INFANTE BEATRIZ V 4

What Happened Beatriz V. Infante, a director of Liquidity Services, had 4,928 restricted stock units (RSUs) convert into 4,928 shares on March 1, 2026 (reported as an exercise/conversion of a derivative). No cash was paid (exercise price reported $0). On the same date she was also granted 5,694 new RSUs (no cash consideration) that will vest on March 1, 2027.

Key Details

• Transaction date(s): March 1, 2026 (reported filing date March 3, 2026). Filing appears timely (within the typical 2-business-day Form 4 window).
• Transactions reported: M (exercise/conversion of derivative) — 4,928 shares acquired and the derivative cancelled; A (award/grant) — 5,694 RSUs granted. All reported at $0.00 per unit.
• Footnotes: F1–F3 indicate the 4,928 RSUs were granted on March 1, 2025 and vested on March 1, 2026; F4 indicates the 5,694 RSUs were granted March 1, 2026 and vest March 1, 2027. Each RSU equals one share.
• Shares owned after transaction: not specified in the provided details of this summary.

Context This filing reflects routine equity compensation activity (vesting and a new RSU grant), not an open-market purchase or sale. The M-code entries showing both an acquisition and a disposition of a derivative reflect the conversion/settlement of RSUs into common stock (no cash proceeds). New RSUs vest in one year per the footnote; such grants are commonly part of director compensation and do not by themselves indicate a change in insider sentiment.