LIVEPERSON CFO’s small tax-related share sale
LIVEPERSON INC executive John DeNeen Collins, the CFO and COO, reported a small share disposition linked to tax obligations rather than a discretionary trade.
Rhea-AI Filing Summary
LIVEPERSON INC executive John DeNeen Collins, the CFO and COO, reported a small share disposition linked to tax obligations rather than a discretionary trade. On the reported date, 7,203 shares of common stock were sold at $2.18 per share to cover his tax liability from vesting restricted stock units.
After this transaction, Collins directly held 109,724 shares of common stock, which includes 84,053 unvested restricted stock units that remain subject to future vesting. The filing reflects a routine, compensation-related tax event, not an open-market decision to reduce his investment position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,203 | $2.18 | $16K |
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 84,053 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Key Figures
Key Terms
restricted stock units financial
tax liability financial
open-market sale financial
unvested financial
FAQ
What insider transaction did LIVEPERSON INC (LPSN) report for John DeNeen Collins?
Was the LPSN insider sale by John DeNeen Collins an open-market decision?
What role do restricted stock units play in the LPSN insider filing for Collins?
How large is the LPSN insider sale relative to John DeNeen Collins’ total holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.