LTBR insider sale: 1,448 shares sold under 10b5-1 plan at $22.67

Rhea-AI Filing Summary

Lightbridge Corporation director Jesse L. Funches reported a sale of 1,448 shares of common stock under a Rule 10b5-1 plan on 10/07/2025. The shares were sold at a weighted average price of $22.67 per share in two transactions, and the filing shows the reporting person retains 64,840 shares after the sale. The Form 4 notes the 10b5-1 plan was adopted on 05/14/2025 and that the reported sale prices were $22.6687 and $22.68, with the filer offering to provide per-transaction details on request.

This is a routine disclosure of insider selling under an adopted trading plan rather than an ad hoc sale; it notifies investors of a modest reduction in an insider’s direct holdings while preserving transparency about execution price and plan adoption date.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating pre-scheduled transactions and reduced appearance of opportunistic trading
• Reporting person retains 64,840 shares, showing continued insider ownership and alignment with shareholders
• Full weighted-average price disclosed with offer to provide per-transaction prices on request, supporting transparency

Negative

• None.

Insights

Corporate Governance Analyst

Director sold a small portion of holdings via a pre-established 10b5-1 plan.

The sale of 1,448 shares at a weighted average of $22.67 was executed under a Rule 10b5-1 trading plan adopted on 05/14/2025, which indicates the transactions were pre-scheduled rather than opportunistic insider trades. Retaining 64,840 shares suggests the director remains a meaningful shareholder.

Risks are procedural and disclosure-focused: investors should note the plan date and may request granular execution data if needed. No additional material events or derivative transactions are reported; expect routine monitoring of future Form 4 filings within typical reporting windows.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Funches Jesse L.

(Last) (First) (Middle)

C/O LIGHTBRIDGE CORPORATION

11710 PLAZA AMERICA DRIVE, SUITE 2000

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIGHTBRIDGE Corp [ LTBR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/07/2025		S		1,448(1)	D	$22.67(2)	64,840	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sale of 1,448 shares of common stock was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at prices of $22.6687 and $22.68. The reporting person undertakes to provide to Lightbridge Corporation, any security holder of Lightbridge Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

	/s/ Jesse L. Funches	10/07/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did LTBR director Jesse L. Funches report on the Form 4?

He reported the sale of 1,448 shares of Lightbridge common stock on 10/07/2025 under a Rule 10b5-1 plan.

At what price were the LTBR shares sold?

The weighted average sale price was $22.67, with reported execution prices of $22.6687 and $22.68.

How many LTBR shares does Jesse L. Funches own after the sale?

The Form 4 shows he beneficially owns 64,840 shares following the reported transactions.

Was the sale part of a pre-existing trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 05/14/2025.

Can investors get details of each transaction price?

Yes. The reporting person will provide full information regarding the number of shares sold at each separate price upon request to the company or the SEC staff.