Form 4: LivePerson EVP, Policy & General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4
Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson Inc., sold 1,123 shares of common stock on April 10, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 10, 2024, Monica L. Greenberg, the EVP, Policy & General Counsel of LivePerson Inc., sold 1,123 shares of the company's common stock.
- The sale was executed at a price of $0.76 per share.
- This transaction was conducted to cover the reporting person's tax liability incurred from the vesting of restricted stock units on April 9, 2024.
- Following the reported transaction, Greenberg beneficially owns 206,221 shares, which includes 169,721 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
Industry Context
This is a routine transaction where an executive sells shares to cover tax obligations arising from the vesting of restricted stock units, a common practice in publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of vesting of restricted stock units, leading to tax liability. |
| 04/10/2024 | Date of stock sale to cover tax obligations. |
| 04/11/2024 | Date of signature on the Form 4 filing. |
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