Novelette Murray - 01 Jan 2026 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
01 Jan 2026
Net transactions value
-$176,001
Form type
4
Filing time
05 Jan 2026, 16:05:29 UTC
Previous filing
03 Dec 2025
Next filing
17 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murray Novelette Chief Human Resources Officer 6931 ARLINGTON ROAD SUITE 460, BETHESDA /s/ Mark A. Shaffer, by power of attorney 05 Jan 2026 0001825422

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1,100 +4.4% $0.000000 26,272 01 Jan 2026 Direct F17
transaction LQDT Common Stock Other $32,714 -1,100 -4.2% $29.74 25,172 02 Jan 2026 Direct F21
transaction LQDT Common Stock Options Exercise $0 +1,632 +6.5% $0.000000 26,804 01 Jan 2026 Direct F18
transaction LQDT Common Stock Other $48,536 -1,632 -6.1% $29.74 25,172 02 Jan 2026 Direct F22
transaction LQDT Common Stock Options Exercise $0 +1,688 +6.7% $0.000000 26,860 01 Jan 2026 Direct F19
transaction LQDT Common Stock Other $50,201 -1,688 -6.3% $29.74 25,172 02 Jan 2026 Direct F23
transaction LQDT Common Stock Options Exercise $0 +1,498 +6% $0.000000 26,670 01 Jan 2026 Direct F20
transaction LQDT Common Stock Other $44,551 -1,498 -5.6% $29.74 25,172 02 Jan 2026 Direct F24

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 -1,745 -100% $0.000000 0 01 Jan 2026 Common Stock 1,745 Direct F2, F12
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,588 -50% $0.000000 2,589 01 Jan 2026 Common Stock 5,177 Direct F2, F13
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,677 -33% $0.000000 5,355 01 Jan 2026 Common Stock 8,032 Direct F2, F14
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,375 -25% $0.000000 7,125 01 Jan 2026 Common Stock 9,500 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 10,550 01 Jan 2026 Common Stock 10,550 Direct F2, F16
holding LQDT Restricted Stock Units 4,188 01 Jan 2026 Common Stock 4,188 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 4,142 01 Jan 2026 Common Stock 4,142 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 5,355 01 Jan 2026 Common Stock 5,355 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 9,500 01 Jan 2026 Common Stock 9,500 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 10,550 01 Jan 2026 Common Stock 10,550 Direct F2, F3
holding LQDT Stock Option Grant 1,850 01 Jan 2026 Common Stock 1,850 $10.30 Direct F5
holding LQDT Stock Option Grant 7,693 01 Jan 2026 Common Stock 7,693 $9.46 Direct F1
holding LQDT Stock Option Grant 6,190 01 Jan 2026 Common Stock 6,190 $22.20 Direct F7
holding LQDT Stock Option Grant 5,027 01 Jan 2026 Common Stock 5,027 $14.00 Direct F8
holding LQDT Stock Option Grant 8,660 01 Jan 2026 Common Stock 8,660 $17.31 Direct F9
holding LQDT Stock Option Grant 8,000 01 Jan 2026 Common Stock 8,000 $21.62 Direct F10
holding LQDT Stock Option Grant 10,150 01 Jan 2026 Common Stock 10,150 $23.50 Direct F15
holding LQDT Stock Option Grant 1,054 01 Jan 2026 Common Stock 1,054 $10.30 Direct F4
holding LQDT Stock Option Grant 6,190 01 Jan 2026 Common Stock 6,190 $22.20 Direct F6
holding LQDT Stock Option Grant 8,320 01 Jan 2026 Common Stock 8,320 $14.00 Direct F6
holding LQDT Stock Option Grant 8,660 01 Jan 2026 Common Stock 8,660 $17.31 Direct F6
holding LQDT Stock Option Grant 8,000 01 Jan 2026 Common Stock 8,000 $21.62 Direct F6
holding LQDT Stock Option Grant 10,150 01 Jan 2026 Common Stock 10,150 $23.50 Direct F6
* 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, 2022 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 restricted stock units will vest, if at all, based on the Issuer's achievement of certain financial milestones.
F4 These options become exercisable, if at all, based on the completion of the Issuer's strategic transformation as well as the Issuer's achievement of certain financial milestones.
F5 15/48th of this option grant vested on January 1, 2018 and thereafter, an additional 1/48th vests each month for thirty-three months.
F6 These options become exercisable, if at all, based on the Issuer's achievement of certain financial milestones.
F7 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.
F8 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.
F9 12/48th of this option grant vested on January 1, 2025 and thereafter, an additional 1/48th will vest each month for thirty-six months.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.
F16 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.
F17 Represents the net issuance of 1,100 shares from the vesting of 1,745 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 645 shares.
F18 Represents the net issuance of 1,632 shares from the vesting of 2,588 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 956 shares.
F19 Represents the net issuance of 1,688 shares from the vesting of 2,677 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 989 shares.
F20 Represents the net issuance of 1,498 shares from the vesting of 2,375 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 877 shares.
F21 In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,100 shares received by the reporting person in connection with the vesting of 1,745 restricted stock units.
F22 In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,632 shares received by the reporting person in connection with the vesting of 2,588 restricted stock units.
F23 In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,688 shares received by the reporting person in connection with the vesting of 2,677 restricted stock units.
F24 In accordance with the Issuer's policies, the reporting person elected the following release method with respect to the vesting of restricted stock units: shares are withheld to cover taxes and remaining shares are sold. The sale proceeds are used to cover fees and the balance is received by the reporting person in cash. This transaction reflects the sale of the 1,498 shares received by the reporting person in connection with the vesting of 2,375 restricted stock units.