Family trust of Liquidity Services EVP sells 2,600
Liquidity Services Inc.'s EVP and Chief Commercial Officer John Daunt reported an indirect open-market sale of 2,600 shares of common stock at $35.06 per share on behalf of The Daunt Family Trust.
Rhea-AI Filing Summary
Liquidity Services Inc.'s EVP and Chief Commercial Officer John Daunt reported an indirect open-market sale of 2,600 shares of common stock at $35.06 per share on behalf of The Daunt Family Trust. After this transaction, the trust holds 40,252 common shares indirectly.
Alongside this sale, the filing lists Daunt’s existing equity awards, including multiple stock option grants with exercise prices ranging from $6.11 to $23.52 per share and expirations between 2028 and 2035, as well as several restricted stock unit grants that vest over future dates and depend on the company achieving stated financial milestones.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,600 shares
Net Sell
20 txns
Insider
Daunt John
Role
EVP, Chief Commercial Officer
Sold
2,600 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,600 | $35.06 | $91K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,252 shares (Indirect, By The Daunt Family Trust);
Restricted Stock Unit Grant — 102,249 contracts (Direct);
Stock Option Grant — 155,734 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: 2,600 shares
Sale price: $35.06 per share
Indirect shares after sale: 40,252 shares
+5 more
8 metrics
Shares sold
2,600 shares
Common stock sold in open market on 2026-04-24
Sale price
$35.06 per share
Price for 2,600 common shares sold
Indirect shares after sale
40,252 shares
Common stock held by The Daunt Family Trust after transaction
Option grant 1
24,800 shares at $23.52
Stock option over common stock expiring 2035-10-29
Option grant 2
18,700 shares at $21.62
Stock option over common stock expiring 2034-10-30
Low-strike option
10,066 shares at $6.11
Stock option over common stock expiring 2028-12-04
Largest RSU grant
25,750 units
Restricted stock unit grant expiring 2030-01-01
Second RSU grant
15,470 units
Restricted stock unit grant expiring 2029-01-01
Key Terms
Stock Option Grant, Restricted Stock Unit Grant, open-market sale, The Daunt Family Trust, +2 more
6 terms
Stock Option Grant financial
"security_title": "Stock Option Grant""
Restricted Stock Unit Grant financial
"security_title": "Restricted Stock Unit Grant""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
The Daunt Family Trust financial
"nature_of_ownership": "By The Daunt Family Trust""
vests on each of January 1 financial
"Twenty-five percent of this restricted stock unit grant vests on each of January 1"
financial milestones financial
"vest, if at all, based on the Issuer's achievement of certain financial milestones"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Liquidity Services (LQDT) report for John Daunt?
Liquidity Services reported that a trust associated with EVP John Daunt sold 2,600 common shares in an open-market transaction at $35.06 per share. The shares are held indirectly through The Daunt Family Trust, rather than directly by Daunt.
Was the Liquidity Services (LQDT) insider transaction a buy or a sell?
The filing shows a sell transaction. A trust associated with executive John Daunt executed an open-market sale of 2,600 common shares at $35.06 per share, as indicated by transaction code “S” for sale.
What stock options does John Daunt hold in Liquidity Services (LQDT)?
The filing lists several stock option grants over common stock with exercise prices from $6.11 to $23.52 and expirations between 2028 and 2035. These options cover underlying share amounts such as 24,800 and 18,700 shares.
What restricted stock units does John Daunt hold in Liquidity Services (LQDT)?
Daunt holds multiple restricted stock unit grants economically equivalent to common shares, including awards over 25,750, 15,470, and 3,865 shares. Footnotes explain these RSUs vest over future years and can depend on Liquidity Services meeting financial milestones.
AI-generated analysis. How Rhea-AI works. Not financial advice.
