LivePerson (NASDAQ: LPSN) CFO share sale covers tax liability
Rhea-AI Filing Summary
LivePerson Inc. executive Collins John DeNeen, the company's CFO and COO, reported an automatic sale of 1,494 shares of Common Stock on July 28, 2026 at $1.667 per share. The shares were sold by the issuer to cover tax liability arising from the vesting of his restricted stock units. Following this transaction he directly holds 108,230 shares, including 81,148 unvested restricted stock units.
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Insider Trade Summary
Net Seller: 1,494 shares
Net Sell
1 txn
Insider
Collins John DeNeen
Role
CFO and COO
Sold
1,494 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,494 | $1.667 | $2K |
Holdings After Transaction:
Common Stock — 108,230 shares (Direct)
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 81,148 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Key Figures
Shares sold: 1,494 shares
Sale price per share: $1.667
Shares owned after transaction: 108,230 shares
+1 more
4 metrics
Shares sold
1,494 shares
Common Stock sold on 2026-07-28 to cover tax liability
Sale price per share
$1.667
Price per share for the 1,494 shares sold
Shares owned after transaction
108,230 shares
Directly held Common Stock following the sale
Unvested RSUs included
81,148 restricted stock units
Unvested restricted stock units included in post-transaction holdings
Key Terms
restricted stock units, vesting, tax liability
3 terms
restricted stock units financial
"vesting of the reporting person's restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"in connection with the vesting of the reporting person's restricted stock units."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax liability financial
"to cover the reporting person's tax liability incurred in connection with the vesting..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LivePerson (LPSN) report for Collins John DeNeen?
LivePerson reported that CFO and COO Collins John DeNeen had 1,494 shares of Common Stock sold on July 28, 2026 at $1.667 per share. According to the footnote, the issuer sold these shares automatically to cover his tax liability from restricted stock unit vesting.
Was the July 2026 LivePerson (LPSN) insider sale under a Rule 10b5-1 plan?
The filing does not indicate that the sale was under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is unchecked, and the footnote only describes an automatic issuer sale to satisfy tax obligations tied to RSU vesting.
How many unvested RSUs does Collins John DeNeen hold in LivePerson (LPSN)?
Collins John DeNeen's reported holdings include 81,148 unvested restricted stock units. This RSU balance is part of his total 108,230 shares of LivePerson Common Stock shown as directly owned after the July 28, 2026 tax-related sale.