Lightbridge Corp (LTBR) director receives 10,000 restricted stock awards
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 Trade Summary
Net Buyer: 10,000 shares
Net Buy
4 txns
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)
- 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.
- F2. This option is fully vested as of the date of this report.
Key Figures
Restricted stock awards granted: 10,000 shares
Direct common shares after grant: 54,686 shares
Option at $3.82: 1,191 underlying shares
+2 more
5 metrics
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
Key Terms
restricted stock awards (RSAs), semi-annual installments, employee stock option (right to buy)
3 terms
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.
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.
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.