Murray Novelette

CHRO Murray Novelette sells 18,947 shares at $34.47 avg, reducing LQDT stake by 42.9% in two transactions over 2 days

Murray Novelette, Chief Human Resources Officer of Liquidity Services Inc, executed two separate sales on consecutive trading days: 7,938 shares at $33.96 on 2025-02-25 and 11,009 shares at $34.84 on 2025-02-26, totaling 18,947 shares for $653,128.04 at a blended average price of $34.47. The sale reduces his post-transaction holdings from 44,119 shares to 25,172 shares, a 42.9% reduction in his stake. This follows two prior sales at LQDT on 2025-02-11 and 2025-02-12, establishing a pattern of accelerating dispositions within a two-week window. The current stock price of $33.06 is trading 12.1% below the 52-week high, and Novelette's transaction prices ($33.96–$34.84) were near or at the top of recent intraday ranges, suggesting execution timing near recent strength despite the 90-day performance being positive (29.3% gain).

CHRO Murray Novelette sold 20,000 shares at $34.44–$34.88 on Feb 11–12, retaining 44,119 shares post-transaction.

Murray Novelette, Chief Human Resources Officer of Liquidity Services Inc, executed 2 separate sales totaling 20,000 shares for $693,200.00 at a blended average price of $34.66. This represents a 31.2% reduction in his holdings, from 64,119 shares to 44,119 shares. The sales occurred at prices near the current level ($35.71) and within the 52-week range, following a 43.4% gain over 90 days. The transaction reduces his equity stake materially but leaves him with a substantial 44,119-share position, indicating continued alignment with the company.