LivePerson (LPSN) CEO Sabino discloses automatic RSU tax share sale
Rhea-AI Filing Summary
LivePerson Inc.'s Chief Executive Officer and director, Anthony John Sabino, reported an automatic sale of company stock related to tax withholding. On 12/16/2025, he sold 4,984 shares of common stock at a price of $4.73 per share. The shares were sold by the issuer to cover his tax liability from the vesting of restricted stock units.
After this transaction, Sabino beneficially owned 208,765 shares of LivePerson common stock, which includes 182,581 unvested restricted stock units that remain subject to vesting conditions.
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FAQ
What insider transaction did LivePerson Inc (LPSN) report in this Form 4?
The filing reports that Chief Executive Officer and director Anthony John Sabino had 4,984 shares of LivePerson common stock sold on 12/16/2025 at $4.73 per share.
Why were Anthony John Sabino's LivePerson (LPSN) shares sold?
The filing explains that the 4,984 shares were sold automatically by the issuer to cover Sabino's tax liability incurred in connection with the vesting of his restricted stock units.
How many LivePerson (LPSN) shares does Anthony John Sabino own after this transaction?
Following the reported transaction, Anthony John Sabino beneficially owned 208,765 shares of LivePerson common stock.
How many unvested restricted stock units does the LivePerson CEO hold after the Form 4 event?
The number of securities reported as beneficially owned includes 182,581 unvested restricted stock units granted to and held by the reporting person after the transaction.
What is Anthony John Sabino’s role at LivePerson Inc (LPSN)?
According to the filing, Anthony John Sabino is both a Director and an Officer of LivePerson Inc, serving as Chief Executive Officer.
Was this LivePerson (LPSN) insider sale a discretionary market transaction?
No. The explanation states that the 4,984 shares were sold automatically by the issuer to satisfy the reporting person's tax obligations from restricted stock unit vesting.