Form 4: LivePerson CFO John DeNeen Collins Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
LivePerson's CFO, John DeNeen Collins, sold 1,828 shares of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 11, 2025, John DeNeen Collins, CFO and COO of LivePerson Inc., sold 1,828 shares of LivePerson's common stock.
- The sale was executed automatically by the issuer to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units on April 10, 2025.
- The price per share was $0.698.
- Following the transaction, Collins beneficially owns 995,776 shares, including 927,146 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction appears to be routine, covering tax obligations related to equity compensation.
Stakeholder Impact
- The sale of shares by an insider could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Restricted stock units vested, incurring tax liability. |
| 04/11/2025 | Sale of 1,828 shares to cover tax liability. |
| 04/14/2025 | Date of signature on the Form 4 filing. |
Keywords
LivePerson, LPSN, John DeNeen Collins, CFO, COO, stock sale, Form 4, restricted stock units, tax liability, insider trading
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