Director John Kristofer Galashan sells 2.21M LTH shares (16.7% of stake) at $28.60 for $63.2M
Director John Kristofer Galashan sold 2,208,580 shares at $28.60 on 2026-06-04, reducing his position from 13,236,283 shares to 11,027,703 shares and realizing $63,165,388.00 in proceeds. The sale occurred 8.3% below the 52-week high of $35.33 and at a price that sits well within the 52-week range of $24.14–$35.33. At the LTH ticker specifically, Galashan's prior 5 trades show mixed timing results—2 of 5 were well-timed at the 90-day mark. Notably, the stock has appreciated 27.7% over the 90 days preceding this transaction, suggesting the director sold after a significant run-up. With the company reporting strong fundamentals (revenue of $788,700,000.00, net income of $88,098,000.00, and annual revenue growth of +14.3%), the sale does not appear driven by operational concern, but rather represents a substantial reduction in a concentrated director position.