Liquidity Services CFO reports new option and RSU grants
Rhea-AI Filing Summary
Liquidity Services (LQDT) EVP & Chief Financial Officer Jorge Celaya filed a Form 4 reporting equity awards dated 10/29/2025. The filing shows a stock option grant for 31,650 shares at an exercise price of $23.52, expiring on 10/29/2035. It also reports a restricted stock unit grant of 32,850 units, with vesting described as 25% on each of January 1, 2027, 2028, 2029, and 2030 per the notes.
The option awards include tranches that become exercisable based on the issuer’s achievement of certain financial milestones. Following the reported transactions, the filing lists 35,715 shares of common stock held indirectly by the Jorge Celaya Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option Grant | 31,650 | $0.00 | -- |
| Grant/Award | Stock Option Grant | 31,650 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Grant | 32,850 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Grant | 32,850 | $0.00 | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| 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 | Common Stock | -- | -- | -- |
Footnotes (1)
- These options became fully exercisable on January 1, 2025. These options became fully exercisable on January 1, 2024. 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, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months. 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 restricted stock units will vest, 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. 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. 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, 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. 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.
FAQ
What did LQDT’s CFO report on Form 4?
When were the new equity awards granted to LQDT’s CFO?
What are the vesting terms for the 32,850 RSUs at LQDT?
Do any LQDT option or RSU awards depend on performance?
What is the exercise price and expiration for the new LQDT options?