STOCK TITAN

LivePerson (LPSN) CEO has shares sold automatically to cover RSU tax bill

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LivePerson Inc. disclosed that Chief Executive Officer Anthony John Sabino had 3,405 shares of common stock sold on his behalf at $2.009 per share. According to the footnote, the issuer sold these shares automatically to cover the CEO’s tax liability from vesting restricted stock units, rather than a discretionary open-market sale.

After this transaction, Sabino directly holds 176,889 common shares, and this number includes 135,271 unvested restricted stock units that remain subject to vesting conditions.

Positive

  • None.

Negative

  • None.
Insider Sabino Anthony John
Role Chief Executive Officer
Sold 3,405 shs ($7K)
Type Security Shares Price Value
Sale Common Stock 3,405 $2.009 $7K
Holdings After Transaction: Common Stock — 176,889 shares (Direct, null)
Footnotes (1)
  1. Shares sold automatically by the issuer in order to cover the reporting person's tax liability incurred in connection with the vesting of the reporting person's restricted stock units. Number reported includes 135,271 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Shares sold 3,405 shares Common stock sold to cover tax liability
Sale price $2.009 per share Price for the 3,405 shares sold
Shares held after 176,889 shares CEO direct common stock holdings after transaction
Unvested RSUs 135,271 units Unvested restricted stock units held after transaction
restricted stock units financial
"tax liability incurred in connection with the vesting of the reporting person's restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Chief Executive Officer financial
"officer_title": "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sabino Anthony John

(Last)(First)(Middle)
C/O LIVEPERSON
530 7TH AVE, FLOOR M1

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LIVEPERSON INC [ LPSN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026S3,405(1)D$2.009176,889(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares sold automatically by the issuer in order to cover the reporting person's tax liability incurred in connection with the vesting of the reporting person's restricted stock units.
2. Number reported includes 135,271 unvested restricted stock units granted to and held by the reporting person following the reported transaction.
Remarks:
/s/ Monica L. Greenberg, Attorney-in-Fact for Anthony John Sabino06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did LivePerson (LPSN) report in this Form 4 filing?

LivePerson reported that CEO Anthony John Sabino had 3,405 common shares sold at $2.009 each. The issuer executed the sale automatically to cover tax obligations from vesting restricted stock units, rather than as a discretionary open-market sale by the CEO.

How many LivePerson (LPSN) shares were sold for the CEO’s taxes?

A total of 3,405 LivePerson common shares were sold at $2.009 per share. The filing states these shares were sold automatically by the issuer to cover the CEO’s tax liability arising from the vesting of his restricted stock units.

Does the LivePerson (LPSN) CEO still hold a significant share position after this sale?

Yes. After the tax-related sale, CEO Anthony John Sabino directly holds 176,889 LivePerson common shares. This figure includes 135,271 unvested restricted stock units that are still subject to vesting conditions, indicating a continued sizable equity stake.

Was the LivePerson (LPSN) CEO’s share sale a discretionary open-market trade?

No. The footnote explains the issuer sold 3,405 shares automatically to cover the CEO’s tax liability from vesting restricted stock units. This makes the transaction a routine, tax-related disposition rather than a discretionary open-market sale by the executive.

What are the restricted stock units mentioned in the LivePerson (LPSN) Form 4?

The filing notes the CEO holds 135,271 unvested restricted stock units after the transaction. These RSUs represent the right to receive common shares in the future, subject to vesting terms like continued employment or performance conditions set by LivePerson.