Lightbridge (LTBR) Insider Files Form 144 for 17,598-Share Sale

Rhea-AI Filing Summary

Lightbridge Corp (LTBR) filed a Form 144 notifying the SEC of a proposed sale of 17,598 shares of common stock to be executed through Stifel Nicolaus on Nasdaq on 09/22/2025. The filing states the shares were acquired on 08/06/2018 via option exercise and the sale consideration is cash. The filing reports an aggregate market value of $352,659 based on 25,914,533 shares outstanding and indicates there were no securities sold by the person in the past three months. The notice includes the seller's representation that they are unaware of any undisclosed material adverse information about the issuer.

Positive

• Timely and complete Form 144 disclosure including broker, acquisition date, and planned sale date
• Shares were acquired by option exercise, with sale proceeds to be received in cash
• No reported securities sold in the prior three months, indicating this appears to be an isolated sale

Negative

• An insider proposes to sell 17,598 shares, representing a potential reduction in insider ownership
• Filing does not state reliance on a Rule 10b5-1 trading plan, so sale may be ad hoc (no plan date provided)

Insights

Securities Analyst

TL;DR: Insider plans a modest sale of 17,598 shares (about $352.7k) acquired by option exercise in 2018; routine Form 144 disclosure.

The Form 144 documents a proposed sale executed through a broker on Nasdaq, showing the shares were acquired via option exercise and payment will be in cash. The size of the sale relative to the company's total outstanding shares (25.9M) and the stated aggregate value suggests this is not likely to be a materially dilutive or market-moving transaction. The filing includes the standard seller representation regarding lack of undisclosed material adverse information and reports no sales in the prior three months, which supports the view that this is an isolated transaction rather than part of a larger disposal program.

Corporate Governance Expert

TL;DR: Proper procedural disclosure observed; transaction appears routine and compliant with Rule 144 requirements.

The document properly identifies acquisition method (option exercise), planned broker, and projected sale date, aligning with Rule 144 disclosure expectations. Inclusion of the seller's certification about material information and the absence of recent sales reduce procedural risk. There is no indication of a 10b5-1 plan date provided, so the sale may be an ad hoc transaction; the filing does not claim reliance on a trading plan. From a governance standpoint, this Form 144 is a standard insider sale notice without evidence here of unusual timing or volume that would raise immediate red flags.

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
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	17598	352659.00	25914533	09/22/2025	Nasdaq

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 *
Common Stock	08/06/2018	Option Exercise	Issuer			17598	09/22/2025	Cash

* 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

Nothing to Report

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 did the LTBR Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 17,598 common shares through Stifel Nicolaus on Nasdaq on 09/22/2025, with an aggregate market value of $352,659.

How were the LTBR shares being sold originally acquired?

The shares were acquired on 08/06/2018 by option exercise from the issuer.

Will the seller receive cash or non-cash consideration for LTBR shares?

The filing states the nature of payment is cash.

Did the filer report other LTBR sales in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Does the filing indicate reliance on a Rule 10b5-1 trading plan?

No plan adoption date or explicit reliance on Rule 10b5-1 is provided in the filing.