LQDT (NASDAQ) insider sale notice: 3,842 shares from option exercise (plus prior Celaya sales)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 to sell 3,842 shares of Common Stock on 06/04/2026 in connection with a stock option exercise. The excerpt lists multiple prior open-market dispositions by Jorge Celaya, including 11,303 shares on 05/26/2026 and 9,951 shares on 06/01/2026.

Insights

Insider Transactions Specialist

Form 144 notice shows an exercise-related sale and recent open-market dispositions by the same holder.

The filing records a stock option exercise with 3,842 shares listed for sale on 06/04/2026. The excerpt also lists several prior cash sales by Jorge Celaya across March–June 2026, with individual trade sizes and proceeds disclosed.

These entries are routine affiliate disclosures required before resale; cash-flow treatment and any Rule 10b5-1 plan are not shown in the excerpt. Subsequent filings or broker reports would show settlement details and whether sales completed as listed.

Key Figures

Proposed sale listed: 3,842 shares Sale example: 11,303 shares Sale example: 9,951 shares +1 more

4 metrics

Proposed sale listed 3,842 shares sale listed on <date>06/04/2026</date> for a stock option exercise

Sale example 11,303 shares sale on <date>05/26/2026</date> with proceeds <money>$398,359.54</money>

Sale example 9,951 shares sale on <date>06/01/2026</date> with proceeds <money>$366,124.19</money>

Sale example 7,914 shares sale on <date>03/09/2026</date> with proceeds <money>$254,039.40</money>

Key Terms

Form 144, stock option exercise, open-market disposals

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

stock option exercise financial

"Stock Option Exercise | Issuer | Cash"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

open-market disposals market

"Securities Sold During The Past 3 Months"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/04/2026 - 06:09 PM Accepted by SEC EDGAR 06/04/2026 - 05:53 PM Learn about SEC filing dates

FAQ

What does the Form 144 filed for LQDT report?

The filing lists a proposed sale of 3,842 shares on 06/04/2026 tied to a stock option exercise. It also documents prior open-market sales by Jorge Celaya with dates, share counts, and gross proceeds for each disposition.

Who is selling shares in the LQDT Form 144 filing?

The notice shows Morgan Stanley Smith Barney LLC as the filer for the 3,842-share sale related to an exercise. The excerpt also lists multiple prior sales by Jorge Celaya, with specific dates, share counts, and proceeds.

Are the proceeds or settlement details shown in the LQDT excerpt?

The excerpt provides gross proceeds for past sales (for example, $398,359.54 for 11,303 shares on 05/26/2026). It does not provide purchaser identities or final settlement confirmations in the displayed text.

Do these Form 144 entries indicate insider intent or a trading plan for LQDT?

The filing simply notifies proposed resale quantities and past sales; it does not state intent or reference a Rule 10b5-1 trading plan. The excerpt includes trade dates, share counts, and proceeds but no plan disclosures or intent language.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3842	143162.14	31181231	06/04/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/04/2026	Stock Option Exercise	Issuer			3842	06/04/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JORGE CELAYA 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	06/01/2026	9951	366124.19
JORGE CELAYA 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	05/28/2026	6098	221945.27
JORGE CELAYA 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	05/27/2026	5320	191847.55
JORGE CELAYA 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	05/26/2026	11303	398359.54
Jorge Celaya 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	03/10/2026	213	7037.52
Jorge Celaya 6931 Arlington Road Suite 460 Bethesda MD 20814	Common	03/09/2026	7914	254039.40

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)