Lightbridge (LTBR) CEO has 13,256 shares withheld for tax obligations
Rhea-AI Filing Summary
Lightbridge Corp President and CEO Seth Grae reported a tax-related share disposition tied to equity compensation. On April 3, 2026, 13,256 shares of Common Stock were withheld at $11.0900 per share to cover taxes upon the vesting of performance-based restricted stock awards. The footnotes state that no shares were sold in the market. After this withholding, Grae directly owned 778,014 Common shares and held fully vested employee stock options covering 7,937 shares at $12.6000 per share expiring on October 26, 2027, and 18,199 shares at $18.4800 per share expiring on November 9, 2026.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on vested awards; no open-market sale.
The filing shows 13,256 Common shares withheld at $11.0900 per share to satisfy tax obligations when performance-based restricted stock vested. Footnotes explicitly clarify that no shares were sold, making this a mechanical tax-withholding event rather than a discretionary market trade.
After the withholding, Seth Grae still holds 778,014 Common shares directly plus vested options on 7,937 shares at $12.6000 expiring on October 26, 2027 and 18,199 shares at $18.4800 expiring on November 9, 2026. This indicates a substantial remaining equity stake, so the overall signal is neutral and compensation-related.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,256 | $11.09 | $147K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Footnotes (2)
- F1. Shares withheld to cover taxes upon the vesting of performance-based restricted stock awards. No shares were sold.
- F2. This option is fully vested as of the date of this report.
Key Figures
Key Terms
performance-based restricted stock awards financial
tax-withholding disposition financial
Employee Stock Option (right to buy) financial
fully vested financial
underlying security financial
AI-generated analysis. How Rhea-AI works. Not financial advice.