LIQUIDITY SERVICES INC·4

Mar 11, 5:05 PM ET

Celaya Jorge 4

Research Summary

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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.