Liquidity Services CFO exercises options, sells shares
Liquidity Services Inc EVP & Chief Financial Officer Jorge Celaya reported option exercises and related share sales through the Jorge Celaya Revocable Trust.
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Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc EVP & Chief Financial Officer Jorge Celaya reported option exercises and related share sales through the Jorge Celaya Revocable Trust. He exercised a total of 26,014 stock options at an exercise price of $9.46 per share and sold 9,951 common shares in open-market transactions at prices between $36.55 and $36.99 per share. Footnotes state that thousands of shares were withheld by the issuer to cover option costs and taxes, with the remaining shares delivered to the trust. Following these trades, the trust holds 66,895 common shares indirectly, and Celaya continues to hold multiple option and restricted stock unit grants that vest between 2025 and 2030.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
27 txns
Insider
Celaya Jorge
Role
EVP & Chief Financial Officer
Sold
9,951 shs ($366K)
Approx. gross sale proceeds
$366K
Approx. exercise cost
$246K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 964 | $0.00 | $0.00 |
| Exercise | Stock Option Grant | 25,050 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,824 | $9.46 | $36K |
| Sale | Common Stock | 3,824 | $36.74 | $140K |
| Exercise | Common Stock | 3,833 | $9.46 | $36K |
| Sale | Common Stock | 3,833 | $36.99 | $142K |
| Exercise | Common Stock | 1,927 | $9.46 | $18K |
| Sale | Common Stock | 1,927 | $36.55 | $70K |
| Exercise | Common Stock | 367 | $9.46 | $3K |
| Sale | Common Stock | 367 | $36.55 | $13K |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 196,534 contracts for 179,938 underlying shares (Direct);
Common Stock — 66,895 shares (Indirect, By the Jorge Celaya Revocable Trust);
Restricted Stock Unit Grant — 115,244 contracts (Direct)
Footnotes (17)
- F1. These options became fully exercisable on January 1, 2025.
- F2. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- F3. 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F4. 12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F5. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- F6. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- F7. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
- F8. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
- F9. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
- F10. 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F11. 12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F12. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030.
- F13. The reporting person exercised 10,000 stock options; 6,176 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 3,824 shares were acquired by the reporting person.
- F14. The reporting person exercised 10,000 stock options; 6,167 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 3,833 shares were acquired by the reporting person.
- F15. The reporting person exercised 5,050 stock options; 3,123 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,927 shares were acquired by the reporting person.
- F16. The reporting person exercised 964 stock options; 597 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 367 shares were acquired by the reporting person.
- F17. These options became fully exercisable on January 1, 2026.
Key Figures
Shares sold: 9,951 shares
Options exercised: 26,014 shares
Exercise price: $9.46/share
+5 more
8 metrics
Shares sold
9,951 shares
Total common shares sold in open-market transactions on 2026-06-01
Options exercised
26,014 shares
Total shares underlying stock options exercised at $9.46 on 2026-06-01
Exercise price
$9.46/share
Exercise or conversion price for options exercised on 2026-06-01
Sale prices
$36.55–$36.99/share
Range of open-market sale prices for common stock on 2026-06-01
Indirect holdings after
66,895 shares
Common shares held by Jorge Celaya Revocable Trust after transactions
Remaining option grants
$14.00–$23.52 exercise prices
Exercise price range for outstanding stock option grants in derivative summary
RSU exercise price
$0.00
Exercise price for restricted stock unit grants tied to common stock
RSU vesting window
2025–2030
Footnote-reported vesting dates for RSU grants
Key Terms
Restricted Stock Unit Grant, derivative exercise/conversion, open-market sale, economic equivalent, +1 more
5 terms
Restricted Stock Unit Grant financial
"These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock."
withheld by the issuer financial
"shares were withheld by the issuer to pay the cost of the options and taxes"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LQDT CFO Jorge Celaya report on this Form 4?
Jorge Celaya reported exercising 26,014 stock options and selling 9,951 Liquidity Services common shares. The sales occurred through the Jorge Celaya Revocable Trust as open-market transactions linked to option exercises, with some shares withheld to cover option costs and taxes.
What stock options did the LQDT CFO exercise according to this Form 4?
Celaya exercised 26,014 stock options at an exercise price of $9.46 per share. Footnotes explain these exercises involved several option grants, with part of the resulting shares withheld by the issuer for option cost and tax obligations before delivering the balance.
What ongoing equity awards does the LQDT CFO retain after these transactions?
Celaya retains multiple stock option and restricted stock unit grants tied to Liquidity Services common stock. These awards carry exercise prices ranging from $14.00 to $23.52 for options and include RSUs with a zero exercise price, vesting between January 2025 and January 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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