Mark A. Shaffer - 13 Feb 2026 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
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
17 Feb 2026, 16:06:26 UTC
Previous 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 17 Feb 2026 0001677053

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1,794 +2.9% $0.000000 63,122 13 Feb 2026 By The Mark A. Shaffer Revocable Trust F12
transaction LQDT Common Stock Options Exercise $0 +2,973 +4.7% $0.000000 66,095 13 Feb 2026 By The Mark A. Shaffer Revocable Trust F13
transaction LQDT Common Stock Options Exercise $0 +2,571 +3.9% $0.000000 68,666 13 Feb 2026 By The Mark A. Shaffer Revocable Trust F14

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 -2,648 -100% $0.000000 0 13 Feb 2026 Common Stock 5,180 Direct F2, F9, F16
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -4,389 -60% $0.000000 2,926 13 Feb 2026 Common Stock 7,315 Direct F2, F9
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -3,795 -30% $0.000000 8,855 13 Feb 2026 Common Stock 12,650 Direct F2, F9
holding LQDT Stock Option Grant 322 13 Feb 2026 Common Stock 322 $22.20 Direct F1
holding LQDT Stock Option Grant 3,035 13 Feb 2026 Common Stock 3,035 $14.00 Direct F4
holding LQDT Stock Option Grant 8,622 13 Feb 2026 Common Stock 8,622 $17.31 Direct F5
holding LQDT Stock Option Grant 10,700 13 Feb 2026 Common Stock 10,700 $21.62 Direct F7
holding LQDT Stock Option Grant 13,750 13 Feb 2026 Common Stock 13,750 $23.52 Direct F10
holding LQDT Stock Option Grant 4,644 13 Feb 2026 Common Stock 4,644 $22.20 Direct F3
holding LQDT Stock Option Grant 4,162 13 Feb 2026 Common Stock 4,162 $14.00 Direct F3
holding LQDT Stock Option Grant 11,825 13 Feb 2026 Common Stock 11,825 $17.31 Direct F3
holding LQDT Stock Option Grant 10,700 13 Feb 2026 Common Stock 10,700 $21.62 Direct F3
holding LQDT Stock Option Grant 13,750 13 Feb 2026 Common Stock 13,750 $23.52 Direct F3
holding LQDT Restricted Stock Unit Grant 3,237 13 Feb 2026 Common Stock 3,237 Direct F2, F15
holding LQDT Restricted Stock Unit Grant 7,315 13 Feb 2026 Common Stock 7,315 Direct F2, F8
holding LQDT Restricted Stock Unit Grant 9,487 13 Feb 2026 Common Stock 9,487 Direct F2, F6
holding LQDT Restricted Stock Unit Grant 14,250 13 Feb 2026 Common Stock 14,250 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 14,250 13 Feb 2026 Common Stock 14,250 Direct F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options became fully vested on January 1, 2026.
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, 2025, January 1, 2026, January 1, 2027 and January 1, 2028.
F9 These restricted stock units vest, if at all, based on the Issuer's achievement of certain financial milestones.
F10 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.
F11 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.
F12 Represents the net issuance of 1,794 shares from the vesting of 2,648 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 854 shares.
F13 Represents the net issuance of 2,973 shares from the vesting of 4,389 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,416 shares.
F14 Represents the net issuance of 2,571 shares from the vesting of 3,795 restricted stock units from which the federal and state withholding due at the vesting of such restricted stock units was satisfied by the issuer withholding 1,224 shares.
F15 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.
F16 The remaining 2,532 RSUs did not vest by the last day of the performance period (January 1, 2026) and as such, were forfeited in accordance with the terms of the grant.