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LPSN Form 4: CFO Sell‑to‑Cover 446,601 Shares at $0.629

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

Rhea-AI Filing Summary

John DeNeen Collins, CFO and COO of LivePerson, Inc. (LPSN), reported an insider sale tied to RSU vesting. On 09/25/2025 the reporting person disposed of 446,601 shares at $0.629 per share through an automatic sale the issuer executed to cover tax withholding arising from the vesting of restricted stock units (RSUs). After the transaction the reporting person beneficially owned 1,527,209 shares, which includes 1,043,573 unvested RSUs remaining.

This Form 4 shows a routine, issuer‑executed sell‑to‑cover related to equity compensation rather than an open‑market discretionary sale.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine sell‑to‑cover reduced immediate share count; remaining holdings include material unvested RSUs.

The reported disposal of 446,601 shares at $0.629 per share was executed automatically by the issuer to satisfy tax withholding on vested RSUs, per the filing. Such sell‑to‑cover transactions are common for executives receiving equity compensation and do not, by themselves, indicate a voluntary directional trade. The disclosure that 1,043,573 unvested RSUs remain provides useful context about the executive's continuing equity exposure.

TL;DR: Transaction appears procedural and disclosed; beneficial ownership remains significant including unvested awards.

The Form 4 explicitly states the shares were sold to cover tax liabilities from RSU vesting and provides post‑transaction beneficial ownership. From a governance and disclosure perspective, the filing complies with Section 16 reporting requirements and clarifies the nature of the sale. The presence of over one million unvested RSUs signals ongoing alignment with shareholder interests through future vesting, as documented in the filing.

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).
1. Name and Address of Reporting Person*
Collins John DeNeen

(Last) (First) (Middle)
C/O LIVEPERSON, INC.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO and COO
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025
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 09/25/2025 S 446,601(1) D $0.629 1,527,209(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 ("RSUs").
2. Number reported includes 1,043,573 unvested RSUs granted to and held by the reporting person following the reported transaction.
Remarks:
/s/ Monica L. Greenberg, Attorney-in-Fact for John DeNeen Collins 09/26/2025
** 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.
Liveperson Inc

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