Lightbridge Corp (NASDAQ:LTBR) director Sweta Chakraborty sold 1,143 shares of the company’s common stock on July 1, 2026, for a total value of $10,618.
The shares were sold at prices ranging from $9.24 to $9.31 per share, with a weighted average price of $9.29. This transaction was executed pursuant to a Rule 10b5-1 trading plan, which Ms. Chakraborty adopted on March 5, 2026.
Following the sale, Ms. Chakraborty directly holds 47,849 shares of Lightbridge Corp common stock.
The stock has declined since the transaction, currently trading at $8.65, just 1% above its 52-week low of $8.42 and down 72% from its 52-week high of $31.34. According to InvestingPro analysis, the company appears overvalued at current levels, with shares showing high volatility reflected in a beta of 2.09.
In other recent news, Lightbridge Corporation reported its financial results for the first quarter of 2026, noting a significant increase in research and development expenses as it continues to invest in its fuel development program. The company emphasized its strong cash position, which supports its strategic initiatives. Meanwhile, Lightbridge has partnered with Studsvik Scandpower, Inc. to develop software for modeling its nuclear fuel design, extending Studsvik’s CMS5 Core Management Suite to include Lightbridge’s metallic fuel rod design for light water reactors.
Additionally, Lightbridge recently removed fuel material samples from the Idaho National Laboratory’s Advanced Test Reactor for cooling, with plans for post-irradiation examination later this year. This milestone involved 24 Lightbridge personnel collaborating with laboratory officials. In corporate governance developments, Lightbridge held its 2026 Annual Meeting of Stockholders virtually, where shareholders elected all six director nominees to serve until the next annual meeting. These recent developments reflect Lightbridge’s ongoing efforts in advancing its nuclear technology and strengthening its leadership team.