Liquidity Services (NASDAQ: LQDT) holder eyes $192K sale

Rhea-AI Filing Summary

LQDT reports a Form 144 notice that Jorge Celaya intends to sell 5,320 shares of common stock by 05/27/2026. The filing states the method as a stock option exercise with cash settlement through the issuer via Morgan Stanley Smith Barney LLC.

The filing also lists prior dispositions by Jorge Celaya in the past three months: 11,303 shares on 05/26/2026 for $398,359.54, 213 shares on 03/10/2026 for $7,037.52, and 7,914 shares on 03/09/2026 for $254,039.40.

Insights

Securities Compliance Analyst

Form 144 lists a planned resale of stock via option exercise and recent related sales.

The filing shows a 5,320-share proposed sale dated 05/27/2026, executed via stock option exercise with cash proceeds routed through the issuer and Morgan Stanley Smith Barney LLC. This is a routine disclosure for officers or affiliates selling restricted or control securities under Section 144 rules.

Timing and settlement method are explicit in the excerpt; cash-flow treatment and any post-transaction holdings are not provided in the excerpt. Subsequent securities transfers cited on 05/26/2026, 03/10/2026, and 03/09/2026 are listed as past dispositions.

Equity Transactions Advisor

Multiple recent dispositions appear alongside the current planned sale; investor impact is informational.

The excerpt documents prior sales totaling 19,430 shares across three dates and a proposed sale of 5,320 shares. These entries document transfer activity but do not specify remaining ownership or whether sales were pursuant to a trading plan.

Because the filing is a notice of proposed sale, actual market impact depends on whether and when the shares are sold; follow-up filings would show completion and resulting holdings.

Key Figures

Proposed sale: 5,320 shares Prior sale (05/26/2026): 11,303 shares Prior sale (03/09/2026): 7,914 shares +1 more

4 metrics

Proposed sale 5,320 shares proposed sale via stock option exercise on 05/27/2026

Prior sale (05/26/2026) 11,303 shares sold on 05/26/2026 for $398,359.54

Prior sale (03/09/2026) 7,914 shares sold on 03/09/2026 for $254,039.40

Prior sale (03/10/2026) 213 shares sold on 03/10/2026 for $7,037.52

Key Terms

Form 144, stock option exercise, issuer

3 terms

Form 144 regulatory

"Filing lists proposed sale and method under Section 144"

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

"Securities To Be Sold ... Stock Option Exercise"

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.

issuer financial

"method listed as 'Issuer' with cash settlement"

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

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Accepted by SEC EDGAR 05/27/2026 - 05:43 PM Learn about SEC filing dates

FAQ

What does LQDT Form 144 filed by Jorge Celaya report?

It reports a proposed sale of 5,320 shares of common stock via a stock option exercise dated 05/27/2026. The method is cash settlement through the issuer and Morgan Stanley Smith Barney LLC.

Did Jorge Celaya sell shares recently before this Form 144?

Yes. The filing lists prior dispositions of 11,303 shares on 05/26/2026, 213 shares on 03/10/2026, and 7,914 shares on 03/09/2026. Dollar amounts are provided for each sale.

What sale proceeds are shown in the filing?

The excerpt shows proceeds of $398,359.54 for 11,303 shares, $7,037.52 for 213 shares, and $254,039.40 for 7,914 shares. The proposed 5,320-share exercise lists no aggregate cash amount in the excerpt.

Does this Form 144 confirm the shares have been sold on the market?

No. Form 144 is a notice of a proposed sale; the excerpt shows the intended method and date but does not confirm completion or the seller's post-transaction holdings.

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	5320	191847.55	31181231	05/27/2026	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	05/27/2026	Stock Option Exercise	Issuer			5320	05/27/2026	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	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)