STOCK TITAN

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

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lightbridge Corp director Jesse L. Funches reported acquiring 10,000 shares of Common Stock through a grant of restricted stock awards at $0.00 per share. These RSAs vest in six equal semi-annual installments over a three-year period, contingent on his continued service, bringing his direct holdings to 84,022 shares.

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Insider Funches Jesse L.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 10,000 $0.00 $0.00
Holdings After Transaction: Common Stock — 84,022 shares (Direct)
Footnotes (1)
  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.
Restricted stock award grant 10,000 shares Common Stock RSAs granted to Jesse L. Funches
Grant price $0.00 per share Reported transaction price for the RSAs
Holdings after transaction 84,022 shares Common Stock directly owned following the grant
Vesting installments 6 installments RSAs vest in six equal semi-annual installments
Vesting period 3 years RSAs vest over a three-year period, contingent on continued service
restricted stock awards (RSAs) financial
"Represents a grant of restricted stock awards (RSAs). These RSAs vest"
semi-annual installments financial
"These RSAs vest in six equal semi-annual installments over a three-year"
continued service financial
"contingent on the reporting person's continued service on each such vesting date"

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

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FAQ

What transaction did Jesse L. Funches report for Lightbridge (LTBR)?

Jesse L. Funches reported acquiring 10,000 shares of Lightbridge Common Stock via a grant of restricted stock awards. The grant carried a reported price of $0.00 per share and increased his directly held position to 84,022 shares of Common Stock.

How do the new restricted stock awards for LTBR vest?

The 10,000 restricted stock awards (RSAs) vest in six equal semi-annual installments over a three-year period. Vesting on each date is contingent on continued service by Jesse L. Funches with Lightbridge, aligning share delivery with his ongoing board tenure.

What are Jesse L. Funches’ total LTBR holdings after this Form 4?

Following the grant, Jesse L. Funches directly owns 84,022 shares of Lightbridge Common Stock. This figure reflects the addition of 10,000 RSAs reported in the filing and represents his post-transaction direct beneficial ownership position as disclosed.

Was the LTBR transaction a market purchase or a stock award?

The LTBR transaction was reported as a grant of restricted stock awards, not an open-market purchase. The filing shows 10,000 shares acquired at a stated price of $0.00 per share, indicating an equity award rather than a cash-funded buy.

What conditions affect vesting of the LTBR restricted stock awards?

The 10,000 RSAs vest only if Jesse L. Funches maintains continued service on each vesting date. They are scheduled to vest in six equal semi-annual tranches over three years, so leaving service early could prevent some installments from vesting.
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*
Funches Jesse L.

(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$084,022D
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
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.
/s/ Larry Goldman, Attorney-in-Fact for Jesse L. Funches08/07/2026
** 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)