Form 4: Weiskircher Steven reports acquisition/exercise transactions in LQDT

Rhea-AI Filing Summary

Weiskircher Steven reported acquisition or exercise transactions in a Form 4 filing for LQDT. The filing lists transactions totaling 21,983 shares. Following the reported transactions, holdings were 3,570 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Weiskircher Steven

(Last) (First) (Middle)

C/O LIQUIDITY SERVICES, INC.

6931 ARLINGTON ROAD SUITE 460

(Street)

BETHESDA MD 20814

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/13/2026		M(14)		1,591	A	$0	59,227	D
Common Stock	02/13/2026		M(15)		2,980	A	$0	62,207	D
Common Stock	02/13/2026		M(16)		3,288	A	$0	65,495	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option Grant	$22.2							(1)	12/07/2031	Common Stock	7,428		7,428	D
Stock Option Grant	$14							(1)	12/23/2032	Common Stock	4,492		4,492	D
Stock Option Grant	$17.31							(1)	12/22/2033	Common Stock	7,215		7,215	D
Stock Option Grant	$21.62							(1)	10/30/2034	Common Stock	16,700		16,700	D
Stock Option Grant	$23.52							(1)	10/29/2035	Common Stock	15,900		15,900	D
Stock Option Grant	$9.46							(2)	12/01/2030	Common Stock	1,975		1,975	D
Stock Option Grant	$22.2							(3)	12/07/2031	Common Stock	516		516	D
Stock Option Grant	$14							(6)	12/23/2032	Common Stock	3,275		3,275	D
Stock Option Grant	$17.31							(7)	12/22/2033	Common Stock	7,516		7,516	D
Stock Option Grant	$21.62							(9)	10/30/2034	Common Stock	16,700		16,700	D
Stock Option Grant	$23.52							(12)	10/29/2035	Common Stock	15,900		15,900	D
Restricted Stock Unit Grant	(4)	02/13/2026		M			2,859	(5)	01/01/2026	Common Stock	8,388	$0	0(17)	D
Restricted Stock Unit Grant	(4)	02/13/2026		M			5,355	(5)	01/01/2027	Common Stock	8,925	$0	3,570	D
Restricted Stock Unit Grant	(4)	02/13/2026		M			5,910	(5)	01/01/2029	Common Stock	19,700	$0	13,790	D
Restricted Stock Unit Grant	(4)							(5)	01/01/2030	Common Stock	16,500		16,500	D
Restricted Stock Unit Grant	(4)							(10)	01/01/2027	Common Stock	3,490		3,490	D
Restricted Stock Unit Grant	(4)							(11)	01/01/2028	Common Stock	8,925		8,925	D
Restricted Stock Unit Grant	(4)							(8)	01/01/2029	Common Stock	14,775		14,775	D
Restricted Stock Unit Grant	(4)							(13)	01/01/2030	Common Stock	16,500		16,500	D

Explanation of Responses:

1. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.

2. These options became fully exercisable on January 1, 2025.

3. These options became fully exercisable on January 1, 2026.

4. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.

5. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.

6. 12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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. 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.

13. 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.

14. Represents the net issuance of 1,591 shares from the vesting of 2,859 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,268 shares.

15. Represents the net issuance of 2,980 shares from the vesting of 5,355 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 2,375 shares.

16. Represents the net issuance of 3,288 shares from the vesting of 5,910 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 2,622 shares.

17. The remaining 2,733 RSUs did not vest by the last day of the performance period (January 1, 2026) and as such, were forfeited in accordance with the terms of the grant.

	/s/ Mark A. Shaffer, by power of attorney	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Liquidity Services (LQDT) report for Steven Weiskircher?

Liquidity Services reported that SVP & Chief Technology Officer Steven Weiskircher had several restricted stock unit awards vest and convert into common stock. The Form 4 details multiple RSU conversions on February 13, 2026 and the resulting common shares he directly owns after required tax withholdings.

How many Liquidity Services (LQDT) shares does Steven Weiskircher own after this Form 4?

After the reported transactions, Steven Weiskircher directly owns 65,495 shares of Liquidity Services common stock. This total reflects net shares issued to him from restricted stock unit vestings on February 13, 2026, after the issuer withheld some shares to cover federal and state tax obligations.

What happened to Steven Weiskircher’s restricted stock units in the latest Liquidity Services (LQDT) filing?

Several restricted stock unit grants vested and converted into Liquidity Services common stock, providing net share issuances to Steven Weiskircher. Footnotes also explain that 2,733 RSUs failed to meet performance conditions by January 1, 2026 and were forfeited according to the original grant terms.

Did Steven Weiskircher buy or sell Liquidity Services (LQDT) shares on the market?

The Form 4 describes equity awards vesting and converting into common stock at a zero exercise price, not open-market purchases or sales. Shares were delivered to Steven Weiskircher upon restricted stock unit vesting, with some shares withheld by the company to satisfy tax withholding requirements.

What types of equity awards does Steven Weiskircher hold at Liquidity Services (LQDT)?

The filing shows Steven Weiskircher holding stock options and restricted stock unit grants tied to Liquidity Services common stock. Many of these options and RSUs vest over time or based on the company’s achievement of specific financial milestones, with various future vesting and expiration dates disclosed.

Were any performance-based Liquidity Services (LQDT) RSUs forfeited in this Form 4?

Yes. The footnotes state that 2,733 restricted stock units did not vest by the last day of the performance period, January 1, 2026. Because the applicable performance conditions were not met, these RSUs were forfeited under the terms governing the original equity grant.