Sabino Anthony John 4
Research Summary
AI-generated summary
LivePerson (LPSN) CEO Sabino Anthony John Sells 12,594 Shares
What Happened
Sabino Anthony John, Chief Executive Officer of LivePerson, sold 12,594 shares on March 17, 2026 in an open-market/private sale at $2.72 per share, generating roughly $34,256 in proceeds. The sale was made automatically by the issuer to cover the reporting person's tax liability arising from the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-17
- Transaction type/code: Sale (S) — open market or private sale
- Shares sold: 12,594 at $2.72 per share; proceeds ≈ $34,256
- Shares reported after the transaction: report includes 146,023 unvested RSUs held by the reporting person following the transaction (per footnote).
- Footnotes: F1 — sale executed automatically to cover tax withholding on RSU vesting; F2 — the post-transaction holdings figure includes 146,023 unvested RSUs.
- Filing timeliness: Report filed on 2026-03-17 (same day as the reported transaction).
Context
Sales to cover tax withholding on RSU vesting are common administrative transactions and do not, by themselves, indicate the insider’s broader view of the company. This was not a purchase or exercise of options; it was an automatic sale for tax purposes.