Fall Thierno Amath 4

What Happened
Fall Thierno Amath, a director of Liquidity Services, had 4,928 restricted stock units (RSUs) vest and convert into common shares on March 1, 2026 (no cash paid). On the same date he was granted 5,694 new RSUs that carry no immediate cash value and will vest on March 1, 2027. The reported per-share price for these transactions is $0.00 because they are equity awards/settlements rather than open-market purchases or sales.

Key Details

• Transaction date: March 1, 2026 (reported on Form 4 filed March 2, 2026). Filing appears timely.
• Vesting/settlement: 4,928 RSUs vested and were converted/settled into shares (reported as exercise/conversion, code M).
• Grant: 5,694 RSUs were granted on March 1, 2026 and vest on March 1, 2027 (reported as award, code A).
• Price/value shown: $0.00 per share in the filing (typical for RSU settlement/grant entries); economic value equals the market price of the stock at settlement but is not listed here.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = each RSU equals one share economic equivalent; F2–F4 explain that the 4,928 RSUs vested (granted Mar 1, 2025, vested Mar 1, 2026) and the 5,694 RSUs were newly granted (granted Mar 1, 2026, vest Mar 1, 2027).

Context
RSU vesting and new RSU grants are common director compensation and do not necessarily signal buying or selling based on sentiment. Code M (exercise/conversion) here reflects settlement of RSUs into shares; the separate "disposed" derivative entry in the filing documents the derivative instrument being settled. Because this is compensation-related vesting and a forward-dated grant, it is more an administrative/compensation event than an insider purchase indicating increased conviction.