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LQDT LIQUIDITY SERVICES INC Insider Trading

Latest: VP, Gen. Counsel & Secretary Sold $1.5M of Shares · May 2026

Multiple insiders have been active at LIQUIDITY SERVICES INC (LQDT): 6 distinct insiders account for 0 buy filings and 21 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: VP, Gen. Counsel & Secretary Mark A Shaffer sold $1.5M, transaction dated May 2026.

21 filings analyzed · Latest 2026-06-24

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Buys
0
Sells
21
Insiders
6
Direction
Net selling

LIQUIDITY SERVICES INC leadership

CEO
William P. Angrick Iii — Chief Executive Officer
CFO
Jorge A. Celaya — Chief Financial Officer
General Counsel
Mark A. Shaffer — Chief Legal Officer and Corporate Secretary
Chair
Iii William P. Angrick — Chairman and Chief Executive Officer

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-24 10b5-1 Plan
low
39,482 shares
$1,499,881
@ $37.99
Significance 4

Director Jaime Mateus-Tique sells 39,482 shares ($1.5M) at $37.99–$38.90 per Form 4; scheduled 10b5-1 plan

Jaime Mateus-Tique (Director) executed two separate sales totaling 39,482 shares for $1,499,880.74 on 2026-06-22 and 2026-06-23 at a blended average price of $37.99, reducing holdings from 203.9K to 164.4K shares (-19.4%). The transaction is governed by a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled rather than discretionary. The stock has appreciated 13.0% over the past 30 days and 30.5% over 90 days, trading within 1.6% of its 52-week high of $39.55. Across Mateus-Tique's prior trades at LQDT (5 prior sales), the outcomes have been mixed: recent sales in February 2026 were followed by positive 30-day returns (+−3.7% to −5.9%), while earlier 2025 sales showed steeper declines. The company's fundamentals show strong growth (annual revenue +31.2%) with a P/E of 40.10 and market cap of $1.2B.

2026-06-17 10b5-1 Plan
medium
35,727 shares
$1,355,840
@ $37.95
Significance 4

Director Jaime Mateus-Tique sold 35,727 shares (35.7K) at $37.95 for $1,355,839.65 ($1.4M) via 10b5-1 plan on 2026-06-15 and 2026-06-16

Jaime Mateus-Tique sold 2 separate tranches totaling 35,727 shares at $37.95 over two trading days, with the sale executed under a pre-arranged 10b5-1 trading plan. His post-transaction holding of 213,653 shares represents a -14.3% reduction from pre-transaction levels of 249,380 shares. The execution price of $37.95 is near the current price of $36.54 and very close to the 52-week high of $38.83, placing the sale -5.9% from the year's peak. His prior five sales at LQDT show mixed timing outcomes: three February 2026 sales moved negatively in the near term (-5.9%, -3.7%, -3.7% over 30 days) but recovered positively within 90 days (+9.0%, +9.2%, +12.1%), while two April 2025 sales declined sharply over 90 days (-16.6%, -18.0%). Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, the timing reflects a pre-programmed execution rather than active market judgment at the time of filing.

May 2026
2026-05-28
medium
EVP & Chief Financial Officer
22,721 shares
$812,153
@ $35.74
Significance 5

CFO Jorge Celaya sells 22,721 shares at blended avg $35.74 for $812,152.87; retains 66,895 shares plus 72,700 derivative holdings

Jorge Celaya executed 7 separate sales totaling 22,721 shares for $812,152.87 across three trading days (May 26–28, 2026), reducing his non-derivative holdings by 25.4%. The blended average transaction price of $35.74 sits slightly below the current price of $36.33 and is 6.4% below the 52-week high of $38.83. At the same-ticker level, Celaya's 5 prior sales at LQDT show mixed timing outcomes: 3 were well-timed (90-day declines), but 2 were poorly timed (90-day gains of +1.0% and +3.0% respectively). His 30-day returns after prior LQDT sells ranged from +4.8% to -15.6%, showing no consistent directional pattern. The company's fundamentals remain solid—revenue growth of +31.2% year-over-year and a strong quarterly net income of $7,522,000—though the P/E of 37.45 reflects elevated valuation expectations. Celaya retains substantial economic exposure through derivative securities totaling 72,700 shares across five option grants, suggesting the sale represents a partial liquidation rather than a wholesale de-risking.

2026-05-26
high
VP, Gen. Counsel & Secretary
45,246 shares
$1,538,364
@ $34.00
Significance 6

VP & General Counsel Mark A Shaffer sells 45,246 shares of LQDT at $34.00 for $1,538,364.00

Mark A Shaffer, VP, General Counsel & Secretary, sold 45,246 shares at $34.00, reducing his holdings from 73,644 shares to 28,398 shares—a -61.4% reduction in position size for $1,538,364.00 total value. The sale occurred while the stock trades at $35.76 current price, within its 52-week range of $21.67–$38.83, and the company reports strong fundamentals with $120,732,000.00 quarterly revenue and +31.2% annual revenue growth. The material reduction in the general counsel's stake warrants monitoring to understand whether this reflects personal liquidity needs, portfolio rebalancing, or other considerations independent of company trajectory.

March 2026
2026-03-10
high
Chairman of the Board and CEO
50,000 shares
$1,600,294
@ $32.01
Significance 6

CEO/Chairman William P Angrick III sold 50,000 shares (50.0K shares) for $1,600,294.25 across two transactions at LQDT

Angrick William P III, Chairman and CEO of Liquidity Services, executed two separate sales on 2026-03-06 and 2026-03-09, totaling 50,000 shares for $1,600,294.25 at a blended average price of $32.01. His post-transaction holdings remain substantial at 5.22M shares, representing a -0.9% reduction from prior holdings. His same-ticker trading history at LQDT shows a strong pattern of well-timed sales: 4 of 5 prior sales resulted in negative 90-day returns, with the most recent February 2025 sales followed by steep declines (-6.3% to -14.6% over 30 days, -30.8% to -31.7% over 90 days). The current stock price of $32.24 is -2.9% from the 52-week high of $33.19, suggesting the timing of this sale occurred near elevated valuation levels relative to recent trading range. Given the company's strong fundamentals (31.2% annual revenue growth, $121.2M quarterly revenue), the elevated P/E of 33.58, and the insider's demonstrated pattern of selling into strength at this specific ticker, this filing merits close monitoring of near-term price action and any forward guidance changes.

February 2026
2026-02-09 10b5-1 Plan
low
65,451 shares
$2,172,962
@ $33.20
Significance 3

Director Mateus-Tique Jaime sold 65,451 shares for $2,172,962.20 via 10b5-1 plan

Director Mateus-Tique Jaime executed 3 separate sales totaling 65,451 shares for $2,172,962.20 between February 5–9, 2026, at a blended average price of $33.20. The transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled and not discretionary. Post-transaction holdings stand at 99,111 shares, representing a 39.8% reduction from pre-transaction holdings of 164,562 shares. As a scheduled 10b5-1 transaction, this sale reflects the director's pre-determined portfolio plan rather than a market timing decision.

December 2025
2025-12-01
high
EVP & Chief Financial Officer
17,565 shares
$530,602
@ $30.21
Significance 7

CFO Jorge Celaya sells 17,565 shares at avg $30.21; all 3 prior LQDT sales were 90d well-timed.

Celaya executed 2 separate open-market sales totaling 17,565 shares (17.6K) for $530,601.87 ($530.6K) on 2025-11-26 and 2025-12-01, reducing his holdings by 33.9%. This marks his 4th sale at LQDT within the past year. His prior 3 sales at this ticker all produced negative 90-day returns (-29.6%, -25.5%, -12.5%), achieving a 100% well-timed rate at this specific ticker. His cross-ticker track record shows a 100% well-timed rate across 3 prior sells with an average 90d return of -22.5%, indicating a consistent pattern of selling before declines. The stock currently trades at $29.84, down 20.7% from its 52-week high of $37.61, suggesting the recent sales occurred closer to recent strength (+24.6% gain in the last 30 days, +14.2% in 90 days). The company's fundamentals remain solid with +31.2% annual revenue growth and a market cap of $914.3M, but the insider's demonstrated ability to time exits before subsequent weakness is a notable signal.

April 2025
2025-04-09 10b5-1 Plan
low
35,000 shares
$1,019,404
@ $29.13
Significance 4

Director Mateus-Tique Jaime sells 35,000 LQDT shares (~13.5% of holdings) for $1.0M via 10b5-1 plan

Director Mateus-Tique Jaime executed 3 separate sales totaling 35,000 shares for $1,019,404.47 across April 7–9, 2025, at a blended average price of $29.13, reducing his holdings from 259,562 shares to 224,562 shares. The transaction was conducted under a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled rather than discretionary. This represents a 13.5% reduction in his post-transaction holdings. The scheduled nature of the transaction precludes timing-based interpretation, and without prior trade history context or forward-looking statements, the divestiture itself reflects only a pre-planned capital allocation decision.

2025-04-02 10b5-1 Plan
medium
35,000 shares
$1,074,850
@ $30.71
Significance 6

Director Mateus-Tique Jaime sold 35,000 shares of LIQUIDITY SERVICES INC (LQDT) at $30.71 on 2025-03-31, reducing holdings by -11.9%.

Mateus-Tique Jaime, a Director, divested 35,000 shares (259.6K shares remaining post-transaction) on 2025-03-31 at $30.71 per share for a total value of $1,074,850.00, reducing his stake by -11.9%. This transaction is part of a concentrated pattern: the insider executed three additional sales within the preceding six calendar days (2025-03-17, 2025-03-24, and 2025-03-25), signaling a deliberate liquidation phase rather than a one-off trade. His cross-ticker track record shows a 100.00% well-timed rate on 6 prior sells with an average 90d return of -8.4%, indicating a consistent ability to exit before declines. At LQDT specifically, his two prior measurable trades (2024-12-16 and 2024-12-17) were both well-timed at the 90-day mark, with 90d returns of -10.2% and -4.2% respectively. The stock is currently priced at $31.66, -15.8% from its 52-week high of $37.61, trading in the lower half of its yearly range and near the sale price, suggesting limited immediate price momentum post-sale. With a P/E of 41.12 and annual revenue growth of +15.5%, the company's fundamentals remain solid, but the insider's concentrated selling activity warrants observation to determine whether this reflects portfolio management or a forward-looking caution.

March 2025
2025-03-26 10b5-1 Plan
medium
38,700 shares
$1,240,353
@ $32.05
Significance 6

Director Jaime Mateus-Tique sold 38,700 shares of LQDT for $1,240,353 at blended $32.05; prior sales at this ticker showed 100% well-timed pattern.

Mateus-Tique sold 38,700 shares across two transactions on 2025-03-24 and 2025-03-25 at an average price of $32.05, reducing his holdings by 11.6%. His same-ticker history at LQDT shows a striking pattern: all 3 prior measurable sales (on 2024-12-16, 2024-12-16, and 2024-12-17) were well-timed at the 90-day mark, with negative returns of -4.2%, -10.2%, and -10.9% respectively following each sale. The current sale occurred as the stock was already down 5.2% over the prior 30 days and 15.4% from its 52-week high of $37.61, positioning this transaction at a depressed point in recent price action. The director retains 294,562 shares post-transaction, maintaining a substantial position. Investors should monitor the 90-day outcome of this latest sale against the established same-ticker pattern.

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