Ellis Thomas B's Form 4 filing
Lightpath Technologies IncLPTH · filed Mar 26, 2026
- Accession no.
- 0001437749-26-009957
- Filed
- Mar 26, 2026, 4:31 PM ET
- Trade date
- Mar 24-25, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.38M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ellis Thomas BCIK 0001283774 | Director |
| North Run Strategic Opportunities Fund I, LPCIK 0002052913 | Director, 10% Owner |
| Hammer Todd BCIK 0001283775 | Other: Member |
| North Run Strategic Opportunities Fund I GP, LLCCIK 0002058804 | Other: Member |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 24, 2026 | Class A Common Stock | SSaleDisposed | −54,557 | $12.06F2 | −$657,957.42 | 2,845,516 | Indirect | |
| Mar 25, 2026 | Class A Common Stock | CConversionAcquired | +740,000 | $2.15 | +$1,591,000 | 3,585,516 | Indirect | |
| Mar 25, 2026 | Class A Common Stock | SSaleDisposed | −302,352 | $12.31F3 | −$3,721,953.12 | 3,283,164 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2026 | Class A Common Stock | CConversionDisposed | −740,000 | –F4 | – | 14,171.59 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.0203 to $12.1413 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.72074 inclusive.
Referenced by the price of 1 transaction in Table I.
- F4
On March 25, 2026, the reporting persons converted 1,591 shares of the Issuer's Series G Convertible Preferred Stock into 740,000 shares of Class A Common Stock at a conversion price of $2.15 per share. No cash consideration was paid in connection with the conversion.
Referenced by the price of 1 transaction in Table II.