Liquidity Services CCO sells 2,511 shares at $43
LIQUIDITY SERVICES INC (LQDT) reported insider equity activity by EVP and Chief Commercial Officer John Daunt.
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Form Type
4
Rhea-AI Filing Summary
LIQUIDITY SERVICES INC (LQDT) reported insider equity activity by EVP and Chief Commercial Officer John Daunt. On 2026-08-21, restricted stock units vested into 1,171 and 1,340 shares of common stock held indirectly through The Daunt Family Trust, after issuer share withholding to cover federal and state taxes. In line with company policies, the trust then disposed of these 2,511 shares at $43.12 per share, with proceeds used to cover fees and the balance received in cash. The filing indicates the transactions were made pursuant to a Rule 10b5-1 trading plan, and Daunt continues to hold multiple unexercised RSU and stock option grants on Liquidity Services common stock.
Insider Trade Summary 10b5-1
4,142 shares exercised/converted
Exercise
23 txns
Insider
Daunt John
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Grant F2, F3 | 1,932 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit Grant F2, F3 | 2,210 | $0.00 | $0.00 |
| Exercise | Common Stock F14 | 1,171 | $0.00 | $0.00 |
| Other | Common Stock F16 | 1,171 | $43.12 | $50K |
| Exercise | Common Stock F15 | 1,340 | $0.00 | $0.00 |
| Other | Common Stock F17 | 1,340 | $43.12 | $58K |
| holding | Restricted Stock Unit Grant F2, F10 | -- | -- | -- |
| holding | Restricted Stock Unit Grant F2, F11 | -- | -- | -- |
| holding | Restricted Stock Unit Grant F2, F8 | -- | -- | -- |
| holding | Restricted Stock Unit Grant F2, F12 | -- | -- | -- |
| holding | Restricted Stock Unit Grant F2, F3 | -- | -- | -- |
| holding | Stock Option Grant F7 | -- | -- | -- |
| holding | Stock Option Grant F1 | -- | -- | -- |
| holding | Stock Option Grant F5 | -- | -- | -- |
| holding | Stock Option Grant F13 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F4 | -- | -- | -- |
| holding | Stock Option Grant F6 | -- | -- | -- |
| holding | Stock Option Grant F9 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit Grant — 93,687 contracts for 82,914 underlying shares (Direct);
Common Stock — 38,086 shares (Indirect, By The Daunt Family Trust);
Stock Option Grant — 140,697 contracts (Direct)
Footnotes (17)
- F1. 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F2. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- F3. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
- F4. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- F5. 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.
- F6. 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.
- F7. These options became fully exercisable on January 1, 2024.
- F8. 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.
- F9. 12/48th of this option grant vested on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F10. 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.
- F11. 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.
- 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. 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.
- F14. Represents the net issuance of 1,171 shares from the vesting of 1,932 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 761 shares.
- F15. Represents the net issuance of 1,340 shares from the vesting of 2,210 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 870 shares.
- F16. In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,171 shares received by the reporting person in connection with the vesting of 1,932 restricted stock units.
- F17. In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,340 shares received by the reporting person in connection with the vesting of 2,210 restricted stock units.
Key Figures
Shares from first RSU vesting: 1,932 shares
Shares withheld for taxes (first vesting): 761 shares
Net shares issued (first vesting): 1,171 shares
+5 more
8 metrics
Shares from first RSU vesting
1,932 shares
Restricted stock units vesting on August 21, 2026 for LIQUIDITY SERVICES INC
Shares withheld for taxes (first vesting)
761 shares
Federal and state withholding on vesting of 1,932 restricted stock units
Net shares issued (first vesting)
1,171 shares
Net issuance to The Daunt Family Trust from first RSU vesting
Net shares issued (second vesting)
1,340 shares
Net issuance to The Daunt Family Trust from vesting of 2,210 restricted stock units
Disposition price per share
$43.12 per share
Sale of 1,171 and 1,340 LQDT common shares by The Daunt Family Trust
RSU holding expiring 2030-01-01
25,750 underlying shares
Restricted Stock Unit Grant on LQDT common stock, direct ownership
Stock option grant at $23.52
24,800 underlying shares at $23.52
Stock Option Grant on LQDT common stock expiring October 29, 2035
Stock option grant at $6.11
10,066 underlying shares at $6.11
Stock Option Grant on LQDT common stock expiring December 4, 2028
Key Terms
Restricted Stock Unit Grant, Stock Option Grant, Rule 10b5-1 trading plan, withholding, +1 more
5 terms
Restricted Stock Unit Grant financial
"security_title: Restricted Stock Unit Grant, underlying security title Common Stock"
Stock Option Grant financial
"security_title: Stock Option Grant, exercisePrice and expirationDate provided"
Rule 10b5-1 trading plan regulatory
"The filing affirms transactions were effected under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
withholding financial
"federal and state withholding due at the vesting of such restricted stock units"
indirect ownership financial
"nature_of_ownership: By The Daunt Family Trust indicating indirect ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LQDT executive John Daunt report on August 21, 2026?
John Daunt reported vesting of restricted stock units into 1,171 and 1,340 LQDT common shares held by The Daunt Family Trust, followed by dispositions of those 2,511 shares at $43.12 per share, after issuer share withholding for federal and state taxes.
How were taxes handled on John Daunt’s LQDT restricted stock unit vesting?
For each vesting, the issuer withheld shares to satisfy federal and state tax obligations: 761 shares from 1,932 units and 870 shares from 2,210 units. The net 1,171 and 1,340 shares were issued to The Daunt Family Trust, then sold at $43.12 per share.
Were John Daunt’s August 21, 2026 LQDT transactions under a Rule 10b5-1 plan?
Yes. The filing affirms that the reported transactions were effected under a Rule 10b5-1 trading plan, indicating they followed a pre-established trading arrangement rather than discretionary market timing.
What LQDT equity awards does John Daunt continue to hold after these transactions?
Daunt continues to hold multiple Restricted Stock Unit Grants and Stock Option Grants on LQDT common stock, including options such as 24,800 shares at an exercise price of $23.52 expiring on October 29, 2035, along with other grants at various strike prices and maturities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
