Glen Eagle Wealth (LPTH) files to resell 2M Class A shares after conversion

Rhea-AI Filing Summary

Glen Eagle Wealth LLC filed an amended Form 144/A indicating a proposed sale of 2,000,000 shares of Class A Common Stock registered for resale following a conversion of Series G Convertible Preferred Stock that was originally acquired on 02/18/2025. The filing lists an aggregate value of $22,480,000.00 and shows 57,708,603 shares outstanding as of 02/20/2026. The shares are listed on NASDAQ.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK
Filer CCC
Previous Accession Number Of The Filing
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Glen Eagle Wealth LLC 4428C Route 27 Kingston NJ 08528	2000000	22480000.00	57708603	02/20/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	02/18/2025	Conversion of Series G Convertible Preferred Stock originally acquired in private placement on 2/18/2025	Issuer			2000000	02/18/2025	Conversion of Series G Convertible Preferred Stock

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Nothing to Report

144/A: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LPTH's Form 144/A disclose about the sale?

The filing discloses a proposed resale of 2,000,000 Class A shares by Glen Eagle Wealth LLC. It states the shares arose from conversion of Series G Convertible Preferred Stock on 02/18/2025.

How much aggregate value is shown for the shares in the LPTH filing?

The amendment lists an aggregate amount of $22,480,000.00 tied to the 2,000,000 Class A shares. The filing presents this figure alongside the sale notice.

When were the securities converted that are being resold (LPTH)?

The shares proposed for resale were converted from Series G Convertible Preferred Stock on 02/18/2025, as stated in the filing by Glen Eagle Wealth LLC.

What is LPTH's shares outstanding figure shown in the filing?

The filing shows 57,708,603 shares outstanding as of 02/20/2026. This figure appears on the amended Form 144/A alongside the resale disclosure.

Who is the selling holder named in the LPTH filing?

The selling holder identified is Glen Eagle Wealth LLC, with an address listed and a proposed offering of 2,000,000 Class A Common Stock shares.