4/A: Liquidity Services Inc. Executive Corrects Trust Information in Amended SEC Filing
SEC Filing
William P. Angrick III, Chairman and CEO of Liquidity Services Inc., files an amended Form 4 to correct a scrivener's error regarding the trust holding his shares.
Summary
- William P. Angrick III, Chairman and CEO of Liquidity Services Inc., filed an amended Form 4 (Form 4/A) with the SEC on February 28, 2025.
- The amendment corrects a previous error in the Form 4 filed on January 6, 2025, which incorrectly stated that shares were held indirectly through the William P. Angrick III 2005 Irrevocable Trust.
- The shares are actually held indirectly through the William P. Angrick III Revocable Trust.
- The filing also reports the vesting of 15,409 time-based restricted stock units on January 2, 2025.
- Following the reported transactions, Angrick beneficially owns 5,162,503 shares of common stock indirectly through the William P. Angrick III Revocable Trust.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain information that would significantly impact investor sentiment, but the correction itself is a positive sign of transparency.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Original Form 4 filed with incorrect trust information. |
| 01/02/2025 | Vesting date of 15,409 time-based restricted stock units. |
| 02/28/2025 | Date of amended Form 4/A filing to correct trust information. |
Keywords
Form 4/A, Liquidity Services Inc., William P. Angrick III, Beneficial Ownership, SEC Filing, Restricted Stock Units, Revocable Trust
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.