LPSN Form 4: Chief Tech Product Officer receives 395,000 RSUs
Rhea-AI Filing Summary
LivePerson insider stock award reported. The Form 4 shows reporting person Mina Christopher Allen, Chief Tech Product Officer, was granted 395,000 Restricted Stock Units (RSUs) on 09/15/2025. Each RSU represents a contingent right to one share and the grant is scheduled to vest on the first anniversary of the grant date, subject to continued employment. The filing reports 896,832 shares beneficially owned following the transaction and notes 895,000 unvested RSUs held by the reporting person following the grant. The form was signed by Monica L. Greenberg as attorney-in-fact on 09/17/2025.
Positive
- 395,000 RSU grant aligns executive compensation with shareholder value by vesting on continued employment
- Clear disclosure of post-transaction beneficial ownership: 896,832 shares reported
Negative
- None.
Insights
TL;DR: Executive received a time‑based equity award tying pay to continued service.
The filing documents a sizeable grant of 395,000 RSUs to the Chief Tech Product Officer that vest on the one‑year anniversary, which is a standard time‑based retention and alignment mechanism. The disclosure of 896,832 shares beneficially owned after the transaction provides transparency on current insider holdings. This is a routine compensation disclosure rather than an operational or financial event.
TL;DR: Large RSU grant reported; typical structure for executive retention without immediate stock transfer.
The report states the award consists of RSUs convertible to one share apiece upon vesting and confirms the vesting schedule is the first anniversary of grant. The filing clarifies the number of unvested RSUs held after the grant, which is useful for evaluating future dilution risk and executive incentive horizons, though no exercise price or cash transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 395,000 | $0.00 | -- |
Footnotes (1)
- The reporting person was granted an award of Restricted Stock Units ("RSUs") under the terms of the LivePerson, Inc. 2019 Stock Incentive Plan consisting of a grant of 395,000 RSUs, each of which represents a contingent right to receive one share of common stock. Subject to the reporting person's continued employment with the Issuer through the applicable vesting, these RSUs are scheduled to vest on the first anniversary of the date of grant. Number reported includes 895,000 unvested RSUs granted to and held by the reporting person following the reported transaction.