STOCK TITAN

Liquidity Services CFO nets 1,367 and 1,047 RSU shares

LIQUIDITY SERVICES INC (LQDT) reported Form 4 activity by EVP & Chief Financial Officer Jorge Celaya on August 21, 2026.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LIQUIDITY SERVICES INC (LQDT) reported Form 4 activity by EVP & Chief Financial Officer Jorge Celaya on August 21, 2026. Two tranches of restricted stock units vested, covering 2,677 and 2,050 units, resulting in net issuances of 1,367 and 1,047 shares of common stock to the Jorge Celaya Revocable Trust after federal and state tax withholding by share withholding. In total, derivative securities exercised covered 4,727 underlying shares, while Celaya continues to hold multiple unexercised stock option and restricted stock unit grants with expirations extending from 2027 through 2035.

Positive

  • None.

Negative

  • None.
Insider Celaya Jorge
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit Grant F6, F5 2,677 $0.00 $0.00
Exercise Restricted Stock Unit Grant F6, F5 2,050 $0.00 $0.00
Exercise Common Stock F14 1,367 $0.00 $0.00
Exercise Common Stock F15 1,047 $0.00 $0.00
holding Restricted Stock Unit Grant F6, F8 -- -- --
holding Restricted Stock Unit Grant F6, F7 -- -- --
holding Restricted Stock Unit Grant F6, F9 -- -- --
holding Restricted Stock Unit Grant F6, F12 -- -- --
holding Restricted Stock Unit Grant F6, F5 -- -- --
holding Stock Option Grant F13 -- -- --
holding Stock Option Grant F3 -- -- --
holding Stock Option Grant F4 -- -- --
holding Stock Option Grant F10 -- -- --
holding Stock Option Grant F11 -- -- --
holding Stock Option Grant F2 -- -- --
holding Stock Option Grant F2 -- -- --
holding Stock Option Grant F2 -- -- --
holding Stock Option Grant F2 -- -- --
holding Stock Option Grant F2 -- -- --
holding Stock Option Grant F1 -- -- --
Holdings After Transaction: Restricted Stock Unit Grant — 110,517 contracts for 99,639 underlying shares (Direct); Common Stock — 69,309 shares (Indirect, By the Jorge Celaya Revocable Trust); Stock Option Grant — 186,534 contracts (Direct)
Footnotes (15)
  1. F1. These options became fully exercisable on January 1, 2025.
  2. F2. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  3. F3. 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.
  4. F4. 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.
  5. F5. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
  6. F6. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  7. F7. 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.
  8. F8. 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.
  9. F9. 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.
  10. F10. 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.
  11. F11. 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.
  12. 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.
  13. F13. These options became fully exercisable on January 1, 2026.
  14. F14. Represents the net issuance of 1,367 shares from the vesting of 2,677 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 1,310 shares.
  15. F15. Represents the net issuance of 1,047 shares from the vesting of 2,050 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 1,003 shares.
RSUs vested 2,677 units Restricted stock units that vested on August 21, 2026
RSUs vested 2,050 units Second restricted stock unit tranche vested on August 21, 2026
Net shares issued 1,367 shares Net issuance from 2,677 RSUs after 1,310 shares withheld for taxes
Net shares issued 1,047 shares Net issuance from 2,050 RSUs after 1,003 shares withheld for taxes
Derivative exercises underlying shares 4,727 shares Total underlying shares in derivative exercises reported
Stock option exercise price $22.20 per share One stock option grant on LQDT common stock expiring December 7, 2031
Stock option exercise price $14.00 per share One stock option grant on LQDT common stock expiring December 23, 2032
Unvested RSUs underlying shares 32,850 shares One restricted stock unit grant expiring January 1, 2030
Restricted Stock Unit financial
"These restricted stock units will vest, if at all, based on the Issuer's"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
net issuance financial
"Represents the net issuance of 1,367 shares from the vesting of 2,677"
vesting financial
"Twenty-five percent of this restricted stock unit grant vests on each of"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
withholding financial
"federal and state withholding due at the vesting of such restricted stock"
financial milestones financial
"become exercisable, if at all, based on the Issuer's achievement of certain financial milestones"
Stock Option Grant financial
"Stock Option Grant underlying Security Title Common Stock"

FAQ

What insider transactions did LQDT’s CFO Jorge Celaya report on August 21, 2026?

Jorge Celaya reported the vesting of two restricted stock unit grants covering 2,677 and 2,050 units, which resulted in net issuances of 1,367 and 1,047 LQDT common shares to a revocable trust after tax-related share withholding.

How many LQDT shares were net issued to the Jorge Celaya Revocable Trust?

The Jorge Celaya Revocable Trust received net issuances of 1,367 and 1,047 LQDT common shares, reflecting restricted stock units that vested with tax obligations satisfied by the issuer withholding 1,310 and 1,003 shares, respectively.

What total number of LQDT shares were involved in derivative exercises for Jorge Celaya?

Derivative exercises and conversions reported for Jorge Celaya covered 4,727 underlying shares of LQDT common stock, according to the filing’s transaction summary for derivative exercises on August 21, 2026.

Does Jorge Celaya still hold unvested restricted stock units in LQDT after these transactions?

Yes. Reported positions include restricted stock unit grants tied to 5,177, 13,387, 15,375, and two grants of 32,850 underlying LQDT shares, with vesting schedules extending through January 1, 2030, subject in some cases to financial milestones.

What stock option grants for LQDT common stock does Jorge Celaya hold?

Reported stock option grants cover underlying LQDT shares including 7,740 at an exercise price of $22.20, 16,640 at $14.00, 19,435 at $17.31, 17,350 at $21.62, 31,650 at $23.52, and others, with expirations from 2030 to 2035.

How were taxes handled on Jorge Celaya’s vested LQDT restricted stock units?

For the 2,677-unit vesting, the issuer withheld 1,310 shares for federal and state tax withholding, issuing 1,367 net shares. For the 2,050-unit vesting, the issuer withheld 1,003 shares, issuing 1,047 net shares, all to the Jorge Celaya Revocable Trust.

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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Celaya Jorge

(Last)(First)(Middle)
C/O LIQUIDITY SERVICES, INC.
6931 ARLINGTON ROAD, SUITE 460

(Street)
BETHESDA MARYLAND 20814

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LIQUIDITY SERVICES INC [ LQDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/21/2026M(14)1,367A$068,262IBy the Jorge Celaya Revocable Trust
Common Stock08/21/2026M(15)1,047A$069,309IBy the Jorge Celaya Revocable Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit Grant(6) (8)01/01/2027Common Stock5,1775,177D
Restricted Stock Unit Grant(6) (7)01/01/2028Common Stock13,38713,387D
Restricted Stock Unit Grant(6) (9)01/01/2029Common Stock15,37515,375D
Restricted Stock Unit Grant(6) (12)01/01/2030Common Stock32,85032,850D
Restricted Stock Unit Grant(6)08/21/2026M2,677 (5)01/01/2027Common Stock5,355$02,678D
Restricted Stock Unit Grant(6)08/21/2026M2,050 (5)01/01/2029Common Stock10,250$08,200D
Restricted Stock Unit Grant(6) (5)01/01/2030Common Stock32,85032,850D
Stock Option Grant$22.2 (13)12/07/2031Common Stock7,7407,740D
Stock Option Grant$14 (3)12/23/2032Common Stock16,64016,640D
Stock Option Grant$17.31 (4)12/22/2033Common Stock19,43519,435D
Stock Option Grant$21.62 (10)10/30/2034Common Stock17,35017,350D
Stock Option Grant$23.52 (11)10/29/2035Common Stock31,65031,650D
Stock Option Grant$22.2 (2)12/07/2031Common Stock3,0963,096D
Stock Option Grant$14 (2)12/23/2032Common Stock13,38713,387D
Stock Option Grant$17.31 (2)12/22/2033Common Stock21,64021,640D
Stock Option Grant$21.62 (2)10/30/2034Common Stock17,35017,350D
Stock Option Grant$23.52 (2)10/29/2035Common Stock31,65031,650D
Stock Option Grant$9.46 (1)12/01/2030Common Stock6,5966,596D
Explanation of Responses:
1. These options became fully exercisable on January 1, 2025.
2. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
3. 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.
4. 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.
5. These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
6. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
7. 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.
8. 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.
9. 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.
10. 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.
11. 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.
12. 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.
13. These options became fully exercisable on January 1, 2026.
14. Represents the net issuance of 1,367 shares from the vesting of 2,677 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 1,310 shares.
15. Represents the net issuance of 1,047 shares from the vesting of 2,050 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 1,003 shares.
/s/ Mark A. Shaffer, by power of attorney08/25/2026
** Signature of Reporting PersonDate
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).
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* Form 4: SEC 1474 (03-26)