Form 4: LivePerson EVP, Policy & General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Monica L. Greenberg, EVP, Policy & General Counsel of LivePerson Inc., sold 1,957 shares of common stock on April 2, 2024, to cover tax liabilities from vesting restricted stock units.
Summary
- On April 2, 2024, Monica L. Greenberg, the EVP, Policy & General Counsel of LivePerson Inc., sold 1,957 shares of common stock.
- The sale was executed at a price of $0.94 per share.
- The purpose of the sale was to cover the reporting person's tax liability incurred in connection with the vesting of restricted stock units on March 28, 2024.
- Following the transaction, Greenberg beneficially owns 207,344 shares of LivePerson Inc., which includes 172,396 unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction for covering tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.
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 has a minimal impact on shareholders as it's a small transaction by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of vesting of restricted stock units that triggered the tax liability. |
| 04/02/2024 | Date of the stock sale transaction. |
| 04/04/2024 | Date of signature on the Form 4 filing. |
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