Liquidity Services (NASDAQ: LQDT) CTO exercises options, sells 4,967 shares

Rhea-AI Filing Summary

Liquidity Services Inc. SVP & Chief Technology Officer Steven Weiskircher reported a set of option exercises and related share movements in company stock. He exercised stock options covering 18,626 shares of Common Stock at exercise prices ranging from $14.00 to $22.20 per share.

Of the shares underlying these exercises, 4,967 shares were sold in open‑market transactions at prices up to $32.64, while additional shares were withheld or surrendered to the issuer to cover option costs and taxes, as described in the footnotes. Following these transactions, Weiskircher directly holds 66,483 shares of Common Stock and retains multiple unexercised stock option and restricted stock unit grants that vest over time or upon achievement of specified financial milestones.

SEC Form 4

FORM 4

UNITED 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

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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^*

Weiskircher Steven

(Last) (First) (Middle)

C/O LIQUIDITY SERVICES, INC.

6931 ARLINGTON ROAD SUITE 460

(Street)

BETHESDA MD 20814

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/06/2026		M(13)		753	A	$14	66,248	D
Common Stock	03/06/2026		S		753	D	$31.9	65,495	D
Common Stock	03/06/2026		M(14)		1,168	A	$17.31	66,663	D
Common Stock	03/06/2026		S		1,168	D	$31.9	65,495	D
Common Stock	03/06/2026		M(15)		944	A	$21.62	66,439	D
Common Stock	03/06/2026		S		944	D	$31.9	65,495	D
Common Stock	03/06/2026		M(16)		971	A	$21.62	66,466	D
Common Stock	03/06/2026		S		971	D	$31.9	65,495	D
Common Stock	03/06/2026		M		516	A	$22.2	66,011	D
Common Stock	03/06/2026		M		701	A	$14	66,712	D
Common Stock	03/06/2026		M		902	A	$17.31	67,614	D
Common Stock	03/06/2026		S(17)		1,131	D	$32.64	66,483	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option Grant	$22.2							(1)	12/07/2031	Common Stock	7,428		7,428	D
Stock Option Grant	$17.31							(1)	12/22/2033	Common Stock	7,215		7,215	D
Stock Option Grant	$21.62	03/06/2026		M			5,010	(1)	10/30/2034	Common Stock	16,700	$0	11,690	D
Stock Option Grant	$23.52							(1)	10/29/2035	Common Stock	15,900		15,900	D
Stock Option Grant	$22.2	03/06/2026		M			516	(2)	12/07/2031	Common Stock	516	$0	0	D
Stock Option Grant	$14	03/06/2026		M			2,998	(5)	12/23/2032	Common Stock	3,275	$0	277	D
Stock Option Grant	$17.31	03/06/2026		M			5,231	(6)	12/22/2033	Common Stock	7,516	$0	2,285	D
Stock Option Grant	$21.62	03/06/2026		M			4,871	(8)	10/30/2034	Common Stock	16,700	$0	11,829	D
Stock Option Grant	$23.52							(11)	10/29/2035	Common Stock	15,900		15,900	D
Restricted Stock Unit Grant	(3)							(4)	01/01/2027	Common Stock	3,570		3,570	D
Restricted Stock Unit Grant	(3)							(4)	01/01/2029	Common Stock	13,790		13,790	D
Restricted Stock Unit Grant	(3)							(4)	01/01/2030	Common Stock	16,500		16,500	D
Restricted Stock Unit Grant	(3)							(9)	01/01/2027	Common Stock	3,490		3,490	D
Restricted Stock Unit Grant	(3)							(10)	01/01/2028	Common Stock	8,925		8,925	D
Restricted Stock Unit Grant	(3)							(7)	01/01/2029	Common Stock	14,775		14,775	D
Restricted Stock Unit Grant	(3)							(12)	01/01/2030	Common Stock	16,500		16,500	D

Explanation of Responses:

1. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

2. These options became fully exercisable on January 1, 2026.

3. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

4. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.

5. 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. The reporting person exercised 2,297 stock options; 1,554 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 753 shares were acquired by the reporting person.

14. The reporting person exercised 4,329 stock options; 3,161 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,168 shares were acquired by the reporting person.

15. The reporting person exercised 4,871 stock options; 3,927 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 944 shares were acquired by the reporting person.

16. The reporting person exercised 5,010 stock options; 4,039 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 971 shares were acquired by the reporting person.

17. The reporting person surrendered 1,131 shares with a market value of $36,915.84 to the issuer to pay the cost and related taxes associated with the exercise of certain stock options described above (i.e., the 516 options with an exercise price of $22.20, the 701 options with an exercise price of $14.00, and the 902 options with an exercise price of $17.31).

	/s/ Mark A. Shaffer, by power of attorney	03/10/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What did Liquidity Services (LQDT) CTO Steven Weiskircher report in this Form 4?

Steven Weiskircher reported exercising stock options and related share sales. He exercised options for 18,626 shares of Liquidity Services Common Stock and sold 4,967 shares in open‑market transactions, while using additional shares to cover option costs and associated taxes.

How many Liquidity Services (LQDT) shares did the CTO sell and at what prices?

The CTO sold 4,967 shares of Liquidity Services Common Stock in open‑market transactions. Reported sale prices include $31.90 and $32.64 per share, according to the transaction detail and footnotes describing how exercised shares were handled.

How many Liquidity Services (LQDT) shares does the CTO hold after these transactions?

After completing the option exercises and sales, Steven Weiskircher directly holds 66,483 shares of Liquidity Services Common Stock. This post‑transaction balance is shown in the non‑derivative holdings line that reports total shares following the final reported transaction.

Were some Liquidity Services (LQDT) shares used to pay option costs and taxes?

Yes. Footnotes state that significant portions of exercised option shares were withheld by Liquidity Services or surrendered back to the issuer. These shares paid the option exercise costs and related taxes, leaving smaller net share amounts acquired and separate shares sold in the market.

What unexercised equity awards does the Liquidity Services (LQDT) CTO still have?

The filing lists remaining stock options and restricted stock units. Examples include options over 7,428 shares at an exercise price of $22.20 and multiple restricted stock unit grants, each economically equivalent to one share of Liquidity Services Common Stock, with various future vesting dates.

Do any Liquidity Services (LQDT) equity awards for the CTO vest based on performance?

Yes. Footnotes explain that certain stock options and restricted stock units vest, if at all, based on Liquidity Services achieving specified financial milestones. Other grants vest over time in scheduled installments across several years, starting on stated January 1 vesting dates.