Thomas B. Ellis - Nov 18, 2025 Form 4 Insider Report for LIGHTPATH TECHNOLOGIES INC (LPTH)

Role: Director, 10%+ Owner
Signature: /s/ Natalie N King attorney-in-fact
Stock symbol: LPTH
Transactions as of: Nov 18, 2025
Transactions value $: $0
Form type: 4
Date filed: 11/21/2025, 05:54 PM
Previous filing: Jun 20, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ELLIS THOMAS B	Director, 10%+ Owner	2603 CHALLENGER TECH COURT, SUITE 100, ORLANDO	/s/ Natalie N King attorney-in-fact	2025-11-21	0001283774

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LPTH	Class A common stock	Options Exercise		+6.97K			6.97K	Nov 20, 2025	See footnotes	F1, F2, F3

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	Restricted stock units	Award		+8.82K			8.82K	Nov 18, 2025	Class A common stock	8.82K		See footnotes	F2, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units were settled into Class A Common Stock on a one-for-one basis upon vesting.
F2	The reported securities are directly held by North Run Capital, LP, and may be deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run Capital, LP. The reported securities may also be deemed to be indirectly beneficially owned by the Reporting Person as a member of North Run Advisors, LLC.
F3	The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F4	Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F5	The restricted stock units vest one year from the grant date. Directors may elect to defer receipt of the shares to a future date. Any unvested restricted stock units will vest immediately upon the director leaving the board.