Dyer Katharin S 4

What Happened Katharin S. Dyer, a director of Liquidity Services, Inc. (LQDT), had 4,928 restricted stock units (RSUs) vest and convert on March 1, 2026 (reported as exercise/conversion of a derivative at $0.00). The filing also shows a new RSU award of 5,694 units granted on the same date. All transactions are reported with a $0.00 per-share price (typical for RSU vesting/grants), so the form reports $0 total consideration.

Key Details

• Transaction date: 2026-03-01.
• Vesting/Conversion: 4,928 RSUs exercised/converted (reported as derivative M; price $0.00; reported value $0).
• New grant: 5,694 RSUs awarded (reported as A; price $0.00; reported value $0).
• Footnotes: F3 clarifies the 4,928 RSUs were granted 3/1/2025 and vested 3/1/2026; F4 shows the 5,694 RSUs were granted 3/1/2026 and vest 3/1/2027. F1/F2 note these are RSUs and each unit equals the economic equivalent of one share.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Filing status/timeliness: no late-filing flag indicated in the provided details.

Context

• These entries reflect compensation-related RSU vesting and a new RSU grant, not an open-market purchase or sale for cash. RSU vesting commonly converts units into shares (or the economic equivalent) and is often reported with $0 in the “price” field on Form 4.
• Such awards and vesting are routine for directors and executives as part of pay programs; they do not by themselves indicate a buy/sell preference in the market.