North Run Strategic Opportunities Fund I, LP bought LPTH

February 20, 2026 · Form 4 insider transaction

North Run Strategic Opportunities Fund I, LP bought 1,260,000 shares of LightPath Technologies, Inc. at $2.15 per share, a transaction worth $2.71M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,260,000
Price
$2.15
Total value
$2.71M
RoleDirector, 10% owner
SecurityClass A Common Stock
Transaction codeC: Conversion of a derivative
Transaction dateFebruary 20, 2026
Filing dateFebruary 24, 2026
Shares owned after3,988,968
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

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.

View the original Form 4 on SEC EDGAR