Form 4: LivePerson EVP, Policy & General Counsel Sells Shares to Cover Tax Obligations

Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson Inc., sold 8,473 shares of common stock on July 30, 2024, to cover tax liabilities from vesting restricted stock units.

Summary

• On July 30, 2024, Monica L. Greenberg, the EVP, Policy & General Counsel of LivePerson Inc., sold 8,473 shares of common stock.
• The sale was executed at a price of $1.37 per share.
• This transaction was conducted to cover the reporting person's tax liability incurred from the vesting of restricted stock units on July 29, 2024.
• Following the transaction, Greenberg beneficially owns 216,048 shares of LivePerson Inc., which includes 150,113 unvested restricted stock units.
• The reported number of securities beneficially owned includes an update to include restricted stock units reported on Table I of a Form 4 timely filed on May 19, 2020, and included in Amendment No. 1 to the issuer's Annual Report on Form 10-K/A filed on April 29, 2024, but inadvertently not included in the calculations in certain previous Form 4 filings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock sale to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine Form 4 filing related to an insider transaction. It is common for executives to sell shares to cover tax obligations related to vesting equity awards.

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