Liquidity Services: Daunt trust sells 715 shares
The listed derivative holdings include options with expiration dates through October 29, 2035.
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Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc. (LQDT) EVP, Chief Commercial Officer John Daunt exercised stock options for 326 shares at $17.31 and 389 shares at $21.62 on October 1, 2026. The Daunt Family Trust acquired those respective amounts of common stock and sold a total of 715 shares at $42.75 per share under a Rule 10b5-1 plan. Listed direct option positions include options covering 1,275 underlying shares at a $9.46 exercise price, expiring December 1, 2030.
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 ($31K)
Approx. gross sale proceeds
$31K
Approx. exercise cost
$14K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant F6 | 326 | $0.00 | $0.00 |
| Exercise | Stock Option Grant F9 | 389 | $0.00 | $0.00 |
| Exercise | Common Stock | 326 | $17.31 | $6K |
| Sale | Common Stock | 326 | $42.75 | $14K |
| Exercise | Common Stock | 389 | $21.62 | $8K |
| Sale | Common Stock | 389 | $42.75 | $17K |
| 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 — 139,267 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: $42.75 per share
Options exercised: 326 shares
+3 more
6 metrics
Shares sold
715 shares
The Daunt Family Trust transactions on October 1, 2026
Sale price
$42.75 per share
The Daunt Family Trust sales on October 1, 2026
Options exercised
326 shares
John Daunt; exercise price of $17.31 per share on October 1, 2026
Exercise price
$17.31 per share
Options exercised for 326 shares on October 1, 2026
Options exercised
389 shares
John Daunt; exercise price of $21.62 per share on October 1, 2026
Exercise price
$21.62 per share
Options exercised for 389 shares on October 1, 2026
Key Terms
Rule 10b5-1 plan, restricted stock unit, financial milestones
3 terms
Rule 10b5-1 plan regulatory
"Transactions were reported under a Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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.
financial milestones financial
"achievement of certain financial milestones"
FAQ
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