ELLIS GEORGE H 4
4 · LIQUIDITY SERVICES INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Liquidity Services (LQDT) Director George H. Ellis Receives 4,928 Shares
What Happened
George H. Ellis, a director of Liquidity Services, received 4,928 shares on February 4, 2026 through the vesting/conversion of restricted stock units (RSUs). The Form 4 shows the shares were acquired at $0.00 (no cash paid). The filing contains two derivative entries reflecting the same vesting event tied to his retirement.
Key Details
- Transaction date: 2026-02-04; 4,928 shares; price reported $0.00 per share.
- Filing date: 2026-02-06 — appears timely (within typical Form 4 reporting window).
- Shares owned after transaction: not disclosed in the provided data.
- Footnotes: F1 — represents vesting of restricted stock units; F2 — each RSU equals one share; F3 — Ellis retired from the Board on Feb 4, 2026 and the Board accelerated vesting effective that date.
Context
This was not an open-market purchase or sale but the conversion/vesting of compensation RSUs, accelerated upon the insider’s retirement. Such transactions reflect compensation mechanics (or retirement arrangements) rather than an active buy/sell signal; they do not by themselves indicate insider bullishness or bearishness.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-04+4,928→ 16,136 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-02-04+4,928→ 0 totalExp: 2026-03-01→ Common Stock (4,928 underlying)
Footnotes (3)
- [F1]Represents the vesting of restricted stock units.
- [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- [F3]The reporting person retired from the Board of Directors on February 4, 2026 and, in recognition of his retirement, the Board of Directors accelerated the vesting of his outstanding restricted stock units effective as of the date of his retirement.