[Form 4] LivePerson Inc Insider Trading Activity
LivePerson, Inc. (LPSN) – Form 4 filing, 29 Jul 2025: CFO & COO John DeNeen Collins reported the automatic sale of 21,966 common shares on 28 Jul 2025 at $1.026 per share (Code “S”). The sale was executed by the issuer solely to cover the executive’s tax withholding obligation arising from the vesting of restricted stock units (RSUs).
Following the transaction, Collins’ aggregate beneficial stake is 1,269,485 shares, of which 1,179,248 are unvested RSUs. No derivative securities were transacted. Collins remains both CFO and COO and is still classified as a Section 16 insider.
The sale represents ~1.7 % of Collins’ total post-transaction holdings and does not appear to reflect discretionary portfolio rebalancing. Because the disposition was tax-related and the executive retains a significant equity position, the filing is generally viewed as administrative and low impact for long-term investors.
- Executive retains 1.27 million shares, maintaining substantial skin in the game and alignment with shareholder interests.
- Insider sale, albeit tax-driven, can still be perceived negatively by some investors monitoring ownership changes.
Insights
TL;DR: Small, tax-related insider sale; neutral signal.
The 22k-share sale (<~$23k) by LivePerson’s CFO & COO was mandated to satisfy RSU tax withholdings. Post-transaction ownership exceeds 1.2 million shares, underscoring continued alignment with shareholders. Given the non-discretionary nature and minimal percentage of total holdings, the event is unlikely to influence valuation or sentiment. I classify the filing as routine and not materially impactful.