Form 4: LivePerson CFO John DeNeen Collins Reports Acquisition of Restricted Stock Units

CFO and COO of LivePerson, John DeNeen Collins, reports the acquisition of 295,675 Restricted Stock Units (RSUs) and the holding of 1,222,821 unvested RSUs.

Summary

• John DeNeen Collins, CFO and COO of LivePerson, Inc., filed a Form 4 on May 19, 2025.
• The report details changes in beneficial ownership of LivePerson's common stock.
• Collins acquired 295,675 Restricted Stock Units (RSUs) on May 15, 2025, at a price of $0.
• These RSUs represent a contingent right to receive one share of common stock each and vest on the first anniversary of the grant date, contingent upon continued employment.
• Following the reported transaction, Collins beneficially owns 1,291,451 shares, including 1,222,821 unvested RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by a key executive suggests confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of RSUs by a key executive like the CFO and COO can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the reporting person's continued employment with the Issuer through the applicable vesting date.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The acquisition of RSUs is a common form of executive compensation in the tech industry, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• RSU grants are a standard component of executive compensation packages in the technology sector, similar to practices at companies like Salesforce, Zoom, and Twilio.
• The vesting schedules and grant sizes are typically benchmarked against peer companies to attract and retain talent.

Stakeholder Impact

• The acquisition of RSUs by a key executive can positively influence shareholder sentiment.

Key Dates

Keywords

Form 4, LivePerson, RSU, Restricted Stock Units, Beneficial Ownership, John DeNeen Collins, CFO, COO