LQDT CTO reports stock option exercises and share sales on Form 4
Rhea-AI Filing Summary
Liquidity Services, Inc. (LQDT) senior vice president and chief technology officer reported multiple equity transactions on 11/24/2025. The filing shows several stock option exercises at strike prices including $14.00, $17.31 and $22.20 per share, followed by same-day sales of common stock at market prices around $28 per share. Some of the exercised shares were withheld or surrendered to the issuer to cover option costs and related taxes, including 2,388 shares with a stated market value of $66,768.48.
After all reported transactions, the officer directly beneficially owned 45,868 shares of Liquidity Services common stock. The report also lists a series of outstanding restricted stock units and stock options that vest over future dates or upon the achievement of specified financial milestones, illustrating a mix of time-based and performance-based equity incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 4,492 | $0.00 | -- |
| Exercise | Stock Option Grant | 2,106 | $0.00 | -- |
| Exercise | Stock Option Grant | 2,706 | $0.00 | -- |
| Exercise | Stock Option Grant | 4,329 | $0.00 | -- |
| Exercise | Stock Option Grant | 2,321 | $0.00 | -- |
| Exercise | Common Stock | 290 | $14.00 | $4K |
| Sale | Common Stock | 290 | $28.26 | $8K |
| Exercise | Common Stock | 1,282 | $14.00 | $18K |
| Sale | Common Stock | 1,282 | $28.26 | $36K |
| Exercise | Common Stock | 591 | $17.31 | $10K |
| Sale | Common Stock | 591 | $28.26 | $17K |
| Exercise | Common Stock | 946 | $17.31 | $16K |
| Sale | Common Stcok | 946 | $28.26 | $27K |
| Exercise | Common Stock | 2,321 | $22.00 | $51K |
| Exercise | Common Stock | 1,087 | $14.00 | $15K |
| Sale | Common Stock | 5,956 | $27.98 | $167K |
| Sale | Common Stock | 2,388 | $27.96 | $67K |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
Footnotes (1)
- These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. These options became fully exercisable on January 1, 2025. 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. 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, 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, 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 exercised 1,019 stock options; 729 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 290 shares were acquired by the reporting person. The reporting person exercised 4,492 stock options; 3,210 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,282 shares were acquired by the reporting person. The reporting person exercised 2,706 stock options; 2,115 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 591 shares were acquired by the reporting person. The reporting person exercised 4,329 stock options; 3,383 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 946 shares were acquired by the reporting person. The reporting person surrendered 2,388 shares with a market value of $66,768.48 to the issuer to pay the cost and related taxes associated with the exercise of the stock options described above (i.e., the 2,321 options with an exercise price of $22.20, and 1,087 options with an exercise price of $14.00).
FAQ
What did Liquidity Services (LQDT) disclose in this Form 4 filing?
The filing reports that the SVP & Chief Technology Officer of Liquidity Services, Inc. completed multiple stock option exercises and sales of common stock on 11/24/2025, and updates the total number of shares and derivative awards the officer beneficially owns.
Who is the reporting person in the LQDT Form 4 and what is their role?
The reporting person is an officer of Liquidity Services, Inc., serving as SVP & Chief Technology Officer, and is reporting personal transactions in the company’s equity securities.
How were taxes and exercise costs handled in the LQDT Form 4 transactions?
The explanations note that portions of the exercised shares were withheld by the issuer to pay option costs and taxes, and that the officer surrendered 2,388 shares with a market value of $66,768.48 to cover costs and related taxes for certain option exercises.
What types of equity awards are outstanding for the LQDT officer?
The report lists multiple restricted stock unit grants and stock option grants tied to Liquidity Services common stock, with specified future vesting dates and, in several cases, vesting that depends on the issuer’s achievement of certain financial milestones.