[Form 4] LIQUIDITY SERVICES INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LIQUIDITY SERVICES INC SVP & Chief Technology Officer Steven Weiskircher reported a mix of stock option exercises and share dispositions in Common Stock. He exercised options covering 5,105 shares at exercise prices of $14.00, $17.31 and $21.62, gaining shares through derivative conversions.
Across related transactions, 11,970 shares were disposed of, including open‑market sales at prices around $34.23–$34.45 per share and shares surrendered to the issuer to pay option costs and associated taxes. After these transactions, he directly holds 58,559 shares of Common Stock.
The filing also lists multiple Restricted Stock Unit and Stock Option Grants that remain outstanding, many of which vest based on the company’s achievement of specified financial milestones and time‑based schedules through dates extending to 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,970 shares ($409,890)
Net Sell
22 txns
Insider
Weiskircher Steven
Role
SVP & Chief Technology Officer
Sold
11,970 shs ($410K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 696 | $0.00 | -- |
| Exercise | Stock Option Grant | 3,340 | $0.00 | -- |
| Exercise | Common Stock | 145 | $21.62 | $3K |
| Sale | Common Stock | 145 | $34.29 | $5K |
| Exercise | Common stock | 669 | $21.62 | $14K |
| Sale | Common Stock | 669 | $34.29 | $23K |
| Sale | Common Stock | 10,663 | $34.23 | $365K |
| Exercise | Stock Option Grant | 601 | $0.00 | -- |
| Exercise | Stock Option Grant | 468 | $0.00 | -- |
| Exercise | Common Stock | 601 | $17.31 | $10K |
| Exercise | Common Stock | 468 | $14.00 | $7K |
| Sale | Common Stock | 493 | $34.45 | $17K |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option 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 | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 11,133 shares (Direct, null);
Common Stock — 69,367 shares (Direct, null);
Common stock — 69,891 shares (Direct, null);
Restricted Stock Unit Grant — 3,570 shares (Direct, null)
Footnotes (1)
- These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. 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. 12/48th of these options 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. 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, 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. The reporting person surrendered 493 shares with a market value of $16,965.31 to the issuer to pay the cost and related taxes associated with the exercise of certain stock options described above (i.e., the 601 options with an exercise price of $17.31 and the 468 options with an exercise price of $14.00). The reporting person exercised 696 stock options; 551 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 145 shares were acquired by the reporting person. The reporting person exercised 3,340 stock options; 2,641 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 669 shares were acquired by the reporting person.
Key Figures
Shares disposed: 11,970 shares
Final direct holdings: 58,559 shares
Sale prices: $34.23–$34.45/share
+5 more
8 metrics
Shares disposed
11,970 shares
Total shares sold or surrendered in reported transactions
Final direct holdings
58,559 shares
Common Stock held directly after transactions
Sale prices
$34.23–$34.45/share
Reported market prices for Common Stock dispositions
Option exercise prices
$14.00, $17.31, $21.62/share
Exercise prices for Common Stock options
Options exercised
5,105 shares
Total shares from option exercises in this filing
Tax payment surrender
493 shares, $16,965.31 value
Shares surrendered to issuer to pay option cost and taxes
RSU grant example
16,500 underlying shares
Restricted Stock Unit Grant expiring 2030-01-01
Option grant example
15,900 underlying shares at $23.52
Stock Option Grant expiring 2035-10-29
Key Terms
Restricted Stock Unit Grant, Stock Option Grant, open-market sale, economic equivalent, +1 more
5 terms
Restricted Stock Unit Grant financial
"The filing also lists multiple Restricted Stock Unit Grant and Stock Option Grant positions."
Stock Option Grant financial
"The filing also lists multiple Restricted Stock Unit Grant and Stock Option Grant positions."
open-market sale financial
"including open‑market sales at prices around $34.23–$34.45 per share"
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.
economic equivalent financial
"Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock."
financial milestones financial
"These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones."
