LivePerson CEO shares sold to cover RSU taxes
LivePerson Inc. disclosed that Chief Executive Officer Anthony John Sabino had 3,405 shares of common stock sold on his behalf at $2.009 per share.
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Rhea-AI Filing Summary
LivePerson Inc. disclosed that Chief Executive Officer Anthony John Sabino had 3,405 shares of common stock sold on his behalf at $2.009 per share. According to the footnote, the issuer sold these shares automatically to cover the CEO’s tax liability from vesting restricted stock units, rather than a discretionary open-market sale.
After this transaction, Sabino directly holds 176,889 common shares, and this number includes 135,271 unvested restricted stock units that remain subject to vesting conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,405 | $2.009 | $7K |
Footnotes (2)
- F1. Shares sold automatically by the issuer in order to cover the reporting person's tax liability incurred in connection with the vesting of the reporting person's restricted stock units.
- F2. Number reported includes 135,271 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Key Figures
Key Terms
restricted stock units financial
Chief Executive Officer financial
open-market sale financial
FAQ
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What did LivePerson (LPSN) report in this Form 4 filing?
What are the restricted stock units mentioned in the LivePerson (LPSN) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.