Mark A. Shaffer - 24 Nov 2025 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
VP, Gen. Counsel & Secretary
Signature
/s/ Mark A. Shaffer
Issuer symbol
LQDT
Transactions as of
24 Nov 2025
Net transactions value
+$34,554
Form type
4
Filing time
26 Nov 2025, 16:01:16 UTC
Previous filing
31 Oct 2025
Next filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shaffer Mark A VP, Gen. Counsel & Secretary C/O LIQUIDITY SERVICES, INC., 6931 ARLINGTON ROAD, SUTIE 460, BETHESDA /s/ Mark A. Shaffer 26 Nov 2025 0001677053

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $24,066 +1,719 +3.6% $14.00 49,390 24 Nov 2025 By The Mark A. Shaffer Revocable Trust F14
transaction LQDT Common Stock Sale $49,060 -1,719 -3.5% $28.54 47,671 24 Nov 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $32,234 +1,452 +3% $22.20 49,123 24 Nov 2025 By The Mark A. Shaffer Revocable Trust
transaction LQDT Common Stock Options Exercise $27,314 +1,951 +4% $14.00 51,074 24 Nov 2025 By The Mark A. Shaffer Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LQDT Stock Option Grant Options Exercise $0 -1,452 -82% $0.000000 322 24 Nov 2025 Common Stock 1,774 $22.20 Direct F1
transaction LQDT Stock Option Grant Options Exercise $0 -1,951 -39% $0.000000 3,035 24 Nov 2025 Common Stock 4,986 $14.00 Direct F4
transaction LQDT Stock Option Grant Options Exercise $0 -5,203 -56% $0.000000 4,162 24 Nov 2025 Common Stock 9,365 $14.00 Direct F3
holding LQDT Restricted Stock Unit Grant 2,180 24 Nov 2025 Common Stock 2,180 Direct F2, F8
holding LQDT Restricted Stock Unit Grant 6,475 24 Nov 2025 Common Stock 6,475 Direct F2, F9
holding LQDT Restricted Stock Unit Grant 10,972 24 Nov 2025 Common Stock 10,972 Direct F2, F10
holding LQDT Restricted Stock Unit Grant 12,650 24 Nov 2025 Common Stock 12,650 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 14,250 24 Nov 2025 Common Stock 14,250 Direct F2, F13
holding LQDT Restricted Stock Unit Grant 5,232 24 Nov 2025 Common Stock 5,232 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 12,650 24 Nov 2025 Common Stock 12,650 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 6,475 24 Nov 2025 Common Stock 6,475 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 10,241 24 Nov 2025 Common Stock 10,241 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 14,250 24 Nov 2025 Common Stock 14,250 Direct F2, F11
holding LQDT Stock Option Grant 8,622 24 Nov 2025 Common Stock 8,622 $17.31 Direct F5
holding LQDT Stock Option Grant 10,700 24 Nov 2025 Common Stock 10,700 $21.62 Direct F7
holding LQDT Stock Option Grant 13,750 24 Nov 2025 Common Stock 13,750 $23.52 Direct F12
holding LQDT Stock Option Grant 4,644 24 Nov 2025 Common Stock 4,644 $22.20 Direct F3
holding LQDT Stock Option Grant 11,825 24 Nov 2025 Common Stock 11,825 $17.31 Direct F3
holding LQDT Stock Option Grant 10,700 24 Nov 2025 Common Stock 10,700 $21.62 Direct F3
holding LQDT Stock Option Grant 13,750 24 Nov 2025 Common Stock 13,750 $23.52 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12/48th of this option grant vested on January 1, 2023 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F2 Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock.
F3 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F4 12/48th of this option grant vested on January 1, 2024 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F5 12/48th of this option grant will vest on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F6 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029.
F7 12/48th of this option grant will vest on January 1, 2026, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
F8 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2023, January 1, 2024, January 1, 2025 and January 1, 2026
F9 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
F10 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
F11 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F12 12/48th of this option grant will vest on January 1, 2027, and, thereafter, an additional 1/48th will vest each month for thirty-six months.
F13 Twenty-five percent of this restricted stock unit grant vests on each of January 1, 2027, January 1, 2028, January 1, 2029 and January 1, 2030.
F14 The reporting person exercised 5,203 stock options; 3,484 shares were withheld by the issuer to pay the cost of the options and taxes and the remaining 1,719 shares were acquired by the reporting person.