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LIQUIDITY SERVICES INC·4

Mar 13, 4:47 PM ET

Daunt John 4

4 · LIQUIDITY SERVICES INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Liquidity Services (LQDT) EVP John Daunt Sells 2,600 Shares

What Happened

  • John Daunt, EVP and Chief Commercial Officer of Liquidity Services, sold 2,600 shares of LQDT common stock in an open-market/private sale on March 11, 2026. The shares were sold at $31.67 per share for a total proceeds of $82,342. This was a sale (not a purchase or option exercise).

Key Details

  • Transaction date and price: 2026-03-11, 2,600 shares sold at $31.67 each.
  • Total value: $82,342.
  • Transaction type: Sale (reported as "S" — open market or private sale).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Filing timeliness: Form 4 was filed on 2026-03-13 for a 2026-03-11 transaction (filed within the typical two-business-day reporting window).
  • Notable footnotes: The filing includes several footnotes describing vesting schedules for option grants and restricted stock units (RSUs), including monthly 1/48th vesting schedules (various start dates) and multi-year 25% annual RSU vesting schedules. Footnote F2 clarifies that each RSU equals one share of common stock; other footnotes (e.g., F3, F4) note some awards vest or become exercisable only upon achievement of certain financial milestones.

Context

  • Sales by executives can be routine (liquidity, diversification, tax withholding) and do not, by themselves, indicate a change in insider sentiment. The filing does not indicate a 10b5-1 plan or that these shares were sold immediately after an option exercise.

Insider Transaction Report

Form 4
Period: 2026-03-11
LIQUIDITY SERVICES INCLQDT
Daunt John
EVP, Chief Commercial Officer
Transactions
  • Sale

    Common Stock

    2026-03-11$31.67/sh−2,600$82,342→ 45,452 total(indirect: By Trust)
Holdings

  • Restricted Stock Unit Grant

    [F2][F10]
    Exp: 2027-01-01→ Common Stock (5,177 underlying)
    5,177

  • Restricted Stock Unit Grant

    [F2][F11]
    Exp: 2028-01-01→ Common Stock (9,662 underlying)
    9,662

  • Restricted Stock Unit Grant

    [F2][F8]
    Exp: 2029-01-01→ Common Stock (16,575 underlying)
    16,575

  • Restricted Stock Unit Grant

    [F2][F12]
    Exp: 2030-01-01→ Common Stock (25,750 underlying)
    25,750

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2027-01-01→ Common Stock (3,865 underlying)
    3,865

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2029-01-01→ Common Stock (15,470 underlying)
    15,470

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2030-01-01→ Common Stock (25,750 underlying)
    25,750

  • Stock Option Grant

    [F7]
    Exercise: $9.46Exp: 2030-12-01→ Common Stock (1,275 underlying)
    1,275

  • Stock Option Grant

    [F1]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (2,096 underlying)
    2,096

  • Stock Option Grant

    [F5]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (7,003 underlying)
    7,003

  • Stock Option Grant

    [F6]
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (11,390 underlying)
    11,390

  • Stock Option Grant

    [F9]
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (18,700 underlying)
    18,700

  • Stock Option Grant

    [F13]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (24,800 underlying)
    24,800

  • Stock Option Grant

    [F4]
    Exercise: $6.11Exp: 2028-12-04→ Common Stock (10,066 underlying)
    10,066

  • Stock Option Grant

    [F4]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (4,644 underlying)
    4,644

  • Stock Option Grant

    [F4]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (16,640 underlying)
    16,640

  • Stock Option Grant

    [F4]
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (15,620 underlying)
    15,620

  • Stock Option Grant

    [F4]
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (18,700 underlying)
    18,700

  • Stock Option Grant

    [F4]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (24,800 underlying)
    24,800
Footnotes (13)
  • [F1]12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F10]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
  • [F11]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
  • [F12]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030.
  • [F13]12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [F3]These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F4]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F5]12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F6]12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F7]These options became fully exercisable on January 1, 2024.
  • [F8]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
  • [F9]12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
Signature
/s/ Mark A. Shaffer, by power of attorney|2026-03-13

Documents

1 file
  • 4
    ownership.xmlPrimary

    4