Form 4: LivePerson EVP Monica L. Greenberg Sells Shares to Cover Tax Obligations
SEC Form 4
Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson Inc., sold 34,441 shares of common stock on August 12, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 12, 2024, Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson Inc., sold 34,441 shares of common stock.
- The sale was executed at a price of $1.12 per share.
- The transaction was conducted to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units.
- Following the transaction, Greenberg directly owns 181,607 shares of LivePerson Inc., which includes 72,473 unvested restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations; no indication of positive or negative outlook.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock sale and vesting of restricted stock units. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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.