[144] Liquidity Services, Inc. SEC Filing

Rhea-AI Filing Summary

Liquidity Services, Inc. (LQDT) filed a Form 144 notifying of a proposed sale of 7,500 common shares with an aggregate market value of $189,675.00, to be sold on NASDAQ with an approximate sale date of 08/13/2025. The filing lists Northern Trust Securities Inc as the broker and reports 31,236,939 shares outstanding.

The securities were acquired on 03/11/2025 as a stock award from LQDT, with payment/settlement noted as 08/13/2025. The form indicates "Nothing to Report" for securities sold in the past three months. Several filer contact fields, the notice date and the signature block appear in the form but contain no entries in the provided content.

Positive

• Disclosure of proposed sale including number of shares, aggregate market value, broker and exchange
• Representation included that the seller does not possess undisclosed material information

Negative

• Filer contact and CIK/CCC fields are not populated in the provided content
• Notice date and signature block appear in the form but contain no entries in the provided excerpt

Insights

Securities Analyst

TL;DR: Routine Form 144 reporting a small proposed sale of 7,500 shares (~$189.7K); appears immaterial relative to outstanding shares.

The filing discloses a proposed sale of 7,500 common shares valued at $189,675.00 with an approximate sale date of 08/13/2025. Relative to the reported 31,236,939 shares outstanding, the sale represents roughly 0.024% of outstanding shares, suggesting limited market impact. The broker is identified as Northern Trust Securities Inc. The filing also states no securities were sold in the past three months. The notice provides clear transactional data but lacks some identifying filer contact and signature entries in the provided content, which limits confirmation of procedural completeness.

Corporate Governance Expert

TL;DR: The Form 144 documents an award-based sale and includes the seller's representation, but key administrative fields are blank in the provided content.

The securities were acquired as a stock award on 03/11/2025 from LQDT and are scheduled for sale on 08/13/2025. The filing contains the standard representation that the seller does not possess undisclosed material information. However, in the provided extract the filer contact information, notice date and signature block are not populated. From a governance and compliance perspective, the form records the intended transaction but the missing administrative entries in this content excerpt reduce verifiability of the submission as presented here.

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	Northern Trust Securities Inc 2501 N Harwood Ste 2010 Dallas TX 75201	7500	189675.00	31236939	08/13/2025	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	03/11/2025	Stock Award	LQDT			7500	08/13/2025	n/a

* 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

Nothing to Report

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)

FAQ

What does the LQDT Form 144 report?

The filing reports a proposed sale of 7,500 common shares with an aggregate market value of $189,675.00 to be sold on NASDAQ with an approximate sale date of 08/13/2025.

Who is the broker named in the filing?

The broker listed is Northern Trust Securities Inc with address 2501 N Harwood Ste 2010, Dallas, TX 75201 as shown in the filing.

When and how were the shares acquired?

The securities were acquired on 03/11/2025 as a stock award from LQDT, per the filing.

Were any securities sold by the holder in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Does the filing include the filer contact, date and signature?

In the provided content the filer contact fields, the notice date and the signature block are present but contain no entries.