SEC Form 4 · accession 0001825422-26-000012
LIQUIDITY SERVICES INC · LQDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Novelette Murray
Officer — Chief Human Resources Officer
Period of report
Aug 21, 2026
Accepted (ET)
Aug 25, 2026 · 4:28 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 | 548 | $0.00 | A | 36,317 | D | |
| Common Stock | Aug 21, 2026 | J | 548 | $43.12 | D | 35,769 | D | |
| Common Stock | Aug 21, 2026 | M | 486 | $0.00 | A | 36,255 | D | |
| Common Stock | Aug 21, 2026 | J | 486 | $43.12 | D | 35,769 | D |
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,F3 | — | Aug 21, 2026 | M | 1,071 | D | — | Jan 1, 2027 | Common Stock | 2,142 | 1,071 | D |
| Restricted Stock Unit GrantF1,F3 | — | Aug 21, 2026 | M | 950 | D | — | Jan 1, 2029 | Common Stock | 4,750 | 3,800 | D |
| Restricted Stock Unit GrantF1,F9 | — | holding | — | — | — | — | Jan 1, 2027 | Common Stock | 2,589 | 2,589 | D |
| Restricted Stock Unit GrantF1,F10 | — | holding | — | — | — | — | Jan 1, 2028 | Common Stock | 5,355 | 5,355 | D |
| Restricted Stock Unit GrantF1,F8 | — | holding | — | — | — | — | Jan 1, 2029 | Common Stock | 7,125 | 7,125 | D |
| Restricted Stock Unit GrantF1,F12 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 10,550 | 10,550 | D |
| Restricted Stock Unit GrantF1,F2 | — | holding | — | — | — | — | Jan 1, 2030 | Common Stock | 10,550 | 10,550 | D |
| Stock Option GrantF4 | $22.20 | holding | — | — | — | — | Dec 7, 2031 | Common Stock | 3,269 | 3,269 | D |
| Stock Option GrantF5 | $14.00 | holding | — | — | — | — | Dec 23, 2032 | Common Stock | 4,333 | 4,333 | D |
| Stock Option GrantF6 | $17.31 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 6,248 | 6,248 | D |
| Stock Option GrantF11 | $23.50 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 10,150 | 10,150 | D |
| Stock Option GrantF3 | $23.50 | holding | — | — | — | — | Oct 29, 2035 | Common Stock | 10,150 | 10,150 | D |
| Stock Option GrantF7 | $21.62 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 6,745 | 6,745 | D |
| Stock Option GrantF3 | $17.31 | holding | — | — | — | — | Dec 22, 2033 | Common Stock | 1,732 | 1,732 | D |
| Stock Option GrantF3 | $21.62 | holding | — | — | — | — | Oct 30, 2034 | Common Stock | 5,600 | 5,600 | 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, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
- F1112/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
- F12Twenty-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.
- F13Represents the net issuance of 548 shares from the vesting of 1,071 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 523 shares.
- F14In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 548 shares received by the reporting person in connection with the vesting of 1,071 restricted stock units.
- F15Represents the net issuance of 486 shares from the vesting of 950 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 464 shares.
- F16In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 486 shares received by the reporting person in connection with the vesting of 950 restricted stock units.
- F2These restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
- F3These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
- F412/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F512/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F612/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F712/48th of this option grant will vest on January 1, 2026 and thereafter, an additional 1/48th will vest each month for thirty-six months.
- F8Twenty-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.
- F9Twenty-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.