700 Saint-Antoine Street East, Suite 300 Montreal A8 H2Y 1A6	Subordinate Voting Shares	08/24/2026	855	9050.00

144: Remarks and Signature

Remarks	Number of shares outstanding as of July 28, 2026. June 8, 2026, June 15, 2026, August 24, 2026 and September 8, 2026 transactions were sell-to-cover transactions for taxes owed related to recent vestings of RSUs granted by the Issuer.
Date of Notice	09/08/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/12/2024
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)