Form 4: LivePerson Director Vanessa Pegueros Receives 80,000 Restricted Stock Units

LivePerson director Vanessa Pegueros was granted 80,000 restricted stock units (RSUs) that will fully vest on December 16, 2025.

Summary

• Vanessa Pegueros, a director at LivePerson Inc., received 80,000 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of LivePerson common stock.
• The RSUs will fully vest on December 16, 2025.
• Following this transaction, Ms. Pegueros beneficially owns 169,993 shares, including 139,881 unvested RSUs.

Sentiment

Score: 7

Explanation: The document reflects a standard practice of equity compensation for a director, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the director.

Risks

• The value of the RSUs is dependent on the future stock price of LivePerson, which is subject to market fluctuations.

Future Outlook

The RSUs will vest on December 16, 2025, contingent on continued service by the director.

Industry Context

The granting of stock-based compensation is a common practice for publicly traded companies to incentivize and retain key personnel, including directors.

Comparison to Industry Standards

• Stock-based compensation, such as RSUs, is a standard practice for directors in publicly traded companies like LivePerson.
• The vesting period of one year is also a common practice to ensure long-term alignment with company goals.
• Companies like Salesforce, Adobe, and Oracle also use similar equity compensation plans for their directors.

Stakeholder Impact

• The RSU grant may have a minor positive impact on shareholder sentiment as it aligns director interests with company performance.

Key Dates

Keywords

Restricted Stock Units, RSU, Stock Grant, Director, LivePerson, Equity Compensation, Beneficial Ownership