Lightbridge EVP Mushakov sells $628k in shares

Published 10/10/2025, 21:48
Lightbridge EVP Mushakov sells $628k in shares

Lightbridge (NASDAQ:LTBR), a nuclear fuel technology company with a market capitalization of $580 million, has seen its stock surge over 400% year-to-date. Executive Vice President, Nuclear Operations, Andrey Mushakov, sold 25,093 shares of common stock on October 10, 2025, for a total of $628,830. The shares were sold at prices ranging from $25.00 to $25.19, near the stock’s 52-week high of $24.78.

On the same day, Mushakov exercised options to acquire 25,093 shares of Lightbridge common stock at a price of $12.60, for a total value of $316,171. According to InvestingPro, the stock has shown significant volatility with a beta of 1.95, and currently trades at $22.07.

Following these transactions, Mushakov directly owns 395,699 shares of Lightbridge. He also holds options to purchase 11,351 shares at $18.48 and 10,067 shares at $55.20.

The option exercise and stock sale were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 13, 2024.

In other recent news, Lightbridge Corporation reported its second-quarter 2025 earnings, which showed a net loss increase to $3.5 million from $2.4 million in the previous year. Despite the wider loss, the company experienced a positive response from investors, as indicated by a significant surge in its stock. Additionally, Lightbridge has filed a prospectus supplement for the potential offer and sale of up to $75 million of its common stock through an at-the-market equity offering program. This offering will be conducted through Jefferies LLC as the sales agent. The shares will be issued under an existing shelf registration statement filed with the Securities and Exchange Commission. These recent developments highlight the company’s strategic financial maneuvers. Meanwhile, the broader nuclear and uranium sector experienced declines in premarket trading, with notable drops in companies such as Oklo and Nano Nuclear Energy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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