Liquidity Services EVP trust exercises options, sells 462 shares
Liquidity Services Inc EVP John Daunt, through The Daunt Family Trust, exercised stock options and sold a small number of shares.
Rhea-AI Filing Summary
Liquidity Services Inc EVP John Daunt, through The Daunt Family Trust, exercised stock options and sold a small number of shares. The trust exercised options for a total of 462 shares of Common Stock at exercise prices of $21.62 and $17.31 per share, then sold 462 shares in open-market transactions at $39.13 per share on July 1, 2026. After these transactions, the trust held 38,086 shares of Common Stock indirectly. Daunt also continues to hold multiple stock option and restricted stock unit grants directly, covering tens of thousands of underlying shares with exercise prices ranging from $6.11 to $23.52 and expirations extending from 2028 to 2035.
Positive
- None.
Negative
- None.
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
462 shs ($18K)
Approx. gross sale proceeds
$18K
Approx. exercise cost
$10K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 73 | $0.00 | $0.00 |
| Exercise | Stock Option Grant | 389 | $0.00 | $0.00 |
| Exercise | Common Stock | 73 | $17.31 | $1K |
| Sale | Common Stock | 73 | $39.13 | $3K |
| Exercise | Common Stock | 389 | $21.62 | $8K |
| Sale | Common Stock | 389 | $39.13 | $15K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 141,412 contracts for 115,071 underlying shares (Direct);
Common Stock — 38,086 shares (Indirect, By The Daunt Family Trust);
Restricted Stock Unit Grant — 97,829 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: 462 shares
Sale price: $39.13 per share
Option exercise price: $21.62 per share
+4 more
7 metrics
Shares sold
462 shares
Open-market sales on July 1, 2026
Sale price
$39.13 per share
Common Stock sale price on July 1, 2026
Option exercise price
$21.62 per share
Stock option grant on Common Stock
Option exercise price
$17.31 per share
Stock option grant on Common Stock
Indirect holdings after trades
38,086 shares
Common Stock held by The Daunt Family Trust
Largest option block
24,800 underlying shares at $23.52
Stock Option Grant expiring October 29, 2035
Largest RSU block
25,750 underlying shares
Restricted Stock Unit Grant expiring January 1, 2030
Key Terms
Stock Option Grant, Restricted Stock Unit Grant, open-market sale, derivative exercise/conversion, +2 more
6 terms
Stock Option Grant financial
"security_title: "Stock Option Grant" with underlying Common Stock and exercise prices"
Restricted Stock Unit Grant financial
"security_title: "Restricted Stock Unit Grant" with underlying Common Stock and 0.0000 exercise price"
open-market sale financial
"transaction_action: "open-market sale" for Common Stock sold by The Daunt Family Trust"
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-coded Common Stock transactions"
Daunt Family Trust financial
"nature_of_ownership: "By The Daunt Family Trust" for indirect Common Stock holdings"
vests financial
"footnote: "12/48th of this option grant vested on January 1, 2023""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Liquidity Services (LQDT) EVP John Daunt’s trust do in this Form 4?
The Daunt Family Trust exercised options for 462 Liquidity Services shares, then sold 462 shares in open-market trades. These transactions reflect an exercise-and-sell pattern rather than a net new purchase of stock.
At what prices were the options exercised in the LQDT Form 4 filing?
Options were exercised at strike prices of $21.62 and $17.31 per share. These exercises converted existing derivative awards into common shares, which were then sold at a higher market price of $39.13 per share.
Does John Daunt still hold Liquidity Services (LQDT) equity awards after this Form 4?
Yes. John Daunt continues to hold several stock option and restricted stock unit grants. These derivative awards cover multiple blocks of Liquidity Services common shares with various exercise prices and vesting or expiration dates between 2027 and 2035.
Are the transactions in this LQDT Form 4 mainly purchases or sales?
The filing shows a mix of option exercises and sales, resulting in a net sale of 462 shares. Options were exercised to acquire shares, which were then sold in the market, a common exercise-and-sell pattern for existing awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
