Form 4: LivePerson Director Vanessa Pegueros Sells 30,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Vanessa Pegueros, a director at LivePerson Inc., sold 30,000 shares of common stock at $0.9 per share on March 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 21, 2025, Vanessa Pegueros, a director of LivePerson Inc., sold 30,000 shares of the company's common stock.
- The sale was executed at a price of $0.9 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 20, 2024.
- Following the transaction, Pegueros directly owns 139,993 shares, which includes 80,000 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Sales by company directors are a normal part of corporate governance. The use of a 10b5-1 plan suggests the director is selling shares in a pre-planned way to avoid insider trading concerns.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| November 20, 2024 | Date the Rule 10b5-1 trading plan was adopted by Vanessa Pegueros. |
| March 21, 2025 | Date of the stock sale transaction. |
| March 25, 2025 | Date of the Form 4 filing. |
Keywords
LivePerson, Director, Vanessa Pegueros, Stock Sale, Form 4, 10b5-1 Plan, Insider Trading
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