STOCK TITAN

LGP Associates to sell 97,678 LTH shares via J.P. Morgan (NYSE: LTH)

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

Rhea-AI Filing Summary

LGP Associates VI-A LLC filed a Form 144 reporting proposed sales of 97,678 shares of the issuer's common stock (par value $0.01) of LTH. The notice lists the shares as originally acquired from the issuer or via automatic conversion of preferred stock, with sales to be effected through J.P. Morgan Securities LLC.

The filing also discloses a completed sale of 8,301 shares on 05/07/2026 for $261,149.46. The Form identifies the exchange as NYSE and includes a filing date of 05/21/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 signals a holder-initiated resale of listed common shares through a broker-dealer.

The filing lists 97,678 shares offered for sale by a holder identified as LGP Associates VI-A LLC, with execution via J.P. Morgan Securities LLC. The notice cites acquisition by cash or automatic conversion of preferred stock.

Cash-flow treatment to the issuer is not stated; proceeds would generally go to the selling holder. Subsequent trading activity will depend on whether the holder executes block trades or market sales under the broker arrangement.

Form 144 is a statutory notice required for certain resale exemptions, not a company action.

The filing names the seller, the issuer, and the broker, and reports a prior sale of 8,301 shares on 05/07/2026 for $261,149.46. It also states the shares were acquired on 10/12/2021 or by automatic conversion.

Regulatory timing and eligibility depend on Rule 144 conditions; this notice documents intent to sell and a recent completed transaction but does not itself effect a transfer of title.

Offered shares 97,678 shares listed as securities to be sold
Prior sale 8,301 shares sold on 05/07/2026
Proceeds from prior sale $261,149.46 aggregate amount for 8,301 shares on 05/07/2026
Par value $0.01 per share common stock par value as stated
Form date / exchange 05/21/2026 / NYSE filing date and listed exchange shown on the notice
Form 144 regulatory
"The notice identifies the filing as Form 144 for proposed resale of restricted shares"
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
"shares acquired from issuer and/or upon the automatic conversion of shares of Preferred Stock"
selling holder regulatory
"The shares of Common Stock reported herein were originally acquired by Seller"

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 LGP Associates VI-A LLC's Form 144 for LTH mean?

It notifies the SEC of a holder's intent to sell restricted or control shares under resale rules. The notice lists 97,678 shares offered and a broker (J.P. Morgan Securities LLC), documenting planned resale activity.

How many LTH shares were sold recently per this filing?

The filing reports a sale of 8,301 shares on 05/07/2026 for $261,149.46. This prior sale is recorded in the Form 144 section for securities sold during the past three months.

When were the shares being offered acquired according to the notice?

The Form states the shares were acquired on 10/12/2021, either from the issuer or via automatic conversion of preferred stock into common stock. That acquisition date is shown in the securities description.

Who is handling the planned resale of LTH shares?

The broker-dealer named is J.P. Morgan Securities LLC at 383 Madison Avenue, New York. The filing indicates the broker will effect the resale transactions for the selling holder.

Does Form 144 indicate proceeds go to the issuer of LTH stock?

No. The notice describes resale by a selling holder; proceeds are attributable to the seller rather than the issuer. The Form identifies the transaction as a resale by the holder.