Liquidity Services: John Daunt exercises stock options
The transactions were reported under a Rule 10b5-1 plan, and the Daunt Family Trust was identified for the share acquisitions and sales.
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Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc. (LQDT) reported that EVP, Chief Commercial Officer John Daunt exercised stock options to acquire 325 shares at $17.31 and 390 shares at $21.62 on November 2, 2026. The Daunt Family Trust acquired and sold those respective amounts of common stock on the same date, at $44.71 per share. The transactions were reported under a Rule 10b5-1 plan.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Daunt John
Role
EVP, Chief Commercial Officer
Sold
715 shs ($32K)
Approx. gross sale proceeds
$32K
Approx. exercise cost
$14K
Share of Position Sold
1.8%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant F6 | 325 | $0.00 | $0.00 |
| Exercise | Stock Option Grant F9 | 390 | $0.00 | $0.00 |
| Exercise | Common Stock | 325 | $17.31 | $6K |
| Sale | Common Stock | 325 | $44.71 | $15K |
| Exercise | Common Stock | 390 | $21.62 | $8K |
| Sale | Common Stock | 390 | $44.71 | $17K |
| 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 | Restricted Stock Unit Grant F2, F3 | -- | -- | -- |
| 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 | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 138,552 contracts for 115,071 underlying shares (Direct);
Common Stock — 38,086 shares (Indirect, By The Daunt Family Trust);
Restricted Stock Unit Grant — 93,687 contracts (Direct)
Holdings Before and After:
Stock Option Grant, 139,267 to 138,552 contracts (Direct);
Common Stock, 38,086 to 38,086 shares (Indirect, By The Daunt Family Trust)
Footnotes (13)
- 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.
Key Figures
Shares acquired through option exercise: 325 shares
Option exercise price: $17.31 per share
Shares acquired through option exercise: 390 shares
+2 more
5 metrics
Shares acquired through option exercise
325 shares
November 2, 2026; exercise price $17.31 per share
Option exercise price
$17.31 per share
For the 325-share exercise on November 2, 2026
Shares acquired through option exercise
390 shares
November 2, 2026; exercise price $21.62 per share
Option exercise price
$21.62 per share
For the 390-share exercise on November 2, 2026
Sale price
$44.71 per share
For each reported sale by the Daunt Family Trust on November 2, 2026
Key Terms
Stock Option Grant, restricted stock unit, financial milestones, vested
4 terms
Stock Option Grant financial
"Stock Option Grant"
restricted stock unit financial
"Each restricted stock unit is the economic equivalent of one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
financial milestones financial
"These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones."
vested financial
"12/48th of this option grant vested"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What vesting schedule applied to the LQDT options exercised?
For the option grant associated with the 325-share exercise, 12/48th vested on January 1, 2025, and an additional 1/48th will vest each month for 36 months thereafter. For the grant associated with the 390-share exercise, 12/48th vested on January 1, 2026, followed by an additional 1/48th each month for 36 months.
AI-generated analysis. How Rhea-AI works. Not financial advice.
