Liquidity Services CFO reports new option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
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
24 transactions reported
Mixed
24 txns
Insider
Celaya Jorge
Role
EVP & Chief Financial Officer
| 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 | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 31,650 shares (Direct);
Restricted Stock Unit Grant — 32,850 shares (Direct);
Restricted Stock Units — 20,500 shares (Direct);
Common Stock — 35,715 shares (Indirect, By the Jorge Celaya Revocable Trust)
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?
A stock option grant for 31,650 shares at $23.52 expiring 10/29/2035, and an RSU grant of 32,850 units with scheduled vesting through 01/01/2030.
When were the new equity awards granted to LQDT’s CFO?
The awards are reported with a transaction date of 10/29/2025.
What are the vesting terms for the 32,850 RSUs at LQDT?
Per the note, 25% vests on each of Jan 1, 2027, Jan 1, 2028, Jan 1, 2029, and Jan 1, 2030.
Do any LQDT option or RSU awards depend on performance?
Yes. The filing states certain options and restricted stock units vest or become exercisable based on financial milestones.
What is the exercise price and expiration for the new LQDT options?
The new options cover 31,650 shares at $23.52, expiring on 10/29/2035.