HRT FINANCIAL LP 4

What Happened

• HRT FINANCIAL LP, disclosed as a 10% owner of Lion Group Holding Ltd (LGHL), executed multiple open-market/private transactions in early April 2026, primarily purchases. Across April 2–8 the firm bought 56,652 shares (31,629 @ $0.83; 24,433 @ $0.90; 590 @ $0.96) totaling $48,808, and sold 6,437 shares @ $0.99 for $6,373 — a net increase of 50,215 shares and a net cash outlay of about $42,435. Purchases are generally viewed as a stronger signal than sales, but this is an institutional (10% owner) trade, not an executive trade.

Key Details

• Transactions:
  • 2026-04-02: Purchase 31,629 shares @ $0.83 = $26,252 (open market/private)
  • 2026-04-06: Sale 6,437 shares @ $0.99 = $6,373 (open market/private)
  • 2026-04-07: Purchase 24,433 shares @ $0.90 = $21,990 (open market/private)
  • 2026-04-08: Purchase 590 shares @ $0.96 = $566 (open market/private)
• Net change: +50,215 shares; net cash spent ≈ $42,435.
• Shares owned after transaction: Not stated in the available summary of the filing.
• Footnotes/other: No 10b5-1 plan, tax-withholding, or other special footnotes were provided in the transaction summary.
• Filing date vs. trade dates: Filing was submitted to the SEC on 2026-04-09 covering trades from 2026-04-02 to 2026-04-08. Form 4s are typically required within two business days of a transaction — investors can review the SEC filing page for any late-filing indicator.

Context

• HRT FINANCIAL LP is a reported 10% institutional holder, not an officer or director — institutional buying can indicate accumulation but does not reflect insider management opinion.
• These were straightforward buy/sell transactions (P = purchase, S = sale) rather than option exercises, awards, or gifts. Purchases dominate here, which retail investors often view as a more informative signal than routine disposals.