Lightbridge (LTBR) CFO covers tax bill with 9,013 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LIGHTBRIDGE Corp CFO Larry Goldman reported a routine tax-related share disposition. On the vesting of performance-based restricted stock awards, 9,013 shares of common stock were withheld to cover taxes at an indicated value of $11.09 per share, and no shares were sold in the market. After this withholding, Goldman directly holds 319,827 shares of common stock. He also holds a fully vested employee stock option for 4,469 shares of common stock at an exercise price of $18.48 per share, expiring on November 9, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GOLDMAN LARRY
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,013 | $11.09 | $100K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 319,827 shares (Direct);
Employee Stock Option (right to buy) — 4,469 shares (Direct)
Footnotes (1)
- Shares withheld to cover taxes upon the vesting of performance-based restricted stock awards. No shares were sold. This option is fully vested as of the date of this report.
Key Figures
Tax-withheld shares: 9,013 shares
Implied tax value per share: $11.09 per share
Common shares held after transaction: 319,827 shares
+3 more
6 metrics
Tax-withheld shares
9,013 shares
Shares withheld to cover taxes on vested performance-based restricted stock awards
Implied tax value per share
$11.09 per share
Value applied to 9,013 tax-withheld shares of common stock
Common shares held after transaction
319,827 shares
Direct holdings of CFO Larry Goldman following tax withholding
Outstanding option underlying shares
4,469 shares
Underlying common shares for fully vested employee stock option
Option exercise price
$18.48 per share
Exercise price of remaining employee stock option held by CFO
Option expiration date
November 9, 2026
Expiration of fully vested employee stock option
Key Terms
performance-based restricted stock awards, tax-withholding disposition, Employee Stock Option (right to buy), fully vested
4 terms
performance-based restricted stock awards financial
"Shares withheld to cover taxes upon the vesting of performance-based restricted stock awards."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Option (right to buy) financial
"security_title": "Employee Stock Option (right to buy)""
fully vested financial
"This option is fully vested as of the date of this report."
FAQ
What insider transaction did LIGHTBRIDGE (LTBR) CFO Larry Goldman report?
Larry Goldman reported a tax-withholding disposition where 9,013 LIGHTBRIDGE common shares were withheld to cover taxes on vested performance-based restricted stock awards. No shares were sold in the open market; this is a routine, compensation-related event.
What stock options does the LIGHTBRIDGE (LTBR) CFO still have outstanding?
Larry Goldman holds a fully vested employee stock option for 4,469 shares of LIGHTBRIDGE common stock. The option has an exercise price of $18.48 per share and an expiration date of November 9, 2026, providing additional potential equity exposure.