Five Point Energy Fund II AIV-VII LP (Director) sold 2,500,000 shares of LB at $70.00 for $175,000,000 on 2025-11-18
Five Point Energy Fund II AIV-VII LP sold 2,500,000 shares at $70.00, representing a sale of a specific share batch rather than a complete position exit, with the derivative holdings still to be disclosed in Table II. The transaction occurred at a premium to the current price of $57.41, approximately 22% above today's market level, and at a significant premium to the 52-week high of $85.55 where the stock currently trades 32.9% below. The company shows strong financial momentum with annual revenue growth of 50.9% and latest quarterly revenue of $50.8M with net income of $8.1M, though the P/E ratio of 205.04 reflects elevated valuation multiples. This sale by a director represents a substantial capital redeployment at a price substantially above current market conditions.