Form 4: Lightbridge Corp Director Sherri Goodman Sells 7,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Sherri Goodman, a director at Lightbridge Corporation, sold 7,000 shares of common stock on May 14, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 14, 2025, Sherri Goodman, a director of Lightbridge Corporation, sold 7,000 shares of the company's common stock.
- The sale was executed under a Rule 10b5-1 trading plan adopted on January 24, 2025.
- The shares were sold at a weighted average price of $11.7333, with individual prices ranging from $11.56 to $11.955.
- Following the transaction, Goodman directly owns 31,847 shares of Lightbridge Corporation.
- The reporting person will provide full information regarding the number of shares sold at each separate price within the specified ranges upon request.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Sales by insiders are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan suggests the insider planned the transactions in advance.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of adoption of Rule 10b5-1 trading plan |
| 05/14/2025 | Date of transaction (sale of shares) |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
Lightbridge Corporation, Sherri Goodman, Form 4, LTBR, Stock Sale, Rule 10b5-1, Director, Securities
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