Insider Sweta Chakraborty files LTBR (NASDAQ: LTBR) Form 144 sale
Rhea-AI Filing Summary
LTBR filed a Form 144 notice for a planned insider sale of 1,245 shares of common stock. The shares are to be sold through Stifel Nicolaus & Company on Nasdaq on 01/06/2026, with an aggregate market value of $19,518.00 and 32,371,338 shares of the same class reported as outstanding.
The securities to be sold were acquired as restricted stock units from the issuer, with 2,897 shares acquired on 12/31/2025 as equity compensation, paid in equity rather than cash. Over the past three months, the seller, Sweta Chakraborty, has sold additional common stock blocks of 1,947, 1,948, 1,948 and 1,246 shares, for gross proceeds of $30,524.00, $30,134.00, $52,069.00 and $28,526.00, respectively.
By signing the notice, the seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does the LTBR Form 144 filing disclose?
The Form 144 filing discloses a planned sale of 1,245 shares of LTBR common stock. The shares are to be sold through Stifel Nicolaus & Company on Nasdaq on 01/06/2026, with an aggregate market value of $19,518.00.
How many LTBR shares are outstanding in this Form 144?
The notice states that the number of shares of the same class of LTBR common stock outstanding is 32,371,338. This figure provides a baseline for understanding the relative size of the planned sale.
How did the insider acquire the LTBR shares being sold?
The securities to be sold are LTBR common shares acquired via restricted stock units from the issuer. The filing reports that 2,897 shares were acquired on 12/31/2025 as equity compensation, with payment made in equity rather than cash.
What LTBR stock sales has the insider made in the past 3 months?
The filing lists recent sales by Sweta Chakraborty of LTBR common stock: 1,947 shares on 01/02/2026 for $30,524.00, 1,948 shares on 12/01/2025 for $30,134.00, 1,948 shares on 11/03/2025 for $52,069.00, and 1,246 shares on 10/08/2025 for $28,526.00.
Who is the seller named in the LTBR Form 144?
The Form 144 identifies Sweta Chakraborty, with an address in Reston, VA, as the person for whose account the LTBR common stock is being sold. The filing also notes that information must cover all persons whose sales must be aggregated under Rule 144.
What representation does the seller make in the LTBR Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, as required under the Form 144 attestation language.