Novelette Murray - 13 Feb 2026 Form 4 Insider Report for LIQUIDITY SERVICES INC (LQDT)

Role
Chief Human Resources Officer
Signature
/s/ Mark A. Shaffer, by power of attorney
Issuer symbol
LQDT
Transactions as of
13 Feb 2026
Net transactions value
-$165,139
Form type
4
Filing time
17 Feb 2026, 16:07:38 UTC
Previous filing
05 Jan 2026
Next filing
13 Mar 2026
SEC
View on sec.gov

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 17 Feb 2026 0001825422

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LQDT Common Stock Options Exercise $0 +1,398 +5.6% $0.000000 26,570 13 Feb 2026 Direct F16
transaction LQDT Common Stock Other $42,737 -1,398 -5.3% $30.57 25,172 13 Feb 2026 Direct F19
transaction LQDT Common Stock Options Exercise $0 +2,122 +8.4% $0.000000 27,294 13 Feb 2026 Direct F17
transaction LQDT Common Stock Other $64,870 -2,122 -7.8% $30.57 25,172 13 Feb 2026 Direct F20
transaction LQDT Common Stock Options Exercise $0 +1,882 +7.5% $0.000000 27,054 13 Feb 2026 Direct F18
transaction LQDT Common Stock Other $57,533 -1,882 -7% $30.57 25,172 13 Feb 2026 Direct F21

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 -2,118 -100% $0.000000 0 13 Feb 2026 Common Stock 4,142 Direct F2, F3, F22
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -3,213 -60% $0.000000 2,142 13 Feb 2026 Common Stock 5,355 Direct F2, F3
transaction LQDT Restricted Stock Unit Grant Options Exercise $0 -2,850 -30% $0.000000 6,650 13 Feb 2026 Common Stock 9,500 Direct F2, F3
holding LQDT Restricted Stock Unit Grant 2,589 13 Feb 2026 Common Stock 2,589 Direct F2, F12
holding LQDT Restricted Stock Unit Grant 5,355 13 Feb 2026 Common Stock 5,355 Direct F2, F13
holding LQDT Restricted Stock Unit Grant 7,125 13 Feb 2026 Common Stock 7,125 Direct F2, F11
holding LQDT Restricted Stock Unit Grant 10,550 13 Feb 2026 Common Stock 10,550 Direct F2, F15
holding LQDT Restricted Stock Unit Grant 10,550 13 Feb 2026 Common Stock 10,550 Direct F2, F3
holding LQDT Stock Option Grant 1,850 13 Feb 2026 Common Stock 1,850 $10.30 Direct F5
holding LQDT Stock Option Grant 7,693 13 Feb 2026 Common Stock 7,693 $9.46 Direct F1
holding LQDT Stock Option Grant 6,190 13 Feb 2026 Common Stock 6,190 $22.20 Direct F7
holding LQDT Stock Option Grant 5,027 13 Feb 2026 Common Stock 5,027 $14.00 Direct F8
holding LQDT Stock Option Grant 8,660 13 Feb 2026 Common Stock 8,660 $17.31 Direct F9
holding LQDT Stock Option Grant 8,000 13 Feb 2026 Common Stock 8,000 $21.62 Direct F10
holding LQDT Stock Option Grant 10,150 13 Feb 2026 Common Stock 10,150 $23.50 Direct F14
holding LQDT Stock Option Grant 1,054 13 Feb 2026 Common Stock 1,054 $10.30 Direct F4
holding LQDT Stock Option Grant 6,190 13 Feb 2026 Common Stock 6,190 $22.20 Direct F6
holding LQDT Stock Option Grant 8,320 13 Feb 2026 Common Stock 8,320 $14.00 Direct F6
holding LQDT Stock Option Grant 8,660 13 Feb 2026 Common Stock 8,660 $17.31 Direct F6
holding LQDT Stock Option Grant 8,000 13 Feb 2026 Common Stock 8,000 $21.62 Direct F6
holding LQDT Stock Option Grant 10,150 13 Feb 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, 2024, January 1, 2025, January 1, 2026 and January 1, 2027.
F13 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.
F14 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.
F15 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.
F16 Represents the net issuance of 1,398 shares from the vesting of 2,118 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 720 shares.
F17 Represents the net issuance of 2,122 shares from the vesting of 3,213 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 1,091 shares.
F18 Represents the net issuance of 1,882 shares from the vesting of 2,850 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 968 shares.
F19 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 1,398 shares received by the reporting person in connection with the vesting of 2,118 restricted stock units.
F20 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 2,122 shares received by the reporting person in connection with the vesting of 3,213 restricted stock units.
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 1,882 shares received by the reporting person in connection with the vesting of 2,850 restricted stock units.
F22 The remaining 2,024 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.