Liquidity Services (LQDT) director Infante gains stock via RSU vesting and new grant

Rhea-AI Filing Summary

INFANTE BEATRIZ V reported acquisition or exercise transactions in this Form 4 filing.

Liquidity Services Inc. director Beatriz V. Infante reported equity award activity involving restricted stock units and common shares. On March 1, 2026, 4,928 restricted stock units granted on March 1, 2025 vested, and an equal number of common shares of Liquidity Services Inc. were issued at no cash cost to her.

On the same date, she received a new grant of 5,694 restricted stock units, which the disclosure states will vest on the first anniversary of the March 1, 2026 grant date. After these transactions, she directly owned 97,224 shares of common stock of Liquidity Services Inc.

Insider Trade Summary

4,928 shares exercised/converted

Mixed 3 txns

Insider INFANTE BEATRIZ V

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit Grant	4,928	$0.00	--
Grant/Award	Restricted Stock Unit Grant	5,694	$0.00	--
Exercise	Common Stock	4,928	$0.00	--

Holdings After Transaction: Restricted Stock Unit Grant — 0 shares (Direct); Common Stock — 97,224 shares (Direct)

Footnotes (1)

1. Represents the vesting of restricted stock units. 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, 2025 and vested on the first anniversary of the grant date (March 1, 2026). These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date (March 1, 2027).

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

INFANTE BEATRIZ V

(Last) (First) (Middle)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		M(1)		4,928	A	$0	97,224	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
Restricted Stock Unit Grant	(2)	03/01/2026		M(1)			4,928	(3)	03/01/2026	Common Stock	4,928	$0	0	D
Restricted Stock Unit Grant	(2)	03/01/2026		A		5,694		(4)	03/01/2027	Common Stock	5,694	$0	5,694	D

Explanation of Responses:

1. Represents the vesting of restricted stock units.

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, 2025 and vested on the first anniversary of the grant date (March 1, 2026).

4. 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 attorney	03/03/2026
	** 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).
** 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.
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FAQ

What insider transactions did Liquidity Services Inc. (LQDT) report for Beatriz V. Infante?

Liquidity Services Inc. reported that director Beatriz V. Infante had 4,928 restricted stock units vest into common shares and received a new grant of 5,694 restricted stock units. These awards are part of her equity-based compensation in Liquidity Services Inc. stock.

How many Liquidity Services Inc. (LQDT) shares did Beatriz V. Infante acquire through RSU vesting?

Beatriz V. Infante acquired 4,928 shares of Liquidity Services Inc. common stock through the vesting of 4,928 restricted stock units. Each restricted stock unit is described as economically equivalent to one share of Liquidity Services Inc. common stock in the disclosure footnotes.

What new restricted stock unit grant did Beatriz V. Infante receive from Liquidity Services Inc. (LQDT)?

On March 1, 2026, Beatriz V. Infante received a new grant of 5,694 restricted stock units from Liquidity Services Inc. The filing states that this award vests on the first anniversary of the grant date, March 1, 2027, subject to its stated terms.

When did Beatriz V. Infante’s earlier Liquidity Services Inc. (LQDT) RSU grant vest?

The filing states that restricted stock units granted to Beatriz V. Infante on March 1, 2025 vested on March 1, 2026. That vesting converted 4,928 restricted stock units into 4,928 shares of Liquidity Services Inc. common stock, reflecting one-for-one economic equivalence.

How many Liquidity Services Inc. (LQDT) common shares does Beatriz V. Infante now hold directly?

After the reported transactions, Beatriz V. Infante directly owned 97,224 shares of Liquidity Services Inc. common stock. This total reflects the additional shares issued upon the vesting and conversion of 4,928 restricted stock units on March 1, 2026.

Are Beatriz V. Infante’s Liquidity Services Inc. (LQDT) restricted stock units equivalent to common shares?

Yes. The disclosure states that each restricted stock unit is the economic equivalent of one share of Liquidity Services Inc. common stock. When RSUs vest, they result in the delivery of an equal number of common shares to the reporting person.