Form 4 for LPTH LIGHTPATH TECHNOLOGIES INC
Accepted 2026-03-26 00:00:00 ET · period of report 2026-03-24 · accession 0001437749-26-009957 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2026-03-26 | 2026-03-25 | LPTH | North Run Strategic Opportunities Fund I GP, LLC | Other | C - Cnv Deriv | $2.15 | +740.0K | 3.59M | +26% | +$1.59M |
| DMI | 2026-03-26 | 2026-03-24+ | LPTH | North Run Strategic Opportunities Fund I GP, LLC | Other | S - Sale | $12.27 | -356.9K | 3.28M | -10% | -$4.38M |
| DI | 2026-03-26 | 2026-03-25 | LPTH | North Run Strategic Opportunities Fund I GP, LLC | Other | C - Cnv Deriv | — | -1,591 | 14.2K | -10% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-03-25 | C | A | 740,000 | $2.15 | 3,585,516 | I See footnote | — | — | (F1) The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. |
| 2 | Common | Class A Common Stock | 2026-03-24 | S | D | 54,557 | $12.06 | 2,845,516 | I See footnote | — | — | (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. (F1) The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. |
| 3 | Common | Class A Common Stock | 2026-03-25 | S | D | 302,352 | $12.31 | 3,283,164 | I See footnote | — | — | (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. (F1) The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. |
| 4 | Derivative | Series G Convertible Preferred Stock | 2026-03-25 | C | D | 1,591 | — | 14,171.59 | I See footnote | $2.15 · 2025-02-18 to — | 740,000 Class A Common Stock | (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. (F1) The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. (F5) The preferred stock is perpetual and therefore has no expiration date. |