Form 4: LivePerson Executive Sells Shares to Cover Tax Obligations

LivePerson's EVP, Policy & General Counsel, Monica L. Greenberg, sold 12,904 shares of common stock to cover tax liabilities related to vesting restricted stock units.

Summary

• Monica L. Greenberg, EVP, Policy & General Counsel at LivePerson Inc., sold 12,904 shares of common stock on January 6, 2025.
• The sale was executed at a price of $1.58 per share.
• This transaction was to cover tax liabilities incurred from the vesting of restricted stock units on January 3, 2025.
• Following the transaction, Ms. Greenberg beneficially owns 568,703 shares, which includes 441,891 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax liabilities are a common practice across publicly traded companies.
• The sale of 12,904 shares is not unusual for an executive at this level.
• The price of $1.58 per share is reflective of the current market price of the stock at the time of the transaction.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on the stock price, but it is generally considered a normal part of executive compensation.

Key Dates

Keywords

LivePerson, insider trading, stock sale, restricted stock units, tax liability, executive compensation, LPSN