LTBR Form 4: Director Chakraborty Sells 1,948 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Sweta Chakraborty, a director of Lightbridge Corporation (LTBR), reported the sale of 1,948 shares of common stock on 08/20/2025. The sale was executed under a Rule 10b5-1 trading plan adopted May 21, 2025. The filing reports a weighted-average sale price of $13.79, with individual trade prices ranging from $13.72 to $13.87. After the reported transactions, the reporting person beneficially owned 30,590 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/21/2025 and indicates the filing was made by a single reporting person.
Positive
- Transaction executed under a Rule 10b5-1 trading plan adopted May 21, 2025
- Weighted-average price and trade range disclosed ($13.79; $13.72–$13.87)
- Post-transaction beneficial ownership clearly reported (30,590 shares)
- Form 4 signed and filed by a single reporting person; attorney-in-fact signature included
Negative
- None.
Insights
TL;DR: Routine, pre-established insider sale under a 10b5-1 plan; transaction disclosed as required.
The reported sale of 1,948 shares at a weighted-average price of $13.79 was executed pursuant to a Rule 10b5-1 plan adopted May 21, 2025, which typically indicates pre-scheduled disposition rather than opportunistic trading. The filing shows the reporting person remains a significant shareholder with 30,590 shares post-transaction. From a market-impact perspective, the Form 4 provides transparent pricing ranges and a clear post-sale ownership figure, enabling investors to update insider-holding datasets accurately.
TL;DR: Disclosure aligns with governance best practices; sale executed under a documented trading plan.
The Form 4 discloses that the sale was made under a Rule 10b5-1 trading plan adopted May 21, 2025, and provides weighted-average and per-trade price ranges, supporting compliance with SEC reporting obligations. The signature by an attorney-in-fact is included, and the filing is by one reporting person. The facts presented indicate procedural adherence to insider-trading policy and timely public disclosure, without additional governance flags in the document itself.