Collins John DeNeen 4
Research Summary
AI-generated summary
LivePerson (LPSN) CFO/COO John DeNeen Collins Receives Award
What Happened
- John DeNeen Collins, LivePerson's CFO and COO, was reported to have acquired 1,851 shares on March 12, 2026 as an award (transaction code A). The Form 4 lists the acquisition price as $0.00 because these were performance-vesting restricted stock units (RSUs) granted previously and credited upon achievement of performance goals.
Key Details
- Transaction date: 2026-03-12; transaction type: Award/Grant (A); reported acquisition: 1,851 shares at $0.00.
- Shares/units after transaction: the filing notes 103,764 unvested restricted stock units held by the reporting person following the reported transaction.
- Footnote F1: These RSUs were originally granted in July 2022 and vested (were credited) upon formal approval of performance goals for the period July 27, 2022 through July 27, 2025 (approval on March 12, 2026).
- Footnote F2: Confirms the 103,764 unvested RSUs reported as held after the transaction.
- Filing timeliness: Form 4 was filed on 2026-03-16 for a 2026-03-12 transaction; this meets the SEC two-business-day filing window (weekend excluded).
Context
- This was an award/vesting of previously granted performance RSUs, not an open-market purchase or sale. No cash was paid to acquire these units; their realized value depends on LivePerson's share price if/when they convert to common stock and any applicable tax withholding occurs.
- Awards and vesting are part of executive compensation and do not by themselves indicate open-market buying or selling intent.