STOCK TITAN

Lightbridge Corp (LTBR) director receives 10,000 restricted stock awards

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MAGRAW DANIEL B reported acquisition or exercise transactions in this Form 4 filing.

Lightbridge Corp director Daniel B. Magraw received a grant of 10,000 restricted stock awards (RSAs) of common stock on 2026-08-06. These RSAs vest in six equal semi-annual installments over three years, starting on the first semi-annual anniversary of the grant date, contingent on his continued board service.

After this equity award, he directly owns 54,686 common shares. He also holds fully vested employee stock options to buy 1,191 shares at $3.82 expiring 2029-12-02, 4,371 shares at $10.80 expiring 2028-08-06, and 3,686 shares at $12.60 expiring 2027-10-26.

Positive

  • None.

Negative

  • None.
Insider MAGRAW DANIEL B
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 10,000 $0.00 $0.00
holding Employee Stock Option (right to buy) F2 -- -- --
holding Employee Stock Option (right to buy) F2 -- -- --
holding Employee Stock Option (right to buy) F2 -- -- --
Holdings After Transaction: Common Stock — 54,686 shares (Direct); Employee Stock Option (right to buy) — 9,248 shares (Direct)
Footnotes (2)
  1. F1. Represents a grant of restricted stock awards (RSAs). These RSAs vest in six equal semi-annual installments over a three-year period, starting on the first semi-annual anniversary of the grant date, contingent on the reporting person's continued service on each such vesting date.
  2. F2. This option is fully vested as of the date of this report.
Restricted stock awards granted 10,000 shares Grant of RSAs of Common Stock to director on 2026-08-06
Direct common shares after grant 54,686 shares Direct ownership of Common Stock following the reported RSA grant
Option at $3.82 1,191 underlying shares Fully vested employee stock option, exercise price $3.8200, expiring 2029-12-02
Option at $10.80 4,371 underlying shares Fully vested employee stock option, exercise price $10.8000, expiring 2028-08-06
Option at $12.60 3,686 underlying shares Fully vested employee stock option, exercise price $12.6000, expiring 2027-10-26
restricted stock awards (RSAs) financial
"Represents a grant of restricted stock awards (RSAs). These RSAs vest in six equal semi-annual"
semi-annual installments financial
"These RSAs vest in six equal semi-annual installments over a three-year period"
employee stock option (right to buy) financial
"Employee Stock Option (right to buy) with an exercise price and specified expiration date"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did LTBR director Daniel B. Magraw report in this Form 4?

Director Daniel B. Magraw reported receiving a grant of 10,000 restricted stock awards of Lightbridge Corp common stock. The filing also updates his direct share holdings and lists several fully vested stock option positions with specified exercise prices and expiration dates.

How many Lightbridge Corp (LTBR) shares does Daniel B. Magraw own after the grant?

After the reported grant, Daniel B. Magraw directly owns 54,686 shares of Lightbridge Corp common stock. In addition, he holds fully vested stock options covering 1,191, 4,371, and 3,686 underlying shares at various exercise prices and expiration dates.

What are the vesting terms of the 10,000 RSAs reported for LTBR?

The 10,000 restricted stock awards (RSAs) vest in six equal semi-annual installments over a three-year period. Vesting begins on the first semi-annual anniversary of the grant date and is contingent on Daniel B. Magraw’s continued service on the Lightbridge Corp board.

What stock options in LTBR does Daniel B. Magraw hold according to this filing?

He holds fully vested employee stock options to purchase 1,191 LTBR shares at $3.82, 4,371 shares at $10.80, and 3,686 shares at $12.60. These options expire in 2029, 2028, and 2027, respectively.

Are the LTBR stock options reported for Daniel B. Magraw vested?

Yes. A footnote states that each reported option is fully vested as of the date of the report. The filing lists three fully vested employee stock option positions, each with its own exercise price, expiration date, and number of underlying Lightbridge Corp common shares.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MAGRAW DANIEL B

(Last)(First)(Middle)
C/O LIGHTBRIDGE CORPORATION
11710 PLAZA AMERICA DRIVE, SUITE 2000

(Street)
RESTON VIRGINIA 20190

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LIGHTBRIDGE Corp [ LTBR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/06/2026A(1)10,000A$054,686D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$3.82 (2)12/02/2029Common Stock1,1911,191D
Employee Stock Option (right to buy)$10.8 (2)08/06/2028Common Stock4,3714,371D
Employee Stock Option (right to buy)$12.6 (2)10/26/2027Common Stock3,6863,686D
Explanation of Responses:
1. Represents a grant of restricted stock awards (RSAs). These RSAs vest in six equal semi-annual installments over a three-year period, starting on the first semi-annual anniversary of the grant date, contingent on the reporting person's continued service on each such vesting date.
2. This option is fully vested as of the date of this report.
/s/ Daniel B. Magraw08/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)