LPSN Form 4: Dan Fletcher receives 200k RSUs; holdings rise to 280k

Rhea-AI Filing Summary

Dan Fletcher, a director of LivePerson, Inc. (LPSN), was granted 200,000 restricted stock units (RSUs) on 08/25/2025 under the company's 2019 Stock Incentive Plan. Each RSU represents a contingent right to one share of common stock and the award will fully vest on 08/25/2026. After the grant, the reporting person beneficially owns 280,000 unvested RSUs. The Form 4 was signed by an attorney-in-fact on 08/27/2025. The filing discloses a standard equity compensation award to a director; no cash consideration was paid for the RSUs.

Positive

• 200,000 RSU grant aligns director incentives with shareholders by converting to common stock upon vesting
• Beneficial ownership increased to 280,000 unvested RSUs, signaling continued director stake in the company
• Clear disclosure and timely filing (Form 4 signed 08/27/2025) meets reporting requirements

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received 200,000 RSUs that vest in one year, modestly increasing insider-held equity.

This is a routine equity compensation grant to align a director's interests with shareholders. The award of 200,000 RSUs vests in one year, increasing the director's unvested position to 280,000 RSUs. The grant has no immediate cash impact but represents potential future dilution when RSUs settle into shares. For investors, this is a governance/compensation detail rather than a material operational development.

Corporate Governance Expert

TL;DR: Standard director equity award with one-year vesting; consistent with compensation practices to retain and align directors.

The grant is described under the 2019 Stock Incentive Plan and vests on a fixed date (08/25/2026), indicating time-based retention rather than performance-based metrics. The Form 4 discloses the transaction clearly and was timely signed by an attorney-in-fact. This disclosure meets Section 16 reporting requirements and raises no immediate governance concerns based on the information provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fletcher Dan

(Last) (First) (Middle)

C/O LIVEPERSON, INC.

530 7TH AVE, FLOOR M1

(Street)

NEW YORK NY 10018

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIVEPERSON INC [ LPSN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		A		200,000(1)	A	$0	280,000(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person was granted an award of restricted stock units ("RSUs") under the LivePerson, Inc. 2019 Stock Incentive Plan consisting of a grant of 200,000 RSUs, each of which represents a contingent right to receive one share of common stock. These RSUs will fully vest on August 25, 2026.

2. Number reported includes 280,000 unvested RSUs granted to and held by the reporting person following the reported transaction.

Remarks:

	/s/ Monica L. Greenberg, Attorney-in-Fact for Dan Fletcher	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did LivePerson director Dan Fletcher report on Form 4 (LPSN)?

The Form 4 reports a grant of 200,000 restricted stock units (RSUs) on 08/25/2025 and a total of 280,000 unvested RSUs held after the grant.

When do Dan Fletcher's RSUs vest?

The 200,000 RSUs from the reported grant will fully vest on 08/25/2026.

Was any cash paid for the RSU award?

No cash consideration is reported; the transaction shows a price of $0, consistent with typical RSU grants.

What is the reporting person's relationship to LivePerson (LPSN)?

The Form 4 indicates the reporting person, Dan Fletcher, is a director of LivePerson, Inc.

When was the Form 4 signed and filed?

The Form 4 bears a signature by an attorney-in-fact on 08/27/2025.