Liquidity Services insider report: John Daunt RSU vesting and outstanding options detailed
Rhea-AI Filing Summary
Liquidity Services, Inc. (LQDT) Form 4 reports insider transactions by John Daunt, EVP and Chief Commercial Officer. On 08/25/2025 Mr. Daunt received 2,296 net shares and 1,071 net shares
These net issuances resulted from the vesting of restricted stock units (RSUs) where the company withheld shares to satisfy federal and state tax withholding. After the transactions Mr. Daunt beneficially owned 46,676 shares indirectly via The Daunt Family Trust. The filing also lists multiple outstanding stock options and RSU grants with various vesting schedules and exercise prices, including options exercisable through 2034 and performance-based RSUs with milestones.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider vesting and net share issuances from RSUs; no cash purchases or sales reported.
The filing documents the net issuance of shares to an executive via RSU vesting on 08/25/2025, with the issuer withholding shares for tax obligations. Ownership is reported indirectly through a family trust, and a broad set of outstanding equity awards remains unexercised, including options with exercise prices from $6.11 to $22.20 and RSUs that vest through 2029 and beyond. These are typical compensation-related events and do not represent open-market trading that would change free float or signal immediate liquidity events.
TL;DR: Equity-based compensation vesting and performance-conditional awards are disclosed; standard governance reporting.
The Form 4 details scheduled vesting, tax-withholding via share retention, and performance-contingent RSUs. Several grants include time-based monthly vesting (12/48th schedules) and milestone-based vesting conditions. The presence of long-dated options and multi-year RSU schedules aligns with retention incentives. No discretionary sales or pledges are reported, and the transactions appear consistent with executive compensation programs rather than liquidity-seeking behavior.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit Grant | 4,142 | $0.00 | -- |
| Exercise | Restricted Stock Unit Grant | 1,932 | $0.00 | -- |
| Exercise | Common Stock | 2,296 | $0.00 | -- |
| Exercise | Common Stock | 1,071 | $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 | 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 | -- | -- | -- |
Footnotes (1)
- 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. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones. 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, 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. These options became fully exercisable on January 1, 2024. 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. 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. 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. Represents the net issuance of 2,296 shares from the vesting of 4,142 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,846 shares. Represents the net issuance of 1,071 shares from the vesting of 1,932 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 861 shares.
FAQ
What insider transactions did John Daunt report for LQDT on 08/25/2025?
Were any open-market purchases or sales reported by the insider in this Form 4?
Does the filing include stock options and future vesting schedules for LQDT executive awards?
Are any of the RSUs performance-based according to the Form 4?
