Liquidity Services Inc. (LQDT) investors file amended 13G showing 0.74% stake

Rhea-AI Filing Summary

Liquidity Services Inc. received an amended Schedule 13G filing from Forum Capital Partners, LP, Staley Capital Advisers, Inc., and several associated individuals reporting their passive ownership of the company’s common stock. As of June 30, 2026, the reporting group beneficially owned 0.74% of the outstanding common stock, based on 31,181,231 shares outstanding as of May 4, 2026. The filing is Amendment No. 10 and is made pursuant to a Joint Filing Agreement among the reporting persons, who report sole voting and dispositive power over the shares attributed to them.

Key Figures

Beneficial ownership percentage: 0.74% Shares outstanding: 31,181,231 shares Group shares beneficially owned: 230,000 shares +3 more

6 metrics

Beneficial ownership percentage 0.74% Aggregate beneficial ownership of Liquidity Services common stock as of June 30, 2026

Shares outstanding 31,181,231 shares Shares issued and outstanding as of May 4, 2026

Group shares beneficially owned 230,000 shares Shares corresponding to the reporting group’s 0.74% beneficial ownership

Shares owned by James D. Roberge 119,000 shares Direct ownership of Liquidity Services common stock disclosed in Item 4

Shares owned by William F. Stotz 26,200 shares Direct ownership of Liquidity Services common stock disclosed in Item 4

Shares owned by Andrew J. Roberge 9,010 shares Direct ownership of Liquidity Services common stock disclosed in Item 4

Key Terms

Schedule 13G, beneficial owners, Rule 13d-3, Joint Filing Agreement, +1 more

5 terms

Schedule 13G regulatory

"This statement is jointly filed by the following parties in this Schedule 13G/A"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficial owners regulatory

"may be deemed pursuant to Rule 13d-3 to be the beneficial owners of all common stock"

Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.

Rule 13d-3 regulatory

"may be deemed pursuant to Rule 13d-3 of the Securities Exchange Act of 1934"

Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.

Joint Filing Agreement regulatory

"The Reporting Persons have entered into a Joint Filing Agreement dated August 12, 2026"

sole voting power financial

"5 | Sole Voting Power 230,000.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

FAQ

What percentage of LIQUIDITY SERVICES INC (LQDT) shares do the reporting persons hold?

The reporting group reports beneficial ownership of 0.74% of Liquidity Services Inc. common stock. This percentage is calculated using 31,181,231 shares outstanding as of May 4, 2026, and all ownership information is stated as of June 30, 2026.

How many LQDT shares are beneficially owned by the reporting group?

The reporting group’s 0.74% beneficial ownership corresponds to 230,000 shares of Liquidity Services Inc. common stock. This figure is based on the issuer’s reported 31,181,231 shares outstanding and is reflected in the cover pages incorporated into Item 4.

Who are the reporting persons in this Schedule 13G/A for LQDT?

The filing lists Forum Capital Partners, LP, Staley Capital Advisers, Inc., and individuals including John A. Staley, Brian M. McInerney, William F. Stotz, James D. Roberge, and Andrew J. Roberge as reporting persons, acting under a Joint Filing Agreement dated August 12, 2026.

Are any individual reporting persons directly holding LQDT shares?

Yes. The filing states that William F. Stotz owns 26,200 shares, James D. Roberge owns 119,000 shares, and Andrew J. Roberge owns 9,010 shares of Liquidity Services Inc. common stock, while other interests arise from advisory or control relationships.

Does this LQDT Schedule 13G/A indicate ownership above or below 5%?

The filing explicitly states ownership of 5 percent or less of Liquidity Services Inc.’s common stock. Item 5 confirms that the reporting persons’ aggregate beneficial ownership is below the 5% threshold that typically triggers Schedule 13D reporting.

What type of filing is this for LQDT and what does it signify?

This is an Amendment No. 10 to Schedule 13G, indicating a passive ownership report rather than an activist position. It updates the group’s beneficial ownership and confirms that their holdings remain below 5% of Liquidity Services Inc.’s outstanding common stock.

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Available on EDGAR 08/13/2026 - 02:38 PM Accepted by SEC EDGAR 08/13/2026 - 02:38 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 10)

LIQUIDITY SERVICES INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

53635B107

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

FORUM CAPITAL PARTNERS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 230,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 230,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

230,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.7 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

STALEY CAPITAL ADVISERS INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 230,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 230,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

230,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.7 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

John A. Staley, IV

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 230,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 230,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

230,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.7 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

William F. Stotz

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 256,200.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 256,200.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

256,200.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

James D. Roberge

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 349,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 349,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

349,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

Brian M. McInerney

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 230,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 230,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

230,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.7 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 53635B107

1

Names of Reporting Persons

Andrew J. Roberge

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 239,010.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 239,010.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

239,010.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LIQUIDITY SERVICES INC
(b)	Address of issuer's principal executive offices: 6931 ARLINGTON ROAD, SUITE 460, BETHESDA, MARYLAND, 20814
Item 2.
(a)	Name of person filing: This statement is jointly filed by the following parties, each referred to herein as "Reporting Person", and collectively, "Reporting Persons": Forum Capital Partners, LP, a Pennsylvania limited partnership ("Forum"); Staley Capital Advisers, Inc., a Pennsylvania corporation and registered investment adviser Mr. John A. Staley IV, Founding Partner of Staley Capital Mr. Brian M. McInerney, President Mr. William F. Stotz, Managing Director Mr. James D. Roberge, Chief Investment Officer Mr. Andrew J. Roberge, Managing Director Mr. Staley, Mr. Stotz, Mr. McInerney and Mr. James Roberge are hereinafter referred to as "Controlling Persons" of Staley Capital Advisers who may be deemed pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended, to be the beneficial owners of all common stock owned by Staley Capital clients for whom Staley Capital exercises discretion with respect to voting or disposition of the issuer's shares. The Reporting Persons have entered into a Joint Filing Agreement dated August 12, 2026, a copy of which is filed as an Exhibit to this Schedule 13G/A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934.
(b)	Address or principal business office or, if none, residence: One Oxford Centre, Suite 3950, Pittsburgh, PA 15219
(c)	Citizenship: United States of America
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 53635B107
Item 4.	Ownership
(a)	Amount beneficially owned: The information contained in each cover page to this Schedule 13G/A is incorporated by reference into this Item 4. The ownership percentage calculated herein is based on 31,181,231 shares issued and outstanding as of May 4, 2026 as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 7, 2026. All ownership information reported in the Cover Pages is as of June 30, 2026. Staley Capital does not directly own any shares of the Issuer's Common Stock. In its role as the General Partner to Forum, Staley Capital may be deemed to beneficially own the shares reported herein. The Reporting Persons express disclaim beneficial ownership of the Issuer's Common Stock reported herein, except for the following: Mr. Stotz is the owner of 26,200 shares of the Common Stock, Mr. James Roberge is the owner of 119,000 shares of the Issuer's Common Stock, and Mr. Andrew Roberge is the owner of 9,010 shares of the Issuer's Common Stock.
(b)	Percent of class: 0.74%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c)(i-iv) is set forth in Rows 5-8 of the Cover Page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FORUM CAPITAL PARTNERS

Signature:	Brian M. McInerney
Name/Title:	President
Date:	08/13/2026

STALEY CAPITAL ADVISERS INC

Signature:	Brian M. McInerney
Name/Title:	President
Date:	08/13/2026

John A. Staley, IV

Signature:	John A. Staley, IV
Name/Title:	Founding Partner
Date:	08/13/2026

William F. Stotz

Signature:	William F. Stotz
Name/Title:	Managing Director
Date:	08/13/2026

James D. Roberge

Signature:	James D. Roberge
Name/Title:	Chief Investment Officer
Date:	08/13/2026

Brian M. McInerney

Signature:	Brian M. McInerney
Name/Title:	President
Date:	08/13/2026

Andrew J. Roberge

Signature:	Andrew J. Roberge
Name/Title:	Managing Director
Date:	08/13/2026