Murray Novelette's Stock Option Exercises and Sales at Liquidity Services Inc

Murray Novelette, Chief Human Resources Officer of Liquidity Services Inc (LQDT), filed a Form 4 reporting significant stock option exercises and subsequent sales on May 22, 2026. The officer exercised multiple stock option grants totaling 16,831 options with exercise prices ranging from $14.00 to $22.20 per share. Following the exercises, Novelette sold 6,176 shares of common stock at $34.16 per share, resulting in net proceeds. The transactions included both time-based and performance-based equity awards, with the company withholding shares to cover option costs and taxes. After all transactions, Novelette held 35,769 shares of common stock directly, along with substantial unvested restricted stock units and stock options with future vesting schedules extending through 2030.