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Trusts tied to Liquidity Services (NASDAQ: LQDT) shift 163,208 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Mateus-Tique Jaime
Role null
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 -- -- --
Holdings After Transaction: Common Stock — 0 shares (Indirect, By the Jaime Mateus-Tique 2005 Irrevocable Trust); Restricted Stock Unit Grant — 5,694 shares (Direct, null); Common Stock — 10,981 shares (Direct, null)
Footnotes (1)
  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).
Trust transfer shares 163,208 shares Transferred from 2005 Irrevocable Trust to Em El 2007 Irrevocable Trust on June 9, 2026
Em El 2007 Trust holdings 249,380 shares Common stock held after transfer by Em El 2007 Irrevocable Trust
2005 Trust holdings after transfer 0 shares Jaime Mateus-Tique 2005 Irrevocable Trust common stock after transfer
Spousal indirect holdings 100,000 shares Common stock held indirectly by reporting person’s spouse
Direct common stock holdings 10,981 shares Common stock held directly by reporting person after transactions
Restricted stock units 5,694 units RSUs granted March 1, 2026, vesting March 1, 2027, each equals one share
RSU exercise price $0.0000 per unit Exercise price for restricted stock unit grant expiring March 1, 2027
Restricted Stock Unit financial
"These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date"
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.
Irrevocable Trust financial
"The 163,208 shares held by the Jaime Mateus-Tique 2005 Irrevocable Trust were transferred to the Em El 2007 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
beneficial ownership financial
"The reporting person continues to disclaim beneficial ownership of the shares held by the Em El 2007 Irrevocable Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock"
other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mateus-Tique Jaime

(Last)(First)(Middle)
6931 ARLINGTON ROAD
SUITE 460

(Street)
BETHESDA MARYLAND 20814

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10,981D
Common Stock06/09/2026J(1)163,208D$00IBy the Jaime Mateus-Tique 2005 Irrevocable Trust
Common Stock06/09/2026J163,208A$0249,380IBy the Em El 2007 Irrevocable Trust
Common Stock100,000IBy the reporting person's spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit Grant(2) (3)03/01/2027Common Stock5,6945,694D
Explanation of Responses:
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.
2. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
3. These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date (March 1, 2027).
/s/ Mark A. Shaffer, by power of attorney06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LQDT director Jaime Mateus-Tique report?

The filing reports a restructuring where 163,208 Liquidity Services common shares moved from the Jaime Mateus-Tique 2005 Irrevocable Trust to the Em El 2007 Irrevocable Trust. The 2005 trust no longer owns company shares, and the director disclaims beneficial ownership of the receiving trust’s holdings.

Did Jaime Mateus-Tique buy or sell LQDT shares in the market?

No open-market purchases or sales are shown. The key event is a J-coded transfer of 163,208 shares between two irrevocable trusts. The transaction occurred at a reported price of $0.0000 per share, indicating an internal restructuring rather than a market trade.

How many Liquidity Services shares are held through trusts after this Form 4?

After the transfer, the Em El 2007 Irrevocable Trust holds 249,380 shares of Liquidity Services common stock. The Jaime Mateus-Tique 2005 Irrevocable Trust holds zero shares. The reporting person continues to disclaim beneficial ownership of the Em El 2007 Irrevocable Trust’s shares.

What are Jaime Mateus-Tique’s direct and spousal LQDT share holdings?

The filing shows 10,981 Liquidity Services common shares held directly and 100,000 shares held indirectly by the reporting person’s spouse. These positions are separate from the shares in the irrevocable trust, for which beneficial ownership is expressly disclaimed in the footnotes.

What restricted stock units (RSUs) does Jaime Mateus-Tique hold in LQDT?

The director holds 5,694 restricted stock units, each economically equivalent to one share of Liquidity Services common stock. These RSUs were granted on March 1, 2026 and are scheduled to vest on the first anniversary of the grant date, March 1, 2027.

How should investors interpret the J-coded transactions in this LQDT Form 4?

The J-coded entries represent an “other acquisition or disposition,” here a transfer of 163,208 shares between family trusts. Because the director disclaims beneficial ownership of the receiving trust’s shares, this looks like internal estate or trust planning rather than a directional bet on Liquidity Services stock.