Lightbridge Corp (LTBR) CEO details tax withholding share update in SEC filing
Rhea-AI Filing Summary
Lightbridge Corporation President and CEO Seth Grae reported a tax‑withholding transaction involving 12,993 shares of common stock on December 15, 2025. The shares were withheld to cover taxes due upon the vesting of restricted stock awards, and the company notes that no shares were sold in the market.
After this transaction, Grae directly beneficially owns 791,270 shares of Lightbridge common stock. He also holds fully vested employee stock options to purchase 7,937 shares at an exercise price of $12.60 per share expiring on October 26, 2027, and options for 18,199 shares at an exercise price of $18.48 per share expiring on November 9, 2026.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Lightbridge (LTBR) CEO Seth Grae report on December 15, 2025?
On December 15, 2025, Seth Grae had 12,993 shares of Lightbridge common stock withheld to cover taxes upon the vesting of restricted stock awards.
How many Lightbridge (LTBR) shares does CEO Seth Grae own after this Form 4 transaction?
Following the reported transaction, Seth Grae directly beneficially owns 791,270 shares of Lightbridge common stock.
Were any Lightbridge (LTBR) shares sold in Seth Graes latest Form 4 filing?
No. The filing explains that the 12,993 shares were withheld to cover taxes when restricted stock awards vested, and that no shares were sold.
What stock options in Lightbridge (LTBR) does CEO Seth Grae hold?
Seth Grae holds fully vested employee stock options to buy 7,937 shares at $12.60 per share expiring on October 26, 2027, and 18,199 shares at $18.48 per share expiring on November 9, 2026.
Why were 12,993 Lightbridge (LTBR) shares withheld from Seth Grae?
The 12,993 shares were withheld to cover taxes due upon the vesting of restricted stock awards granted to Seth Grae.