LivePerson (LPSN) EVP and General Counsel in small tax-driven sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LivePerson Inc. executive Monica L. Greenberg reported a small, tax-related stock sale. On this Form 4, she had 315 shares of common stock sold at $2.72 per share. According to the footnotes, the shares were sold automatically by the issuer to cover tax liabilities from vesting performance-based restricted stock units, rather than as a discretionary open-market trade.
After this transaction, Greenberg directly holds 80,000 shares of LivePerson common stock, which includes 53,927 unvested restricted stock units. The size of the sale is very small compared with her remaining equity position and reflects routine tax withholding mechanics tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 315 shares ($857)
Net Sell
1 txn
Insider
Greenberg Monica L.
Role
EVP, Policy & General Counsel
Sold
315 shs ($856.80)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 315 | $2.72 | $856.80 |
Holdings After Transaction:
Common Stock — 80,000 shares (Direct)
Footnotes (1)
- Shares sold automatically by the issuer in order to cover the reporting person's tax liability incurred in connection with the vesting and settlement of the reporting person's performance-based restricted stock units. Number reported includes 53,927 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
FAQ
What did LivePerson (LPSN) executive Monica Greenberg report in this Form 4?
Monica L. Greenberg reported that 315 shares of LivePerson common stock were sold at $2.72 per share. Footnotes explain the sale was automatic to cover taxes from vesting performance-based restricted stock units, rather than a discretionary open-market trade.
Was the LivePerson (LPSN) insider transaction a discretionary stock sale?
No, the filing states the 315 shares were sold automatically by LivePerson to cover Monica Greenberg’s tax liability. This liability arose from the vesting and settlement of performance-based restricted stock units granted as part of her equity compensation.
What role does Monica Greenberg hold at LivePerson (LPSN)?
Monica L. Greenberg serves as Executive Vice President, Policy & General Counsel at LivePerson. The Form 4 identifies her as an officer of the company, and the reported equity transactions relate to her compensation in that senior leadership role.