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LIQUIDITY SERVICES INC·4

Feb 17, 4:04 PM ET

Weiskircher Steven 4

4 · LIQUIDITY SERVICES INC · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Liquidity Services (LQDT) CTO Steven Weiskircher Receives Vesting Shares

What Happened
Steven Weiskircher, SVP & Chief Technology Officer of Liquidity Services (LQDT), had restricted stock units (RSUs) vest and corresponding derivative entries reported on Feb 13, 2026. The Form 4 shows net acquisitions of 1,591, 2,980 and 3,288 shares (each at $0.00) and related dispositions of 2,859, 5,355 and 5,910 shares (each at $0.00) representing share withholding to satisfy tax obligations. In total, 14,124 RSUs vested (gross), 6,265 shares were withheld for taxes, and 7,859 shares were issued to him net. The filing also notes 2,733 RSUs that did not vest by the end of the performance period and were forfeited.

Key Details

  • Transaction date: February 13, 2026; reported on Form 4 filed February 17, 2026. Price per share: $0.00 (compensation vesting). Transaction code: M (exercise/conversion of derivative as reported).
  • Net shares issued to insider: 7,859 (1,591 + 2,980 + 3,288). Shares withheld for taxes: 6,265 (1,268 + 2,375 + 2,622). Gross vested RSUs: 14,124. Forfeited RSUs: 2,733 (per footnote).
  • Shares owned after transaction: not specified in the supplied filing details.
  • Notable footnotes: the entries reflect RSU vesting and issuer share-withholding to satisfy federal/state withholding (F14–F16); some awards and options vest subject to company performance milestones (see F1, F5, F17).
  • Filing timeliness: Form filed Feb 17, 2026; there is no indication in the filing of a late report.

Context
These transactions are compensation-related vesting events, not open-market purchases or sales. The “dispositions” in the Form 4 represent the issuer withholding shares to cover tax withholding (a cashless tax withholding), not a market sale. The presence of forfeited RSUs indicates some performance-based awards did not meet vesting criteria. Such vesting is routine executive compensation and does not by itself signal insider market timing or a change in conviction.

Insider Transaction Report

Form 4
Period: 2026-02-13
LIQUIDITY SERVICES INCLQDT
Weiskircher Steven
SVP & Chief Technology Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F14]
    2026-02-13+1,591→ 59,227 total
  • Exercise/Conversion

    Common Stock

    [F15]
    2026-02-13+2,980→ 62,207 total
  • Exercise/Conversion

    Common Stock

    [F16]
    2026-02-13+3,288→ 65,495 total
  • Exercise/Conversion

    Restricted Stock Unit Grant

    [F4][F5][F17]
    2026-02-13−2,859→ 0 total
    Exp: 2026-01-01→ Common Stock (8,388 underlying)
  • Exercise/Conversion

    Restricted Stock Unit Grant

    [F4][F5]
    2026-02-13−5,355→ 3,570 total
    Exp: 2027-01-01→ Common Stock (8,925 underlying)
  • Exercise/Conversion

    Restricted Stock Unit Grant

    [F4][F5]
    2026-02-13−5,910→ 13,790 total
    Exp: 2029-01-01→ Common Stock (19,700 underlying)
Holdings

  • Stock Option Grant

    [F1]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (7,428 underlying)
    7,428

  • Stock Option Grant

    [F1]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (4,492 underlying)
    4,492

  • Stock Option Grant

    [F1]
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (7,215 underlying)
    7,215

  • Stock Option Grant

    [F1]
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (16,700 underlying)
    16,700

  • Stock Option Grant

    [F1]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (15,900 underlying)
    15,900

  • Stock Option Grant

    [F2]
    Exercise: $9.46Exp: 2030-12-01→ Common Stock (1,975 underlying)
    1,975

  • Stock Option Grant

    [F3]
    Exercise: $22.20Exp: 2031-12-07→ Common Stock (516 underlying)
    516

  • Stock Option Grant

    [F6]
    Exercise: $14.00Exp: 2032-12-23→ Common Stock (3,275 underlying)
    3,275

  • Stock Option Grant

    [F7]
    Exercise: $17.31Exp: 2033-12-22→ Common Stock (7,516 underlying)
    7,516

  • Stock Option Grant

    [F9]
    Exercise: $21.62Exp: 2034-10-30→ Common Stock (16,700 underlying)
    16,700

  • Stock Option Grant

    [F12]
    Exercise: $23.52Exp: 2035-10-29→ Common Stock (15,900 underlying)
    15,900

  • Restricted Stock Unit Grant

    [F4][F5]
    Exp: 2030-01-01→ Common Stock (16,500 underlying)
    16,500

  • Restricted Stock Unit Grant

    [F4][F10]
    Exp: 2027-01-01→ Common Stock (3,490 underlying)
    3,490

  • Restricted Stock Unit Grant

    [F4][F11]
    Exp: 2028-01-01→ Common Stock (8,925 underlying)
    8,925

  • Restricted Stock Unit Grant

    [F4][F8]
    Exp: 2029-01-01→ Common Stock (14,775 underlying)
    14,775

  • Restricted Stock Unit Grant

    [F4][F13]
    Exp: 2030-01-01→ Common Stock (16,500 underlying)
    16,500
Footnotes (17)
  • [F1]These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
  • [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]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]Represents the net issuance of 1,591 shares from the vesting of 2,859 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,268 shares.
  • [F15]Represents the net issuance of 2,980 shares from the vesting of 5,355 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 2,375 shares.
  • [F16]Represents the net issuance of 3,288 shares from the vesting of 5,910 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 2,622 shares.
  • [F17]The remaining 2,733 RSUs did not vest by the last day of the performance period (January 1, 2026) and as such, were forfeited in accordance with the terms of the grant.
  • [F2]These options became fully exercisable on January 1, 2025.
  • [F3]These options became fully exercisable on January 1, 2026.
  • [F4]Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
  • [F5]These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
  • [F6]12/48th of these options vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
  • [F7]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.
  • [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 will vest 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|2026-02-17

Documents

1 file
  • 4
    ownership.xmlPrimary

    4