Shaffer Mark A 4

4 · LIQUIDITY SERVICES INC · Filed Nov 26, 2025

Insider Transaction Report

Form 4

Period: 2025-11-24

LIQUIDITY SERVICES INCLQDT

Shaffer Mark A

VP, Gen. Counsel & Secretary

Transactions

Exercise/Conversion
Common Stock
2025-11-24$14.00/sh+1,719$24,066→ 49,390 total(indirect: By Trust)
Sale
Common Stock
2025-11-24$28.54/sh−1,719$49,060→ 47,671 total(indirect: By Trust)
Exercise/Conversion
Common Stock
2025-11-24$22.20/sh+1,452$32,234→ 49,123 total(indirect: By Trust)
Exercise/Conversion
Common Stock
2025-11-24$14.00/sh+1,951$27,314→ 51,074 total(indirect: By Trust)
Exercise/Conversion
Stock Option Grant
2025-11-24−1,452→ 322 total
Exercise: $22.20Exp: 2031-12-07→ Common Stock (1,774 underlying)
Exercise/Conversion
Stock Option Grant
2025-11-24−1,951→ 3,035 total
Exercise: $14.00Exp: 2032-12-23→ Common Stock (4,986 underlying)
Exercise/Conversion
Stock Option Grant
2025-11-24−5,203→ 4,162 total
Exercise: $14.00Exp: 2032-12-23→ Common Stock (9,365 underlying)

Holdings

Restricted Stock Unit Grant
Exp: 2026-01-01→ Common Stock (2,180 underlying)
2,180
Restricted Stock Unit Grant
Exp: 2027-01-01→ Common Stock (6,475 underlying)
6,475
Restricted Stock Unit Grant
Exp: 2028-01-01→ Common Stock (10,972 underlying)
10,972
Restricted Stock Unit Grant
Exp: 2029-01-01→ Common Stock (12,650 underlying)
12,650
Restricted Stock Unit Grant
Exp: 2030-01-01→ Common Stock (14,250 underlying)
14,250
Restricted Stock Unit Grant
Exp: 2026-01-01→ Common Stock (5,232 underlying)
5,232
Restricted Stock Unit Grant
Exp: 2027-01-01→ Common Stock (10,241 underlying)
10,241
Stock Option Grant
Exercise: $17.31Exp: 2033-12-22→ Common Stock (8,622 underlying)
8,622
Stock Option Grant
Exercise: $21.62Exp: 2034-10-30→ Common Stock (10,700 underlying)
10,700
Stock Option Grant
Exercise: $23.52Exp: 2035-10-29→ Common Stock (13,750 underlying)
13,750
Stock Option Grant
Exercise: $22.20Exp: 2031-12-07→ Common Stock (4,644 underlying)
4,644
Stock Option Grant
Exercise: $17.31Exp: 2033-12-22→ Common Stock (11,825 underlying)
11,825

Footnotes (14)

[F1]12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
[F10]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.
[F11]These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
[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.
[F14]The reporting person exercised 5,203 stock options; 3,484 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,719 shares were acquired by the reporting person.
[F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
[F3]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
[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 will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
[F6]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.
[F7]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.
[F8]Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026
[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.

Documents

1 file

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ownership.xmlPrimary
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