[Form 4] LIVEPERSON INC Insider Trading Activity

Rhea-AI Filing Summary

LivePerson Inc. (LPSN) reporting person Anthony John Sabino, who is listed as both Chief Executive Officer and a director, recorded a Form 4 disclosing a transaction on 09/17/2025.

The filing shows an automatic sale of 96,062 shares of common stock at a price of $0.686 per share to cover the reporting person’s tax liability arising from RSU vesting. After the sale, the reporting person beneficially owned 2,756,234 shares, which includes 2,000,002 unvested restricted stock units held following the transaction. The form is signed by an attorney-in-fact on behalf of Sabino on 09/18/2025.

Positive

• Transparent disclosure of insider transaction and beneficial ownership following the sale
• Substantial ongoing stake reported: 2,756,234 shares beneficially owned after the transaction
• Majority of reported holdings are RSUs (2,000,002 unvested), indicating continued equity alignment subject to vesting

Negative

• Reduction in beneficial ownership by 96,062 shares due to the automatic sale
• Large portion of ownership is unvested, meaning voting/transfer rights may be restricted until vesting

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale of vested RSUs; meaningful ongoing stake remains due to substantial unvested RSUs.

The disclosed sale of 96,062 shares at $0.686 per share was automatic to satisfy tax obligations tied to RSU vesting, a common executive action that does not indicate a voluntary cash-out. Post-transaction beneficial ownership stands at 2,756,234 shares, of which 2,000,002 are unvested RSUs. This structure implies continued alignment with shareholders through a large equity position, though much of it remains subject to vesting conditions.

Corporate Governance Expert

TL;DR: Disclosure is timely and standard; the transaction source is tax withholding on RSU vesting rather than an open-market sale.

The Form 4 correctly reports a Section 16 transaction where shares were sold automatically for tax withholding related to restricted stock unit vesting. The filing identifies the reporting person as CEO and director, and includes the material count of unvested RSUs (2,000,002). From a governance perspective, automatic withholding is routine and the filing maintains transparency about insider ownership levels and the nature of the disposition.

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
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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^*

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)
09/17/2025

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	09/17/2025		S		96,062(1)	D	$0.686	2,756,234(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 2,000,002 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	09/18/2025
	** 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.

FAQ

What did LivePerson (LPSN) insider Anthony Sabino sell on 09/17/2025?

The filing shows an automatic sale of 96,062 shares of common stock on 09/17/2025 at $0.686 per share.

Why were the 96,062 shares sold according to the Form 4?

The sale was executed automatically by the issuer to cover the reporting person’s tax liability incurred from the vesting of restricted stock units.

How many shares does Anthony Sabino beneficially own after the reported transaction?

The filing reports 2,756,234 shares beneficially owned following the transaction, which includes 2,000,002 unvested RSUs.

What roles does the reporting person hold at LivePerson?

The Form 4 identifies the reporting person as both a Director and the Chief Executive Officer of LivePerson.

When was the Form 4 signed and by whom?

The signature block shows the form was signed by Monica L. Greenberg, Attorney-in-Fact, on behalf of Anthony John Sabino on 09/18/2025.