LTBR Form 144: 60,512 Shares, $1.56M Sale on Nasdaq
Rhea-AI Filing Summary
Lightbridge Corp (LTBR) filed a Form 144 reporting a proposed sale of 60,512 shares of common stock through Stifel Nicolaus & Company Inc. on the Nasdaq with an aggregate market value of
The filer indicates no securities sold in the past three months and includes the standard representation about material nonpublic information and Rule 10b5-1 plan disclosure. The notice is procedural and shows a planned sale of a small portion of outstanding stock through a broker on a listed exchange.
Positive
- Transaction routed through a major broker (Stifel Nicolaus) and listed on Nasdaq
- Acquisition and payment details provided (option exercises in 2017 and 2018; cash payment on
05/28/2025 ) - No securities sold in the past three months was reported
Negative
- Planned sale equals
0.23% of outstanding shares, which may modestly increase available free float - No named seller disclosed in filing text, limiting clarity on insider/affiliate status
Insights
Planned brokered sale equals minor free‑float change; monitor execution timing.
The filing documents a proposed sale of 60,512 common shares via Stifel Nicolaus on
Execution risk is timing and market liquidity; the transaction is routed to Nasdaq through a broker which reduces execution uncertainty. Watch trade completion and any subsequent Form 4 or amendments over days following
Disclosure follows Rule 144 mechanics; no past three‑month sales were reported.
The filer affirms there were no reported sales in the prior three months and provides acquisition dates and payment method for the shares being sold, consistent with Rule 144 requirements.
If a trading plan under Rule 10b5-1 exists, its adoption date should be disclosed; absence of a date means the representation is made at notice signing and investors should check for any later plan disclosure.