Celaya Jorge 4
4 · LIQUIDITY SERVICES INC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Liquidity Services (LQDT) CFO Jorge Celaya Sells Shares
What Happened Jorge Celaya, Chief Financial Officer of Liquidity Services (LQDT), reported two open-market sales totaling 8,127 shares for combined proceeds of $261,077. On 2026-03-09 he sold 7,914 shares at $32.10 each for $254,039, and on 2026-03-10 he sold 213 shares at $33.04 each for $7,038. These were sales (not purchases or option exercises) and are typically routine insider liquidity events.
Key Details
- Transaction dates/prices:
- 2026-03-09: Sold 7,914 shares at $32.10 — $254,039.
- 2026-03-10: Sold 213 shares at $33.04 — $7,038.
- Total shares sold: 8,127; total proceeds: $261,077.
- Filing info: Form 4 filed 2026-03-11 (reporting period 2026-03-09); filing appears to be within the typical 2-business-day reporting window.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes in the filing (F1–F13) describe the insider’s option and restricted-stock-unit vesting schedules — e.g., some options became fully exercisable (F1, F3), several RSU grants vest in annual installments (F8–F13), and some awards are performance-based (F2, F6). F7 notes each RSU equals one share.
- No 10b5-1 trading plan or tax-withholding/cashless-exercise detail is indicated in the provided excerpt.
Context Insider sales can be for many personal or financial-planning reasons and do not by themselves indicate the company’s prospects. The filing also documents multiple grants with staged vesting and performance conditions, which can explain future potential share issuance — but these sales were straightforward open-market disposals, not option exercises or awards being received.
Insider Transaction Report
- Sale
Common Stock
2026-03-09$32.10/sh−7,914$254,039→ 49,082 total(indirect: By Trust) - Sale
Common Stock
2026-03-10$33.04/sh−213$7,038→ 48,869 total(indirect: By Trust)
- 5,177
Restricted Stock Unit Grant
[F7][F9]Exp: 2027-01-01→ Common Stock (5,177 underlying) - 13,387
Restricted Stock Unit Grant
[F7][F8]Exp: 2028-01-01→ Common Stock (13,387 underlying) - 15,375
Restricted Stock Unit Grant
[F7][F10]Exp: 2029-01-01→ Common Stock (15,375 underlying) - 32,850
Restricted Stock Unit Grant
[F7][F13]Exp: 2030-01-01→ Common Stock (32,850 underlying) - 5,355
Restricted Stock Unit Grant
[F7][F6]Exp: 2027-01-01→ Common Stock (5,355 underlying) - 14,350
Restricted Stock Unit Grant
[F7][F6]Exp: 2029-01-01→ Common Stock (14,350 underlying) - 20,500
Restricted Stock Unit Grant
[F7][F6]Exp: 2029-01-01→ Common Stock (20,500 underlying) - 32,850
Restricted Stock Unit Grant
[F7][F6]Exp: 2030-01-01→ Common Stock (32,850 underlying) - 47,560
Stock Option Grant
[F1]Exercise: $9.46Exp: 2030-12-01→ Common Stock (47,560 underlying) - 7,740
Stock Option Grant
[F3]Exercise: $22.20Exp: 2031-12-07→ Common Stock (7,740 underlying) - 16,640
Stock Option Grant
[F4]Exercise: $14.00Exp: 2032-12-23→ Common Stock (16,640 underlying) - 21,640
Stock Option Grant
[F5]Exercise: $17.31Exp: 2033-12-22→ Common Stock (21,640 underlying) - 17,350
Stock Option Grant
[F11]Exercise: $21.62Exp: 2034-10-30→ Common Stock (17,350 underlying) - 31,650
Stock Option Grant
[F12]Exercise: $23.52Exp: 2035-10-29→ Common Stock (31,650 underlying) - 55,050
Stock Option Grant
[F2]Exercise: $9.46Exp: 2030-12-01→ Common Stock (55,050 underlying) - 7,740
Stock Option Grant
[F2]Exercise: $22.20Exp: 2031-12-07→ Common Stock (7,740 underlying) - 16,640
Stock Option Grant
[F2]Exercise: $14.00Exp: 2032-12-23→ Common Stock (16,640 underlying) - 21,640
Stock Option Grant
[F2]Exercise: $17.31Exp: 2033-12-22→ Common Stock (21,640 underlying) - 17,350
Stock Option Grant
[F2]Exercise: $21.62Exp: 2034-10-30→ Common Stock (17,350 underlying) - 31,650
Stock Option Grant
[F2]Exercise: $23.52Exp: 2035-10-29→ Common Stock (31,650 underlying)
Footnotes (13)
- [F1]These options became fully exercisable on January 1, 2025.
- [F10]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.
- [F11]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.
- [F12]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.
- [F13]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.
- [F2]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- [F3]These options became fully exercisable on January 1, 2026.
- [F4]12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- [F5]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.
- [F6]These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- [F7]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- [F8]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.
- [F9]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.