Lightbridge appoints COO, grants 1.016M restricted shares to top executives

LIGHTBRIDGE Corp

Andrey Mushakov, former EVP Nuclear Operations, appointed EVP & COO on Aug 6, 2026; compensation unchanged.
RSA grants: CEO Seth Grae 420,000 shares, COO Mushakov 336,000, CFO Larry Goldman 260,000.
Grants vest 25% service-based over 6 semi-annual installments; 75% performance-based tied to fuel facility construction, commissioning, and lead test assembly production.
Performance-based vesting requires stockholder approval to increase 2020 Plan shares; performance periods end Dec 31, 2029 through Dec 31, 2034.
Unvested performance shares forfeited if milestones not met; no family relationships or material interests disclosed.

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