Collins John DeNeen 4
Research Summary
AI-generated summary
LivePerson (LPSN) CFO/COO John DeNeen Sells Shares
What Happened
- John DeNeen, CFO and COO of LivePerson (LPSN), had 931 shares sold on 2026-03-17 at $2.72 each, generating $2,532. The sale was executed as an automatic issuer sale to cover the reporting person's tax liability arising from the vesting/settlement of performance-based restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-03-17 — 931 shares sold at $2.72 per share (total $2,532).
- Transaction type: Sale (open market/private sale) executed automatically to satisfy tax withholding related to RSU vesting (footnote F1).
- Shares owned after transaction: Reporting includes 103,764 unvested restricted stock units held by DeNeen following the transaction (footnote F2).
- Filing timeliness: Report filed with accession date 2026-03-17 (same day); no late filing indicated.
Context
- This was a routine withholding sale to cover taxes on vested performance-based RSUs, not a discretionary open-market sell decision by the insider. Such automatic withholding transactions are common and generally do not by themselves signal a change in insider sentiment.