Liquidity Services CCO sells 715 shares at $41
Liquidity Services’ EVP and chief commercial officer exercised options and, through a family trust, sold 715 shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
For Liquidity Services Inc (LQDT), executive vice president and chief commercial officer John Daunt reported option exercises and related sales on September 1, 2026. A family trust associated with him acquired 325 and 390 shares of common stock upon exercising options at $17.31 and $21.62 per share, then sold all 715 shares at $41.27 per share. The filing states these transactions were made under a Rule 10b5-1 trading plan. Daunt continues to hold multiple restricted stock unit and stock option awards over Liquidity Services common stock that vest or become exercisable over time, in some cases based on the company’s achievement of specified financial milestones.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
23 txns
Insider
Daunt John
Role
EVP, Chief Commercial Officer
Sold
715 shs ($30K)
Approx. gross sale proceeds
$30K
Approx. exercise cost
$14K
| 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 | $41.27 | $13K |
| Exercise | Common Stock | 390 | $21.62 | $8K |
| Sale | Common Stock | 390 | $41.27 | $16K |
| 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 — 139,982 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)
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 sold: 715 shares
Sale price: $41.27 per share
Option exercise price: $17.31 per share
+3 more
6 metrics
Shares sold
715 shares
Total Liquidity Services common shares sold on September 1, 2026 through the Daunt family trust
Sale price
$41.27 per share
Price at which 325 and 390 shares of Liquidity Services common stock were sold
Option exercise price
$17.31 per share
Exercise price for options converted into 325 shares of Liquidity Services common stock
Option exercise price
$21.62 per share
Exercise price for options converted into 390 shares of Liquidity Services common stock
Underlying shares of one RSU grant
25,750 shares
Common shares underlying a restricted stock unit grant expiring January 1, 2030 held directly
Underlying shares of long-dated option grant
24,800 shares
Common shares underlying a stock option grant at $23.52 per share expiring October 29, 2035
Key Terms
restricted stock unit, economic equivalent, financial milestones, exercisable
4 terms
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.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share"
financial milestones financial
"vest, if at all, based on the Issuer's achievement of certain financial milestones"
exercisable financial
"These options became fully exercisable on January 1, 2024."
FAQ
What did LQDT executive John Daunt report in this Form 4?
He reported option exercises and related sales on September 1, 2026, where a family trust associated with him acquired common shares from option exercises and then sold 715 shares of Liquidity Services common stock in market transactions.
Were the LQDT transactions made under a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates that the reported transactions in Liquidity Services common stock were made pursuant to a Rule 10b5-1 trading plan, meaning they were executed according to a pre-arranged trading schedule.
Does John Daunt still hold equity awards in Liquidity Services (LQDT)?
Yes. He continues to hold various restricted stock unit and stock option awards over Liquidity Services common stock, including options such as one expiring on October 29, 2035 covering 24,800 underlying shares at an exercise price of $23.52 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
