SEC Form 4 · accession 0001677053-26-000012
LIQUIDITY SERVICES INC · LQDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Shaffer
Officer — Chief Legal Officer & Corp Sec
Period of report
Aug 21, 2026
Accepted (ET)
Aug 25, 2026 · 4:26 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 Stock | Aug 21, 2026 | M | 771 | $0.00 | A | 29,169 | I | By The Mark A. Shaffer Revocable Trust |
| Common Stock | Aug 21, 2026 | M | 667 | $0.00 | A | 29,836 | I | By The Mark A. Shaffer 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 GrantF1,F8 | — | Aug 21, 2026 | M | 1,463 | D | — | Jan 1, 2027 | Common Stock | 2,926 | 1,463 | D |
| Restricted Stock Unit GrantF1,F8 | — | Aug 21, 2026 | M | 1,265 | D | — | Jan 1, 2029 | Common Stock | 6,325 | 5,060 | D |
| Stock Option GrantF3 | $14.00 | holding | — | — | — | — | Dec 23, 2032 | Common Stock | 1,734 | 1,734 | D |
| Stock Option GrantF4 | $17.31 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 4,927 | 4,927 | D |
| Stock Option GrantF6 | $21.62 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 7,133 | 7,133 | D |
| Stock Option GrantF9 | $23.52 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 13,750 | 13,750 | D |
| Stock Option GrantF2 | $22.20 | holding | — | — | — | — | Dec 7, 2031 | Common Stock | 4,644 | 4,644 | D |
| Stock Option GrantF2 | $14.00 | holding | — | — | — | — | Dec 23, 2032 | Common Stock | 2,034 | 2,034 | D |
| Stock Option GrantF2 | $17.31 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 2,365 | 2,365 | D |
| Stock Option GrantF2 | $21.62 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 7,490 | 7,490 | D |
| Stock Option GrantF2 | $23.52 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 13,750 | 13,750 | D |
| Restricted Stock Unit GrantF1,F11 | — | holding | — | — | — | — | Jan 1, 2027 | Common Stock | 3,237 | 3,237 | D |
| Restricted Stock Unit GrantF1,F7 | — | holding | — | — | — | — | Jan 1, 2028 | Common Stock | 7,315 | 7,315 | D |
| Restricted Stock Unit GrantF1,F5 | — | holding | — | — | — | — | Jan 1, 2029 | Common Stock | 9,487 | 9,487 | D |
| Restricted Stock Unit GrantF1,F10 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 14,250 | 14,250 | D |
| Restricted Stock Unit GrantF1,F8 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 14,250 | 14,250 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
- F10Twenty-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.
- F11Twenty-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.
- F12Represents the net issuance of 771 shares from the vesting of 1,463 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 692 shares.
- F13Represents the net issuance of 667 shares from the vesting of 1,265 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 598 shares.
- F2These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- F312/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F412/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F5Twenty-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.
- F612/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F7Twenty-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.
- F8These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
- F912/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.