Liquidity Services (LQDT) CTO nets 2,163 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc. SVP & Chief Technology Officer Steven Weiskircher reported equity compensation activity involving restricted stock units (RSUs) and stock options. On May 14, 2026, 3,940 RSUs vested into 2,163 shares of common stock, with 1,777 shares withheld to cover federal and state taxes, leaving him with 68,646 common shares held directly.
The Form 4 also lists remaining RSU and stock option grants that vest over several years and, in some cases, depend on the company achieving specified financial milestones, with option exercise prices ranging from $14.00 to $23.52 and expirations through 2035.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and option holdings; no open‑market trades.
SVP & CTO Steven Weiskircher had 3,940 restricted stock units vest into common shares, with 1,777 shares withheld for taxes and 2,163 shares issued. This is standard equity compensation rather than an open‑market purchase or sale, and it follows pre‑set vesting terms.
The filing also details his remaining RSU and stock option grants, many of which vest over time or only if Liquidity Services Inc. meets defined financial milestones. Options cover underlying shares at exercise prices between $14.00 and $23.52 through expirations up to 2035. Overall, this looks like routine compensation reporting without a clear bullish or bearish signal for shareholders.
Insider Trade Summary
3,940 shares exercised/converted
Mixed
16 txns
Insider
Weiskircher Steven
Role
SVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Grant | 3,940 | $0.00 | -- |
| Exercise | Common Stock | 2,163 | $0.00 | -- |
| 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 | 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 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit Grant — 9,850 shares (Direct, null);
Common Stock — 68,646 shares (Direct, null);
Stock Option Grant — 7,428 shares (Direct, null)
Footnotes (1)
- These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones. 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months. 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. 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. 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. 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. 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. 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. 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. Represents the net issuance of 2,163 shares from the vesting of 3,940 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 1,777 shares.
Key Figures
RSUs vested: 3,940 units
Shares withheld for taxes: 1,777 shares
Net shares issued: 2,163 shares
+5 more
8 metrics
RSUs vested
3,940 units
Restricted stock units vested into common stock on May 14, 2026
Shares withheld for taxes
1,777 shares
Withheld to satisfy federal and state tax on RSU vesting
Net shares issued
2,163 shares
Net common shares from RSU vesting after tax withholding
Shares held after transaction
68,646 shares
Total Liquidity Services common stock directly held after RSU vesting
RSU grant expiring 2030
16,500 underlying shares
Restricted stock unit grant with expiration date January 1, 2030
Option grant at $23.52
15,900 underlying shares at $23.52
Stock option grant expiring October 29, 2035
Option grant at $14.00
277 underlying shares at $14.00
Stock option grant expiring December 23, 2032
RSU annual vesting dates
25% each on four January 1 dates
Several RSU grants vest 25% annually from 2024–2030 per footnotes
Key Terms
Restricted Stock Unit Grant, Stock Option Grant, vesting, withholding, +1 more
5 terms
Restricted Stock Unit Grant financial
"security_title: "Restricted Stock Unit Grant""
Stock Option Grant financial
"security_title: "Stock Option Grant""
vesting financial
"These restricted stock units vest, if at all, based on the Issuer's achievement..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
withholding financial
"withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,777 shares"
financial milestones financial
"become exercisable, if at all, based on the Issuer's achievement of certain financial milestones"
FAQ
What did Liquidity Services (LQDT) CTO Steven Weiskircher report in this Form 4?
He reported the vesting of 3,940 restricted stock units, which converted into 2,163 common shares after 1,777 shares were withheld for taxes. The filing also updates his remaining RSU and stock option holdings tied to Liquidity Services common stock.
What restricted stock unit grants does the Liquidity Services (LQDT) CTO still have?
He holds multiple RSU grants, including blocks covering 16,500, 14,775, 8,925, 3,490 and 3,570 underlying shares. These RSUs generally vest in 25% annual installments or based on Liquidity Services achieving specified financial milestones over future years.
What stock options are outstanding for the Liquidity Services (LQDT) CTO?
Outstanding options cover several grants, such as 15,900 and 15,900 underlying shares at exercise prices of $23.52, plus grants at $21.62, $17.31, $22.20 and $14.00. Expiration dates run from December 2031 through October 2035, with time-based vesting schedules.