SEC Form 4 · accession 0001352618-26-000010
LIQUIDITY SERVICES INC · LQDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Angrick III
Officer — Chairman of the Board and CEO · Director · 10% Owner
Period of report
Aug 12, 2026
Accepted (ET)
Aug 12, 2026 · 5:03 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001235468
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF14 | Aug 12, 2026 | G | 115,000 | $0.00 | D | 5,113,943 | I | By the William P. Angrick III Revocable Trust |
| Common StockF14 | holding | — | — | — | 873,379 | I | By the William P. Angrick III 2005 Irrevocable Trust | |
| Common StockF1 | holding | — | — | — | 575,513 | I | By the Stephanie S. Angrick 2005 Irrevocable Trust | |
| Common StockF1 | holding | — | — | — | 114,699 | I | By the Stephanie S. Angrick Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit GrantF2,F15 | — | holding | — | — | — | — | Jan 1, 2027 | Common Stock | 17,080 | 17,080 | D |
| Restricted Stock Unit GrantF2,F16 | — | holding | — | — | — | — | Jan 1, 2028 | Common Stock | 30,817 | 30,817 | D |
| Restricted Stock Unit GrantF2,F13 | — | holding | — | — | — | — | Jan 1, 2029 | Common Stock | 47,287 | 47,287 | D |
| Restricted Stock Unit GrantF2,F18 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 80,550 | 80,550 | D |
| Restricted Stock Unit GrantF2,F5 | — | holding | — | — | — | — | Jan 1, 2027 | Common Stock | 12,327 | 12,327 | D |
| Restricted Stock Unit GrantF2,F5 | — | holding | — | — | — | — | Jan 1, 2029 | Common Stock | 31,525 | 31,525 | D |
| Restricted Stock Unit GrantF2,F5 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 80,550 | 80,550 | D |
| Stock Option GrantF6 | $9.13 | holding | — | — | — | — | Mar 3, 2027 | Common Stock | 38,000 | 38,000 | D |
| Stock Option GrantF3 | $9.13 | holding | — | — | — | — | Mar 3, 2027 | Common Stock | 27,360 | 27,360 | D |
| Stock Option GrantF7 | $4.92 | holding | — | — | — | — | Dec 11, 2027 | Common Stock | 68,938 | 68,938 | D |
| Stock Option GrantF3 | $6.72 | holding | — | — | — | — | Dec 4, 2028 | Common Stock | 124,200 | 124,200 | D |
| Stock Option GrantF8 | $6.72 | holding | — | — | — | — | Dec 4, 2028 | Common Stock | 105,247 | 105,247 | D |
| Stock Option GrantF3 | $7.36 | holding | — | — | — | — | Dec 3, 2029 | Common Stock | 139,900 | 139,900 | D |
| Stock Option GrantF10 | $7.36 | holding | — | — | — | — | Dec 3, 2029 | Common Stock | 124,401 | 124,401 | D |
| Stock Option GrantF3 | $10.41 | holding | — | — | — | — | Dec 1, 2030 | Common Stock | 131,950 | 131,950 | D |
| Stock Option GrantF19 | $10.41 | holding | — | — | — | — | Dec 1, 2030 | Common Stock | 120,692 | 120,692 | D |
| Stock Option GrantF3 | $24.42 | holding | — | — | — | — | Dec 7, 2031 | Common Stock | 56,615 | 56,615 | D |
| Stock Option GrantF4 | $24.42 | holding | — | — | — | — | Dec 7, 2031 | Common Stock | 56,615 | 56,615 | D |
| Stock Option GrantF3 | $15.40 | holding | — | — | — | — | Dec 23, 2032 | Common Stock | 53,125 | 53,125 | D |
| Stock Option GrantF11 | $15.40 | holding | — | — | — | — | Dec 23, 2032 | Common Stock | 53,125 | 53,125 | D |
| Stock Option GrantF3 | $19.04 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 50,170 | 50,170 | D |
| Stock Option GrantF12 | $19.04 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 50,170 | 50,170 | D |
| Stock Option GrantF9 | $23.78 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 53,550 | 53,550 | D |
| Stock Option GrantF3 | $23.78 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 53,550 | 53,550 | D |
| Stock Option GrantF17 | $25.87 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 71,550 | 71,550 | D |
| Stock Option GrantF3 | $25.87 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 71,550 | 71,550 | D |
Explanation of responses
- F1These shares are held in a trust for the benefit of the reporting person's spouse, who is also trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
- F10These options became fully exercisable on January 1, 2024.
- F1112/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F1212/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F13Twenty-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.
- F14These shares are held in a trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.
- F15Twenty-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.
- F16Twenty-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.
- F1712/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F18Twenty-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.
- F19These options became fully exercisable on January 1, 2025.
- F2Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- F20The transfer of shares is a charitable donation to the William and Stephanie Angrick Donor Advised Fund administered by the University of Notre Dame du Lac.
- F3These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- F4These options became fully exercisable on January 1, 2026.
- F5These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- F6These options became fully exercisable on October 1, 2020.
- F7These options became fully exercisable on October 1, 2021.
- F8These options became fully exercisable on October 1, 2022.
- F912/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.