Greenberg Monica L. 4
Research Summary
AI-generated summary
LivePerson (LPSN) EVP Monica Greenberg Receives Equity Award
What Happened
Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson, was credited with 833 shares on March 12, 2026 as the result of performance-vesting restricted stock units (RSUs). The Form 4 reports the acquisition price as $0.00 (award/vesting), reflecting that these were RSUs that vested upon achievement of specified performance goals. The filing notes 53,927 unvested RSUs remained held by Ms. Greenberg after this transaction.
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (timely within required reporting window).
- Transaction type/code: A — Award/Grant (acquisition via vesting).
- Shares acquired: 833; reported acquisition price: $0.00 (RSU vesting).
- Shares reported after transaction: includes 53,927 unvested RSUs held by the reporting person.
- Footnote highlights:
- F1: These were performance-vesting RSUs granted in July 2022 covering performance from July 27, 2022 through July 27, 2025; the performance results were formally approved March 12, 2026.
- F2: Reported numbers reflect LivePerson’s 1-for-15 reverse stock split effective October 13, 2025.
Context
- This was an award/vesting event, not an open-market purchase or sale; it represents compensation settling into shares rather than a cash transaction.
- Awards like vested RSUs don't necessarily indicate insider buying or selling sentiment—they reflect compensation and contractual vesting conditions tied to performance metrics.
- The reverse split noted in the filing adjusted reported unit counts; market value of the vested shares depends on LivePerson’s stock price at vesting and is not specified in the Form 4.