LivePerson (LPSN) EVP has 3,600 shares sold to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LIVEPERSON INC executive Monica L. Greenberg, EVP, Policy & General Counsel, had 3,600 shares of common stock sold on May 18, 2026 at $2.18 per share. According to the footnotes, these shares were sold automatically by the issuer to cover her tax liability from vesting restricted stock units, making this a routine tax-related transaction rather than a discretionary sale.
After this transaction, Greenberg beneficially owns 76,400 shares, which includes 44,651 unvested restricted stock units that remain granted to and held by her.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,600 shares ($7,848)
Net Sell
1 txn
Insider
Greenberg Monica L.
Role
EVP, Policy & General Counsel
Sold
3,600 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,600 | $2.18 | $8K |
Holdings After Transaction:
Common Stock — 76,400 shares (Direct, null)
Footnotes (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. Number reported includes 44,651 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Key Figures
Shares sold: 3,600 shares
Sale price per share: $2.18 per share
Shares owned after transaction: 76,400 shares
+1 more
4 metrics
Shares sold
3,600 shares
Automatic sale on May 18, 2026 to cover tax liability
Sale price per share
$2.18 per share
Price for 3,600 common shares sold
Shares owned after transaction
76,400 shares
Total beneficial ownership following the reported sale
Unvested RSUs
44,651 units
Unvested restricted stock units held after the transaction
Key Terms
restricted stock units, tax liability, automatic sale, beneficially owns
4 terms
restricted stock units financial
"tax liability incurred in connection with the 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.
tax liability financial
"Shares sold automatically by the issuer in order to cover the reporting person's tax liability"
automatic sale financial
"Shares sold automatically by the issuer in order to cover the reporting person's tax liability"
beneficially owns financial
"Number reported includes 44,651 unvested restricted stock units granted to and held by the reporting person"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What insider transaction did LIVEPERSON INC (LPSN) report for Monica L. Greenberg?
LIVEPERSON INC reported an automatic sale of 3,600 common shares for executive Monica L. Greenberg. The shares were sold by the issuer to cover her tax liability created when previously granted restricted stock units vested.
Was Monica L. Greenberg’s LIVEPERSON (LPSN) stock sale discretionary?
No, the sale was described as automatic and tax-related. Footnotes state the issuer sold the 3,600 shares to cover Greenberg’s tax liability from vested restricted stock units, indicating a routine withholding mechanism rather than a voluntary open-market liquidation.
What do the restricted stock units mean for Monica L. Greenberg’s LIVEPERSON (LPSN) ownership?
The filing notes 44,651 unvested restricted stock units held by Greenberg. These units represent future potential shares that vest over time, increasing her equity exposure as they convert into common stock, subject to applicable vesting and tax obligations.