Form 4: Director Jaime Mateus-Tique Adjusts Holdings in Liquidity Services

Director Jaime Mateus-Tique reports a transfer of shares between trusts and a grant of restricted stock units for Liquidity Services Inc.

Summary

• Director Jaime Mateus-Tique has reported changes in beneficial ownership of Liquidity Services Inc. (LQDT) common stock.
• A transfer of 163,208 shares occurred from the Jaime Mateus-Tique 2005 Irrevocable Trust to the Em El 2007 Irrevocable Trust.
• Following this transfer, the Jaime Mateus-Tique 2005 Irrevocable Trust no longer holds shares of the issuer's common stock.
• The reporting person continues to disclaim beneficial ownership of shares held by the Em El 2007 Irrevocable Trust.
• Additionally, 5,694 restricted stock units were granted to the reporting person, which are the economic equivalent of one share of common stock each.
• These restricted stock units vest on March 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details internal trust adjustments and standard equity grants rather than significant new investment or divestment activity by the insider.

Positives

• Director Jaime Mateus-Tique continues to hold a significant number of shares indirectly through trusts.
• The grant of restricted stock units indicates continued incentive alignment for the director.
• The transaction date of 06/09/2026 suggests ongoing engagement with the company's stock.

Negatives

• The transfer of shares between trusts, while not a sale, represents a shift in direct control or management of those assets.
• The reporting person disclaims beneficial ownership of shares held by the Em El 2007 Irrevocable Trust, which could imply a lack of direct control or influence over a substantial portion of holdings.

Risks

• Potential for future sales of shares by the trusts, which could impact stock price if significant.
• The vesting schedule of restricted stock units could influence future selling activity.
• Changes in beneficial ownership, even between related trusts, can sometimes be interpreted by the market as a signal, though the nature of this transfer is internal.

Future Outlook

The filing indicates that 5,694 restricted stock units were granted, which will vest on March 1, 2027. This suggests continued equity-based compensation for the director.

Management Comments

• The reporting person continues to disclaim beneficial ownership of the shares held by the Em El 2007 Irrevocable Trust.
• Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
• These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date (March 1, 2027).

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The activity reported by Director Jaime Mateus-Tique involves internal trust adjustments and standard equity grants, which are common practices for executives and directors in publicly traded companies, particularly within the asset disposition and remarketing industry.

Related Party Transactions

• Transfer of 163,208 shares from the Jaime Mateus-Tique 2005 Irrevocable Trust to the Em El 2007 Irrevocable Trust.

Stakeholder Impact

• Shareholders: The transfer between trusts is unlikely to have a direct immediate impact, but future potential sales from these entities could influence share price.
• Management/Employees: The grant of restricted stock units reinforces the alignment of director incentives with company performance.
• Creditors: No direct impact anticipated from this filing.

Next Steps

• Vesting of 5,694 restricted stock units on March 1, 2027.

Key Dates

Keywords

Liquidity Services Inc., LQDT, Form 4, Insider Trading, Beneficial Ownership, Director, Trust Transfer, Restricted Stock Units, SEC Filing, Jaime Mateus-Tique