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LivePerson (LPSN) CEO shares sold automatically to cover RSU tax

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

LIVEPERSON INC Chief Executive Officer Anthony John Sabino reported an automatic sale of 12,594 shares of common stock at $2.72 per share. According to the filing, these shares were sold by the issuer to cover the CEO’s tax liability from vesting restricted stock units.

After this tax-related sale, the CEO directly holds 196,171 shares of LivePerson common stock. A filing footnote states this amount includes 146,023 unvested restricted stock units that remain granted to and held by the reporting person.

Positive

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Negative

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Sabino Anthony John

(Last) (First) (Middle)
C/O LIVEPERSON
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
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
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 03/17/2026 S 12,594(1) D $2.72 196,171(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. 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.
2. Number reported includes 146,023 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Remarks:
/s/ Monica L. Greenberg, Attorney-in-Fact for Anthony John Sabino 03/17/2026
** 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 insider transaction did LivePerson (LPSN) report for its CEO?

LivePerson reported its CEO, Anthony John Sabino, had 12,594 common shares sold at $2.72 each. The filing explains the issuer sold these shares automatically to cover tax liabilities from vesting restricted stock units, rather than a discretionary open-market sale.

Why were Anthony John Sabino’s LivePerson shares sold in this Form 4?

The shares were sold automatically by the issuer to satisfy the CEO’s tax liability from vesting restricted stock units. This means the disposition was part of a standard tax-withholding mechanism tied to equity compensation, not an independent investment decision to reduce exposure.

How many LivePerson shares does the CEO hold after this reported sale?

Following the transaction, the CEO directly holds 196,171 shares of LivePerson common stock. A filing footnote clarifies this figure includes 146,023 unvested restricted stock units that remain granted to and held by him after the tax-related sale.

What price was received for the LivePerson shares sold in this transaction?

The 12,594 LivePerson common shares associated with the CEO’s Form 4 transaction were sold at $2.72 per share. This price applies to the tax-related sale executed by the issuer to cover the reporting person’s tax obligations on vesting restricted stock units.

Do the unvested restricted stock units still count toward the CEO’s LivePerson holdings?

Yes. The filing notes that the 196,171 shares reported as held by the CEO include 146,023 unvested restricted stock units. These RSUs remain granted to him following the tax-covering sale and will typically settle into shares as they vest over time.
Liveperson Inc

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Software - Application
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United States
NEW YORK