Mark A. Shaffer - 01 Dec 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
01 Dec 2025
Net transactions value
$0
Form type
4
Filing time
03 Dec 2025, 17:05:23 UTC
Previous filing
26 Nov 2025
Next filing
05 Jan 2026
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 03 Dec 2025 0001677053

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +684 +1.3% $0.000000 51,758 01 Dec 2025 By The Mark A. Shaffer Revocable Trust F14
transaction LQDT Common Stock Options Exercise $0 +1,546 +3% $0.000000 53,304 01 Dec 2025 By The Mark A. Shaffer Revocable Trust F15

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 Restricted Stock Unit Grant Options Exercise $0 -1,295 -20% $0.000000 5,180 01 Dec 2025 Common Stock 6,475 Direct F2, F11
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,926 -29% $0.000000 7,315 01 Dec 2025 Common Stock 10,241 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 2,180 01 Dec 2025 Common Stock 2,180 Direct F2, F8
holding LQDT Restricted Stock Unit Grant 6,475 01 Dec 2025 Common Stock 6,475 Direct F2, F9
holding LQDT Restricted Stock Unit Grant 10,972 01 Dec 2025 Common Stock 10,972 Direct F2, F10
holding LQDT Restricted Stock Unit Grant 12,650 01 Dec 2025 Common Stock 12,650 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 14,250 01 Dec 2025 Common Stock 14,250 Direct F2, F13
holding LQDT Restricted Stock Unit Grant 5,232 01 Dec 2025 Common Stock 5,232 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 12,650 01 Dec 2025 Common Stock 12,650 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 14,250 01 Dec 2025 Common Stock 14,250 Direct F2, F11
holding LQDT Stock Option Grant 8,622 01 Dec 2025 Common Stock 8,622 $17.31 Direct F5
holding LQDT Stock Option Grant 10,700 01 Dec 2025 Common Stock 10,700 $21.62 Direct F7
holding LQDT Stock Option Grant 13,750 01 Dec 2025 Common Stock 13,750 $23.52 Direct F12
holding LQDT Stock Option Grant 4,644 01 Dec 2025 Common Stock 4,644 $22.20 Direct F3
holding LQDT Stock Option Grant 11,825 01 Dec 2025 Common Stock 11,825 $17.31 Direct F3
holding LQDT Stock Option Grant 10,700 01 Dec 2025 Common Stock 10,700 $21.62 Direct F3
holding LQDT Stock Option Grant 13,750 01 Dec 2025 Common Stock 13,750 $23.52 Direct F3
holding LQDT Stock Option Grant 322 01 Dec 2025 Common Stock 322 $22.20 Direct F1
holding LQDT Stock Option Grant 3,035 01 Dec 2025 Common Stock 3,035 $14.00 Direct F4
holding LQDT Stock Option Grant 4,162 01 Dec 2025 Common Stock 4,162 $14.00 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 Represents the net issuance of 684 shares from the vesting of 1,295 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 611 shares.
F15 Represents the net issuance of 1,546 shares from the vesting of 2,926 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units wassatisfied by the issuer withholding 1,380 shares.