Trusts tied to Liquidity Services (NASDAQ: LQDT) shift 163,208 shares
Rhea-AI Filing Summary
Liquidity Services Inc. director Jaime Mateus-Tique reported an internal trust restructuring involving 163,208 shares of common stock. The Jaime Mateus-Tique 2005 Irrevocable Trust transferred 163,208 shares to the Em El 2007 Irrevocable Trust, and the 2005 trust no longer holds company shares. The reporting person continues to disclaim beneficial ownership of shares held by the Em El 2007 Irrevocable Trust. Separately, indirect holdings include 100,000 shares held by the reporting person’s spouse. Direct holdings consist of 10,981 common shares and 5,694 restricted stock units, each economically equivalent to one share, granted on March 1, 2026 and vesting on March 1, 2027.
Positive
- None.
Negative
- None.
Insights
Filing shows internal trust transfer and updated holdings, with no market trades.
This Form 4 details a J-coded restructuring: 163,208 Liquidity Services common shares moved from the Jaime Mateus-Tique 2005 Irrevocable Trust to the Em El 2007 Irrevocable Trust at no stated price. The 2005 trust now holds no shares.
The reporting person expressly disclaims beneficial ownership of shares in the Em El 2007 Irrevocable Trust, so this is largely an intra-family entity shift rather than a clear economic change for the director. No open-market buys or sells are reported.
Holdings now include 100,000 shares indirectly via the spouse, 10,981 shares held directly, and 5,694 restricted stock units that are economically equivalent to common stock and vest on March 1, 2027. This appears to be routine ownership housekeeping combined with previously granted equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 163,208 | $0.00 | -- |
| Other | Common Stock | 163,208 | $0.00 | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The 163,208 shares held by the Jaime Mateus-Tique 2005 Irrevocable Trust were transferred to the Em El 2007 Irrevocable Trust. The Jaime Mateus-Tique 2005 Irrevocable Trust no longer owns any shares of the issuer's common stock. The reporting person continues to disclaim beneficial ownership of the shares held by the Em El 2007 Irrevocable Trust. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date (March 1, 2027).