Collins John DeNeen 4
Research Summary
AI-generated summary
LivePerson (LPSN) CFO/COO John DeNeen Collins Sells Shares
What Happened
John DeNeen Collins, who serves as CFO and COO of LivePerson, sold 7,203 shares on 2026-05-18 at $2.18 per share, generating proceeds of $15,703. The sale was an automatic sell-to-cover to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not an open-market investment decision.
Key Details
- Transaction date and price: 2026-05-18, 7,203 shares sold at $2.18 per share (total $15,703).
- Transaction type/code: Sale (reported as S); described as an automatic sale by the issuer to cover taxes (footnote F1).
- Shares/units held after transaction: Reporting includes 84,053 unvested RSUs remaining following the transaction (footnote F2).
- Filing timeliness: Report filed 2026-05-19 for a 2026-05-18 transaction — appears timely.
Context
This was a routine sell-to-cover tied to RSU vesting (tax withholding). Such automatic disposals are common and generally reflect tax mechanics rather than a deliberate signal about the executive’s view of the company’s stock.