Liquidity Services (LQDT) CTO Steven Weiskircher Receives RSU Shares

What Happened
Steven Weiskircher, SVP & Chief Technology Officer of Liquidity Services, had restricted stock units convert/vest on August 21, 2026. Gross vesting totaled 3,755 RSUs (1,785 and 1,970), from which the company withheld 805 and 889 shares respectively for federal/state tax withholding, resulting in a net issuance to him of 980 and 1,081 shares (2,061 shares total). The Form 4 records these derivative conversions/exercises at $0.00 per share (no cash proceeds reported). The Form 4 was filed on August 25, 2026 (timely).

Key Details

• Transaction date: 2026-08-21; Form 4 filed: 2026-08-25 (timely — filed by the second business day).
• Reported entries: exercise/conversion of derivative securities (transaction code M).
• Gross RSUs vested: 1,785 and 1,970 (total 3,755). Shares withheld for taxes: 805 and 889 (total 1,694). Net shares issued: 980 and 1,081 (total 2,061).
• Price/value on Form 4: $0.00 reported for these conversions (common for RSU vesting/net settlement entries).
• Footnotes: F12/F13 explain the net issuance and withholding. Some awards referenced elsewhere in the filing are performance- or time-based (see footnotes F1, F3, F4–F11 for vesting schedules and milestone conditions).
• Shares owned after the transaction: not specified in the supplied data.

Context
These entries reflect RSU vesting and net issuance after tax withholding (a common, non-open-market compensation settlement). The withheld shares were used to satisfy tax obligations, not a market sale by the insider. Such compensation-related acquisitions are routine and do not necessarily signal a personal bullish open-market purchase.