ELLIS GEORGE H 4
Research Summary
AI-generated summary
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.