Liquidity Services Inc. ownership update: Staley Capital Advisers, Inc. and five related reporting persons filed an Amendment No. 9 to Schedule 13G reporting beneficial ownership positions in the issuer.
The filing cites 31,013,881 shares outstanding as of February 2, 2026 and shows individual holdings ranging from 539,355 to 658,355 shares (approximately 1.7%–2.1% of the class).
Positive
None.
Negative
None.
Insights
Staley Capital and affiliated persons report small, non-controlling stakes in LQDT.
The filing lists beneficial ownership amounts for Staley Capital Advisers and five related reporting persons tied to the firm, with share counts between 539,355 and 658,355. The filing references February 2, 2026 for the outstanding share base of 31,013,881.
The positions are each below 5%, indicating routine institutional disclosures rather than a controlling stake; subsequent filings would show any material position changes.
Key Figures
Shares outstanding:31,013,881 sharesStaley Capital - reported holding (example):539,355 sharesWilliam F. Stotz - reported holding:565,555 shares+2 more
5 metrics
Shares outstanding31,013,881 sharesas of February 2, 2026
Staley Capital - reported holding (example)539,355 sharesStaley Capital Advisers / John A. Staley IV reported amount
William F. Stotz - reported holding565,555 sharesManaging Director reported amount
James D. Roberge - reported holding658,355 sharesChief Investment Officer reported amount
Percent of class (range)1.7%–2.1%calculated against 31,013,881 shares outstanding
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power
3 terms
Schedule 13G/Aregulatory
"This statement is jointly filed by the following parties"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"Amount beneficially owned: The ownership information contained"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Staley Capital Advisers reports beneficial ownership through reporting persons, with individual holdings shown between 539,355 and 658,355 shares. The filing references 31,013,881 shares outstanding as of February 2, 2026, giving each holder roughly 1.7%–2.1%.
Does the Schedule 13G/A indicate control of Liquidity Services (LQDT)?
No. Each reporting person’s stake is below 5% and the filing is a passive ownership disclosure. The reported positions (up to 658,355 shares) do not indicate a controlling stake under the reported outstanding share base of 31,013,881.
What outstanding share count does the filing use for LQDT?
The filing uses a share base of 31,013,881 shares outstanding as of February 2, 2026, cited from the issuer’s Form 10-Q. That figure is the anchor for the percent-of-class calculations reported in this amendment.
Who are the named reporting persons on the filing for LQDT?
The statement is jointly filed by Staley Capital Advisers, Inc. and five related individuals: John A. Staley IV, William F. Stotz, James D. Roberge, Brian M. McInerney, and Andrew J. Roberge, with a principal address in Pittsburgh, PA.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 9)
LIQUIDITY SERVICES INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
53635B107
(CUSIP Number)
03/31/2026
(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
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
539,355.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
539,355.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
539,355.00
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)
1.7 %
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
539,355.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
539,355.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
539,355.00
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)
1.7 %
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
565,555.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
565,555.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
565,555.00
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)
1.8 %
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
658,355.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
658,355.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
658,355.00
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)
2.1 %
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
539,555.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
539,555.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
539,555.00
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)
1.7 %
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
548,365.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
548,365.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
548,365.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
This statement is jointly filed by the following parties, collectively, "Reporting Persons":
Staley Capital Advisers, Inc. a Pennsylvania corporation and registered investment adviser
Mr. John A. Staley IV, Founding Partner
Mr. William F. Stotz, Managing Director
Mr. James D. Roberge, Chief Investment Officer
Mr. Brian McInerney, President
Mr. Andrew J. Roberge, Managing Director
(b)
Address or principal business office or, if none, residence:
The principal business address for the Reporting Persons is:
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 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The ownership information contained in each Reporting Person's cover page to this Schedule 13G/A is incorporated by reference into this Item 4. Such information is based upon 31,013,881 shares issued and outstanding as of February 2, 2026, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on February 5, 2026.
(b)
Percent of class:
The information contained in each Reporting Person's cover page to this Schedule 13G/A is incorporated by reference into this Item 4.
(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 acquired and are held in the ordinary course of business and 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.
