Lightbridge (LTBR) Director Jesse L. Funches Receives 10,000-Share Award

What Happened

• Jesse L. Funches, a director of Lightbridge Corp (LTBR), received a grant of 10,000 restricted stock awards (RSAs) on August 6, 2026.
• The filing reports an acquisition price of $0.00 for the award (total reported value $0). This is a grant of restricted shares, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-06 (reported on Form 4 filed 2026-08-07).
• Transaction type/code: Award/Grant (A) — 10,000 RSAs granted at $0.00.
• Shares owned following the transaction: not specified in the filing.
• Vesting: The RSAs vest in six equal semi‑annual installments over three years, beginning on the first semi‑annual anniversary of the grant, contingent on continued service (see footnote F1).
• Filing timeliness: Reported the next day (appears timely under Form 4 rules).

Context

• Restricted stock awards are compensation that vests over time; they are not an immediate cash purchase or sale and do not necessarily signal near‑term trading intent.
• The reported $0 acquisition price reflects how the grant is disclosed on the Form 4; it does not indicate market value received if any tax withholding or other arrangements apply (none are noted in this filing).