Liquidity Services Form 4: Angrick gets 71,550 options, 80,550 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liquidity Services (LQDT) reported a Form 4 for Chairman/CEO and 10% owner William P. Angrick III. On 10/29/2025, he received a stock option grant for 71,550 shares at $25.87 expiring on 10/29/2035, and 80,550 restricted stock units. Indirect beneficial holdings are disclosed as 5,064,391 shares by the William P. Angrick III Revocable Trust, 873,379 by the William P. Angrick III 2005 Irrevocable Trust, 575,513 by the Stephanie S. Angrick 2005 Irrevocable Trust, and 114,699 by the Stephanie S. Angrick Revocable Trust. Vesting is per the time- and performance-based schedules noted in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
34 transactions reported
Mixed
34 txns
Insider
Angrick William P III
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option Grant | 71,550 | $0.00 | -- |
| Grant/Award | Stock Option Grant | 71,550 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Grant | 80,550 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Grant | 80,550 | $0.00 | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 71,550 shares (Direct);
Restricted Stock Unit Grant — 80,550 shares (Direct);
Common Stock — 5,064,391 shares (Indirect, By the William P. Angrick III Revocable Trust)
Footnotes (1)
- These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. 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. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones. These options became fully exercisable on October 1, 2020. These options became fully exercisable on October 1, 2021. These options became fully exercisable on October 1, 2022. 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. These options became fully exercisable on January 1, 2024. These options became fully exercisable on October 1, 2019. These options became fully exercisable on January 1, 2025. 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. 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. 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. These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026. 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. 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. 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. 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.
FAQ
What did LQDT’s CEO report on this Form 4?
Grants on 10/29/2025: a stock option for 71,550 shares at $25.87 expiring 10/29/2035, and 80,550 RSUs.
Who is the reporting person in LQDT’s Form 4?
William P. Angrick III, Chairman of the Board and CEO, also a Director and 10% Owner.
What indirect holdings were disclosed for LQDT’s CEO?
Indirect holdings include 5,064,391, 873,379, 575,513, and 114,699 shares via specified trusts.
What is the exercise price and term of the new option grant?
Exercise price is $25.87; the option expires on 10/29/2035.
How do the RSUs vest according to the filing?
The footnotes state time- and performance-based vesting schedules, including dates through 01/01/2030.
What is the earliest transaction date on the Form 4?
The earliest transaction date reported is 10/29/2025.