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LIQUIDITY SERVICES INC·4

Jul 6, 6:56 PM ET

Daunt John 4

4 · LIQUIDITY SERVICES INC · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Liquidity Services (LQDT) EVP John Daunt Exercises Options, Sells 462 Shares

What Happened

  • John Daunt, EVP & Chief Commercial Officer of Liquidity Services (LQDT), exercised options to acquire a total of 462 shares (73 shares at $17.31 and 389 shares at $21.62) for a combined exercise cost of about $9,674, and then sold those 462 shares in the open market the same day at $39.13 per share for total proceeds of about $18,078. The filing also records related derivative/conversion line items at $0.00 (see Key Details).

Key Details

  • Transaction date: July 1, 2026; Form 4 filed July 6, 2026 (filing date shown in accession).
  • Option exercises: 73 shares @ $17.31 (cost ≈ $1,264); 389 shares @ $21.62 (cost ≈ $8,410).
  • Open-market sales: 73 shares @ $39.13 (proceeds ≈ $2,856); 389 shares @ $39.13 (proceeds ≈ $15,222). Total proceeds ≈ $18,078.
  • Net cash flow (proceeds minus exercise cost) ≈ $8,404.
  • Additional derivative entries: two line items for 73 and 389 shares show $0.00 for the derivative disposition — these typically reflect the conversion/settlement of option/derivative instruments recorded separately (the filing’s footnotes describe vesting/settlement terms).
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Notable footnotes in the filing cover vesting schedules and conditions for options and restricted stock units (RSUs); e.g., several option grants vest monthly over multi-year schedules and RSUs vest in annual 25% installments (see F1–F13 and F2–F12 for details).

Context

  • This was an exercise of options followed by same-day sales (a common cashless exercise pattern): the insider paid the exercise prices to acquire shares and immediately sold them on the open market.
  • These transactions are routine insider reporting of option exercise and sale and do not by themselves indicate the insider’s longer-term view; they simply show that options were exercised and shares were monetized.

Insider Transaction Report

Form 4
Period: 2026-07-01
LIQUIDITY SERVICES INCLQDT
Daunt John
EVP, Chief Commercial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-07-01$17.31/sh+73$1,264→ 38,159 total(indirect: By Trust)
  • Sale

    Common Stock

    2026-07-01$39.13/sh−73$2,856→ 38,086 total(indirect: By Trust)
  • Exercise/Conversion

    Common Stock

    2026-07-01$21.62/sh+389$8,410→ 38,475 total(indirect: By Trust)
  • Sale

    Common Stock

    2026-07-01$39.13/sh−389$15,222→ 38,086 total(indirect: By Trust)
  • Exercise/Conversion

    Stock Option Grant

    [F6]
    2026-07-01−73→ 11,317 total
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (11,390 underlying)
  • Exercise/Conversion

    Stock Option Grant

    [F9]
    2026-07-01−389→ 15,024 total
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (15,413 underlying)
Holdings

  • Restricted Stock Unit Grant

    [F2][F10]
    Exp: 2027-01-01→ Common Stock (5,177 underlying)
    5,177

  • Restricted Stock Unit Grant

    [F2][F11]
    Exp: 2028-01-01→ Common Stock (9,662 underlying)
    9,662

  • Restricted Stock Unit Grant

    [F2][F8]
    Exp: 2029-01-01→ Common Stock (16,575 underlying)
    16,575

  • Restricted Stock Unit Grant

    [F2][F12]
    Exp: 2030-01-01→ Common Stock (25,750 underlying)
    25,750

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2027-01-01→ Common Stock (3,865 underlying)
    3,865

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2029-01-01→ Common Stock (11,050 underlying)
    11,050

  • Restricted Stock Unit Grant

    [F2][F3]
    Exp: 2030-01-01→ Common Stock (25,750 underlying)
    25,750

  • Stock Option Grant

    [F7]
    Exercise: $9.46Exp: 2030-12-01→ Common Stock (1,275 underlying)
    1,275

  • Stock Option Grant

    [F1]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (2,096 underlying)
    2,096

  • Stock Option Grant

    [F5]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (7,003 underlying)
    7,003

  • Stock Option Grant

    [F13]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (24,800 underlying)
    24,800

  • Stock Option Grant

    [F4]
    Exercise: $6.11Exp: 2028-12-04→ Common Stock (10,066 underlying)
    10,066

  • Stock Option Grant

    [F4]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (4,644 underlying)
    4,644

  • Stock Option Grant

    [F4]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (15,692 underlying)
    15,692

  • Stock Option Grant

    [F4]
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (12,365 underlying)
    12,365

  • Stock Option Grant

    [F4]
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (12,330 underlying)
    12,330

  • Stock Option Grant

    [F4]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (24,800 underlying)
    24,800
Footnotes (13)
  • [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, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
  • [F11]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.
  • [F12]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.
  • [F13]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.
  • [F2]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [F3]These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F4]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F5]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.
  • [F6]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.
  • [F7]These options became fully exercisable on January 1, 2024.
  • [F8]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.
  • [F9]12/48th of this option grant vested on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
Signature
/s/ Mark A. Shaffer, by power of attorney|2026-07-06

Documents

1 file
  • 4
    ownership.xmlPrimary

    4