[Form 4] LivePerson Inc Insider Trading Activity
James R. Miller, a director of LivePerson, Inc. (LPSN), was granted 200,000 restricted stock units (RSUs) on 08/25/2025 under the 2019 Stock Incentive Plan. Each RSU represents a contingent right to one share and the award will fully vest on 08/25/2026. The Form 4 reports the reporting person beneficially owns 364,944 shares following the transaction; the filer states that this total includes 280,000 unvested RSUs held after the grant. The Form 4 was signed on 08/27/2025 by an attorney-in-fact on behalf of Mr. Miller.
- Grant documented: 200,000 RSUs awarded to Director James R. Miller on 08/25/2025 under the 2019 Stock Incentive Plan
- Clear vesting: RSUs will fully vest on 08/25/2026, providing a defined one-year vesting schedule
- Updated ownership disclosed: Reporting person beneficially owns 364,944 shares following the transaction, including 280,000 unvested RSUs
- None.
Insights
TL;DR: Routine equity compensation grant to a director; documents a standard vesting schedule and increased reported beneficial ownership.
The Form 4 discloses a time-based award of 200,000 RSUs to Director James R. Miller, vesting one year from grant. This filing is consistent with standard director compensation practices under an existing stock incentive plan and documents the director's reported beneficial ownership rising to 364,944 shares, including 280,000 unvested RSUs. The disclosure is procedural and does not report sales or derivative transactions.
TL;DR: A non-cash, deferred equity award that vests in one year; impacts dilution profile only upon vesting and issuance of shares.
The award of 200,000 RSUs will convert into common shares only upon vesting on 08/25/2026. The filing notes an aggregate beneficial ownership figure of 364,944 shares after the grant, with 280,000 unvested RSUs included in that total. This is a disclosure of compensation and ownership; the immediate financial impact is the administrative recognition of the grant and a future potential issuance if vesting conditions are met.