LivePerson (LPSN) Form 4: Vanessa Pegueros awarded 200,000 RSUs
Rhea-AI Filing Summary
LivePerson director Vanessa Pegueros was granted 200,000 restricted stock units (RSUs) under the LivePerson, Inc. 2019 Stock Incentive Plan on 08/25/2025. Each RSU represents a contingent right to receive one share of common stock and the awarded RSUs will fully vest on 08/25/2026. After the grant, the reporting person is shown as beneficially owning 339,993 shares, which the filer notes includes 280,000 unvested RSUs held following the transaction. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/27/2025.
Positive
- 200,000 RSU grant disclosed with explicit vesting date of 08/25/2026, providing transparency on timing of potential share issuance
- Beneficial ownership reported as 339,993 shares, and the filing specifies that 280,000 of those are unvested RSUs, clarifying the composition of holdings
Negative
- Potential future share issuance from 200,000 RSUs upon vesting could increase shares outstanding, but no dilution metrics are provided in the filing
Insights
TL;DR: A director received 200,000 RSUs that vest in one year; filing is routine and does not by itself indicate material change.
The Form 4 discloses a grant of 200,000 restricted stock units to a director, each converting to one share upon vesting on 08/25/2026. The report notes total beneficial ownership of 339,993 shares, including 280,000 unvested RSUs. This disclosure is consistent with typical equity compensation practices for executive and director alignment. The filing provides clear dates, amounts, and vesting schedule, enabling investors to track future potential share issuance tied to vesting.
TL;DR: Equity award to a director disclosed clearly; governance implication is standard alignment via time-based vesting.
The RSU award vests on 08/25/2026, indicating a one-year time-based restriction typical for retention and alignment. The Form 4 identifies the reporting person as a director and shows beneficial ownership including unvested awards, which is appropriate for transparency. The report was executed by an attorney-in-fact and includes the required transaction codes and counts, meeting Section 16 reporting norms.