Form 4: Liquidity Services CEO Angrick Reports Transaction in Company Stock
SEC Form 4
William P. Angrick III, Chairman and CEO of Liquidity Services, Inc., reported the disposition of 39,350 shares of common stock at a price of $33.50 on February 28, 2025, along with holdings of derivative securities.
Summary
- On February 28, 2025, William P. Angrick III, the Chairman and CEO of Liquidity Services, Inc. (LQDT), reported a transaction involving the company's common stock.
- Angrick disposed of 39,350 shares of common stock at a price of $33.50 per share.
- Following the transaction, Angrick's beneficial ownership includes shares held directly and indirectly through various trusts.
- The report also details Angrick's holdings of derivative securities, including restricted stock units and stock options, with varying vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
- The details provided in this filing are consistent with the level of information typically disclosed in similar filings by executives at comparable companies.
Stakeholder Impact
- The transaction could have a minor impact on shareholders, depending on their interpretation of the insider's actions.
- The disclosure provides transparency to stakeholders regarding the executive's stock transactions.
Key Dates
| Date | Description |
|---|---|
| 01/01/2023 | 12/48th of option grant vested for some options |
| 01/01/2024 | 12/48th of option grant vested for some options |
| 01/01/2025 | 12/48th of option grant vested for some options |
| 12/22/2025 | Stock Option Grant exercisable |
| 01/01/2026 | Restricted Stock Unit Grant vests |
| 03/03/2027 | Stock Option Grant exercisable |
| 12/11/2027 | Stock Option Grant exercisable |
| 12/04/2028 | Stock Option Grant exercisable |
| 12/03/2029 | Stock Option Grant exercisable |
| 10/30/2034 | Stock Option Grant exercisable |
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