STOCK TITAN

973,502-share sale planned by LTH (NYSE: LTH) via Morgan Stanley broker

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LTH reported an intended sale of 973,502 shares of Common Stock via a Form 144 notice. The shares were acquired on 10/12/2021 either from the issuer or upon automatic conversion of Preferred Stock, and the filing references $2,662,949.94 and a numeric identifier 222,602,738.

The sale is listed with Morgan Stanley & Co. LLC as broker and references the NYSE with a filing date entry of 05/07/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies the market of a planned resale by an affiliate or control person.

Form 144 is a regulatory notice required when certain insiders or affiliates propose to sell restricted or control securities in reliance on Rule 144. The filing lists 973,502 shares and shows a broker, which is standard procedural detail for resales.

Because this is a notice of proposed sale rather than a completed sale, actual market impact depends on whether and when the shares are sold; subsequent filings (Form 4 or sales reported by the broker) would confirm execution.

The notice ties the shares to earlier acquisition/automatic conversion on 10/12/2021.

The filing explicitly states the shares were acquired on 10/12/2021 either directly from the issuer or via automatic conversion of Preferred Stock, which affects Rule 144 holding-period considerations. The broker is named as Morgan Stanley & Co. LLC.

Timing and proceeds treatment are not detailed here; execution and any price information would appear in subsequent transaction reports.

Shares proposed to be sold 973,502 shares Securities To Be Sold section
Dollar figure shown $2,662,949.94 Filer information numeric entry
Numeric identifier 222,602,738 Filer information numeric entry
Acquisition date 10/12/2021 Shares originally acquired on this date
Filing date entry 05/07/2026 Date listed with NYSE in header
Form 144 regulatory
"Securities To Be Sold / Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
automatic conversion financial
"automatic conversion of shares of Preferred Stock into shares of Common Stock"
broker market
"Morgan Stanley & Co. LLC 1585 Broadway New York NY 10036"
Rule 144 (implied) regulatory
"Form 144 notice of proposed resale under resale rules"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does LTH's Form 144 report?

The filing reports a proposed resale of 973,502 shares of common stock, acquired on 10/12/2021 by purchase or automatic conversion, with Morgan Stanley listed as broker.

Does the Form 144 mean the shares have already been sold?

No. Form 144 notifies the SEC of an intended sale; it does not confirm execution. Actual sales and prices would be reported later if and when transactions occur.

What acquisition information does the filing provide for the shares?

The filing states the shares were acquired on 10/12/2021 either from the issuer or upon automatic conversion of preferred shares, which may affect resale rule considerations.

Who is the broker handling the proposed sale in the filing?

The filing names Morgan Stanley & Co. LLC as the broker associated with the securities to be sold, listed with an address at 1585 Broadway, New York, NY.

Are proceeds or price details included in the Form 144 excerpt?

The excerpt lists $2,662,949.94 as a numeric amount but does not provide explicit per‑share price or definitive proceeds treatment for the proposed sale.