Signature
/s/ North Run Strategic Opportunities Fund I, LP
Issuer symbol
LPTH
Transactions as of
20 Feb 2026
Net transactions value
-$6,408,650
Form type
4
Filing time
24 Feb 2026, 19:24:34 UTC
Previous filing
07 Jan 2026
Next filing
27 Feb 2026

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
North Run Strategic Opportunities Fund I, LP Director, 10%+ Owner 867 BOYLSTON STREET, 5TH FLOOR, #1361, BOSTON /s/ North Run Strategic Opportunities Fund I, LP 24 Feb 2026 0002052913
ELLIS THOMAS B Director 867 BOYLSTON STREET, 5TH FLOOR, #1361, BOSTON /s/ Thomas B. Ellis 24 Feb 2026 0001283774
HAMMER TODD B Member 867 BOYLSTON STREET, 5TH FLOOR, #1361, BOSTON /s/ Todd B. Hammer 24 Feb 2026 0001283775
North Run Strategic Opportunities Fund I GP, LLC Member 867 BOYLSTON STREET, 5TH FLOOR, #1361, BOSTON /s/ North Run Strategic Opportunities Fund 1, GP, LLC, by: /s/ Thomas B. Ellis, Member 24 Feb 2026 0002058804

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPTH Class A Common Stock Conversion of derivative security $2,709,000 +1,260,000 +46% $2.15 3,988,968 20 Feb 2026 See footnote F1
transaction LPTH Class A Common Stock Sale $2,883,929 -218,811 -5.5% $13.18 3,770,157 20 Feb 2026 See footnote F1, F2
transaction LPTH Class A Common Stock Sale $4,577,658 -376,762 -10% $12.15 3,393,395 20 Feb 2026 See footnote F1, F3
transaction LPTH Class A Common Stock Sale $78,065 -6,500 -0.19% $12.01 3,386,895 23 Feb 2026 See footnote F1, F4
transaction LPTH Class A Common Stock Sale $1,577,998 -131,281 -3.9% $12.02 3,255,514 24 Feb 2026 See footnote F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LPTH Series G convertible preferred stock Conversion of derivative security $0 -2,709 -14% $0.000000 17,354 20 Feb 2026 Class A Common Stock 1,260,000 $2.15 See footnote F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.3019, 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) through (5) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.92 to $12.6577, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.0038 to $12.05, inclusive.
F5 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 $12.0214, inclusive.
F6 The preferred stock is perpetual and therefore has no expiration date.