LTH (NYSE: LTH) files Form 144 disclosing 261,364-share sale via Morgan Stanley
Rhea-AI Filing Summary
LTH filed a Form 144 reporting a proposed sale of 261,364 shares of its Common Stock (par value $0.01 per share). The filing names Morgan Stanley & Co. LLC as broker and states the shares were acquired from the issuer or by automatic conversion of preferred stock into common stock. The filing references the NYSE and carries a date of 05/07/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of an affiliate's planned sale under Rule 144.
Form 144 is a notice of an affiliate or control person's intention to sell restricted or control shares; it does not itself execute sales. The filing here lists 261,364 shares and a broker, consistent with a routine Rule 144 notice.
Key dependencies include holding periods and volume limitations under Rule 144; the filing states the shares were acquired from the issuer or via automatic conversion. Subsequent public trades, settlement details, and compliance with volume tests are not shown in the provided excerpt.