Trust linked to Liquidity Services (LQDT) EVP sells 2,600 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc EVP and Chief Commercial Officer John Daunt reported an open-market sale by The Daunt Family Trust of 2,600 shares of common stock at $31.67 per share. After this indirect sale, the trust holds 45,452 common shares.
Daunt also reports direct holdings of multiple restricted stock units and stock options tied to Liquidity Services common stock, including awards such as 0-cost RSUs and options with exercise prices ranging from $6.11 to $23.52 per share that vest or become exercisable based on specified financial milestones and vesting schedules extending through 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,600 shares ($82,342)
Net Sell
20 txns
Insider
Daunt John
Role
EVP, Chief Commercial Officer
Sold
2,600 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,600 | $31.67 | $82K |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
| holding | Stock Option Grant | -- | -- | -- |
Holdings After Transaction:
Common Stock — 45,452 shares (Indirect, By The Daunt Family Trust);
Restricted Stock Unit Grant — 5,177 shares (Direct);
Stock Option Grant — 1,275 shares (Direct)
Footnotes (1)
- 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months. Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones. These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones. 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months. 12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months. These options became fully exercisable on January 1, 2024. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029. 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028. Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030. 12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
FAQ
What insider transaction did Liquidity Services (LQDT) report for John Daunt?
Liquidity Services reported that The Daunt Family Trust, associated with EVP and Chief Commercial Officer John Daunt, sold 2,600 shares of common stock in an open-market transaction. The sale was executed at a price of $31.67 per share on March 11, 2026.
What restricted stock units does John Daunt hold in Liquidity Services (LQDT)?
John Daunt holds several restricted stock unit grants, each economically equivalent to one Liquidity Services common share. These RSUs include tranches such as 5,177 and 9,662 underlying shares, with vesting tied to specific dates and the company’s achievement of defined financial milestones.
What stock options linked to Liquidity Services (LQDT) does John Daunt report?
Daunt reports multiple stock option grants on Liquidity Services common stock with exercise prices including $6.11, $9.46, $14.00, $17.31, $21.62 and $23.52. These options have expiration dates spanning from 2028 through 2035 and vest according to stated schedules and performance conditions.
Do John Daunt’s Liquidity Services (LQDT) equity awards depend on performance milestones?
Yes. Certain restricted stock units and stock options reported by John Daunt vest or become exercisable only if Liquidity Services achieves specified financial milestones. Footnotes also describe time-based vesting schedules, with some awards vesting in installments over several years starting on defined January 1 dates.