Form 4: Liquidity Services EVP John Daunt Reports Stock Transactions
SEC Form 4
EVP, Chief Commercial Officer of Liquidity Services, John Daunt, reports transactions involving common stock and restricted stock units, including acquisitions and disposals, primarily through The Daunt Family Trust.
Summary
- John Daunt, EVP, Chief Commercial Officer of Liquidity Services, filed a Form 4 detailing changes in beneficial ownership.
- The transactions occurred on January 2, 2025.
- Daunt acquired and disposed of common stock through the vesting of restricted stock units and subsequent sales to cover taxes and fees.
- These transactions were conducted both directly and indirectly through The Daunt Family Trust.
- The reported transactions involve multiple restricted stock unit grants and stock option grants with varying vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership adjustments.
Key Dates
| Date | Description |
|---|---|
| 01/01/2021 | 12/48th of one stock option grant vested. |
| 01/01/2022 | 25% of one restricted stock unit grant vested. |
| 01/01/2023 | 12/48th of one option grant vested and 25% of one restricted stock unit grant vested. |
| 01/01/2024 | 12/48th of one option grant vested and 25% of one restricted stock unit grant vested. |
| 01/01/2025 | 25% of one restricted stock unit grant will vest. |
| 01/01/2026 | 25% of multiple restricted stock unit grants will vest. |
| 01/01/2027 | 25% of multiple restricted stock unit grants will vest. |
| 01/01/2028 | 25% of one restricted stock unit grant will vest. |
| 01/01/2029 | 25% of one restricted stock unit grant will vest. |
| 12/01/2030 | Expiration date for one stock option grant. |
| 12/07/2031 | Expiration date for multiple stock option grants. |
| 12/23/2032 | Expiration date for multiple stock option grants. |
| 12/22/2033 | Expiration date for multiple stock option grants. |
| 10/30/2034 | Expiration date for multiple stock option grants. |
| 01/02/2025 | Date of earliest transaction reported. |
| 01/06/2025 | Date of filing. |
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