Lightbridge (NASDAQ: LTBR) CTO’s 3,833-share tax move isn’t a market sale
Rhea-AI Filing Summary
LIGHTBRIDGE Corp (LTBR) reported insider transactions by Scott Randall Holcombe, its SVP & Chief Technology Officer. On 2026-08-28, a total of 3,833 shares of common stock were withheld at $7.55 per share to cover taxes upon vesting of restricted stock awards, and the footnote states that no shares were sold in the market. After these tax-withholding dispositions, Holcombe held 312,717 shares directly and 9,153 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,833 shares
Net Sell
2 txns
Insider
Holcombe Scott Randall
Role
SVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,730 | $7.55 | $28K |
| Tax Withholding | Common Stock F1 | 103 | $7.55 | $777.65 |
Holdings After Transaction:
Common Stock — 312,717 shares (Direct);
Common Stock — 9,153 shares (Indirect, By spouse)
Footnotes (1)
- F1. Shares withheld to cover taxes upon vesting of restricted stock awards. No shares were sold.
Key Figures
Shares withheld for taxes (direct): 3,730 shares
Shares withheld for taxes (indirect by spouse): 103 shares
Total shares withheld for taxes: 3,833 shares
+3 more
6 metrics
Shares withheld for taxes (direct)
3,730 shares
Common Stock withheld on 2026-08-28 for tax liability, direct holding
Shares withheld for taxes (indirect by spouse)
103 shares
Common Stock withheld on 2026-08-28 for tax liability, indirect holding by spouse
Total shares withheld for taxes
3,833 shares
Exercise price or tax liability-related dispositions (code F) on 2026-08-28
Tax-withholding reference price
$7.55 per share
Applied to both tax-withholding transactions on 2026-08-28
Direct holdings after transaction
312,717 shares
Direct LTBR Common Stock held by Holcombe after 2026-08-28 transactions
Indirect holdings after transaction (spouse)
9,153 shares
Indirect LTBR Common Stock held by spouse after 2026-08-28 transactions
Key Terms
restricted stock awards, withheld to cover taxes, indirect, transaction code F
4 terms
restricted stock awards financial
"Shares withheld to cover taxes upon vesting of restricted stock awards."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
withheld to cover taxes financial
"Shares withheld to cover taxes upon vesting of restricted stock awards."
indirect financial
"Indirect ownership noted as "By spouse" for certain shares."
transaction code F financial
"Transaction code F indicates payment of tax liability by delivering or withholding securities."
FAQ
What insider transaction did LTBR executive Scott Randall Holcombe report?
Scott Randall Holcombe reported that 3,833 LTBR common shares were withheld on 2026-08-28 at $7.55 per share to cover taxes upon vesting of restricted stock awards. A filing footnote specifies that no shares were sold in the open market.
What are Scott Randall Holcombe’s LTBR holdings after these transactions?
Following the 2026-08-28 tax-withholding transactions, Scott Randall Holcombe directly held 312,717 LTBR shares and indirectly held 9,153 shares through his spouse, as reported in the Form 4.
What does transaction code F mean in the LTBR Form 4 filing?
Transaction code F in the LTBR Form 4 indicates payment of tax liability by delivering or withholding securities. The filing’s footnote clarifies that shares were withheld upon vesting of restricted stock awards and that no open-market sales occurred.
AI-generated analysis. How Rhea-AI works. Not financial advice.