Daunt John 4

What Happened

• John Daunt, EVP and Chief Commercial Officer of Liquidity Services, sold 2,600 shares of LQDT common stock in an open-market/private sale on March 11, 2026. The shares were sold at $31.67 per share for a total proceeds of $82,342. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: 2026-03-11, 2,600 shares sold at $31.67 each.
• Total value: $82,342.
• Transaction type: Sale (reported as "S" — open market or private sale).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on 2026-03-13 for a 2026-03-11 transaction (filed within the typical two-business-day reporting window).
• Notable footnotes: The filing includes several footnotes describing vesting schedules for option grants and restricted stock units (RSUs), including monthly 1/48th vesting schedules (various start dates) and multi-year 25% annual RSU vesting schedules. Footnote F2 clarifies that each RSU equals one share of common stock; other footnotes (e.g., F3, F4) note some awards vest or become exercisable only upon achievement of certain financial milestones.

Context

• Sales by executives can be routine (liquidity, diversification, tax withholding) and do not, by themselves, indicate a change in insider sentiment. The filing does not indicate a 10b5-1 plan or that these shares were sold immediately after an option exercise.