MURRAY NOVELETTE (Chief Human Resources Officer) exercised options at LIQUIDITY SERVICES INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

MURRAY NOVELETTE

Filed: 1/5/2026ACC: 0001825422-26-000002

InsiderMURRAY NOVELETTECIK 1825422

→

IssuerLIQUIDITY SERVICES INCCIK 1235468

Officer· Chief Human Resources Officer

Since Sep 2020

-9.38K

Net shares

Net seller

$176.0K

Total sold

Open market trades

0B · 0S

Total transactions

5.92K acquired · 15.30K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+1.10K

Price / share

—

Trade value

—

% of position

4.4%

1/1/2026

25.17K→26.27K

Common Stock

Direct

M · Option Exercise

+1.63K

Price / share

—

Trade value

—

% of position

6.5%

1/1/2026

25.17K→26.80K

Common Stock

Direct

M · Option Exercise

+1.69K

Price / share

—

Trade value

—

% of position

6.7%

1/1/2026

25.17K→26.86K

Common Stock

Direct

M · Option Exercise

+1.50K

Price / share

—

Trade value

—

% of position

6.0%

1/1/2026

25.17K→26.67K

Common Stock

Direct

J · J

−1.10K

Price / share

$29.74

Trade value

$32.71K

% of position

4.2%

1/2/2026

26.27K→25.17K

Common Stock

Direct

J · J

−1.63K

Price / share

$29.74

Trade value

$48.54K

% of position

6.1%

1/2/2026

26.80K→25.17K

Common Stock

Direct

J · J

−1.69K

Price / share

$29.74

Trade value

$50.20K

% of position

6.3%

1/2/2026

26.86K→25.17K

Common Stock

Direct

J · J

−1.50K

Price / share

$29.74

Trade value

$44.55K

% of position

5.6%

1/2/2026

26.67K→25.17K

Total

Net shares

+0.00

Net value

-$176K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/1/2026	M · Option Exercise	+1.10K	—	—	4.4%	25.17K	26.27K
Common Stock Direct	1/1/2026	M · Option Exercise	+1.63K	—	—	6.5%	25.17K	26.80K
Common Stock Direct	1/1/2026	M · Option Exercise	+1.69K	—	—	6.7%	25.17K	26.86K
Common Stock Direct	1/1/2026	M · Option Exercise	+1.50K	—	—	6.0%	25.17K	26.67K
Common Stock Direct	1/2/2026	J · J	−1.10K	$29.74	$32.71K	4.2%	26.27K	25.17K
Common Stock Direct	1/2/2026	J · J	−1.63K	$29.74	$48.54K	6.1%	26.80K	25.17K
Common Stock Direct	1/2/2026	J · J	−1.69K	$29.74	$50.20K	6.3%	26.86K	25.17K
Common Stock Direct	1/2/2026	J · J	−1.50K	$29.74	$44.55K	5.6%	26.67K	25.17K
Total			+0.00		-$176K

Derivative Transactions4

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

1.75K shares

−1.75K

Strike price

Held after

0.00

Exercisable

—

1/1/2026

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

5.18K shares

−2.59K

Strike price

Held after

2.59K

Exercisable

—

1/1/2026

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

8.03K shares

−2.68K

Strike price

Held after

5.36K

Exercisable

—

1/1/2026

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

9.50K shares

−2.38K

Strike price

Held after

7.13K

Exercisable

—

1/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Grant Direct	Common Stock1.75K shares	1/1/2026	M · Option Exercise	−1.75K	—	0.00
Restricted Stock Unit Grant Direct	Common Stock5.18K shares	1/1/2026	M · Option Exercise	−2.59K	—	2.59K
Restricted Stock Unit Grant Direct	Common Stock8.03K shares	1/1/2026	M · Option Exercise	−2.68K	—	5.36K
Restricted Stock Unit Grant Direct	Common Stock9.50K shares	1/1/2026	M · Option Exercise	−2.38K	—	7.13K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)19

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

21.62

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

1.85K

Shares owned

1.85K

Exercise price

10.30

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

21.62

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

4.14K

Shares owned

4.14K

Exercise price

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

7.69K

Shares owned

7.69K

Exercise price

9.46

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

5.03K

Shares owned

5.03K

Exercise price

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

10.15K

Shares owned

10.15K

Exercise price

23.5

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

6.19K

Shares owned

6.19K

Exercise price

22.2

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

6.19K

Shares owned

6.19K

Exercise price

22.2

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

8.32K

Shares owned

8.32K

Exercise price

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

1.05K

Shares owned

1.05K

Exercise price

10.30

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

9.50K

Shares owned

9.50K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

10.55K

Shares owned

10.55K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

5.36K

Shares owned

5.36K

Exercise price

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

8.66K

Shares owned

8.66K

Exercise price

17.31

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

10.55K

Shares owned

10.55K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

4.19K

Shares owned

4.19K

Exercise price

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

8.66K

Shares owned

8.66K

Exercise price

17.31

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

10.15K

Shares owned

10.15K

Exercise price

23.5

Expiration

—

Exercise window

—

Total

Underlying

134.23K

Owned

134.23K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option Grant Direct	Common Stock	21.62	—	—	8K	8K
Stock Option Grant Direct	Common Stock	10.30	—	—	1.85K	1.85K
Stock Option Grant Direct	Common Stock	21.62	—	—	8K	8K
Restricted Stock Unit Grant Direct	Common Stock		—	—	4.14K	4.14K
Stock Option Grant Direct	Common Stock	9.46	—	—	7.69K	7.69K
Stock Option Grant Direct	Common Stock	14	—	—	5.03K	5.03K
Stock Option Grant Direct	Common Stock	23.5	—	—	10.15K	10.15K
Stock Option Grant Direct	Common Stock	22.2	—	—	6.19K	6.19K
Stock Option Grant Direct	Common Stock	22.2	—	—	6.19K	6.19K
Stock Option Grant Direct	Common Stock	14	—	—	8.32K	8.32K
Stock Option Grant Direct	Common Stock	10.30	—	—	1.05K	1.05K
Restricted Stock Unit Grant Direct	Common Stock		—	—	9.50K	9.50K
Restricted Stock Unit Grant Direct	Common Stock		—	—	10.55K	10.55K
Restricted Stock Unit Grant Direct	Common Stock		—	—	5.36K	5.36K
Stock Option Grant Direct	Common Stock	17.31	—	—	8.66K	8.66K
Restricted Stock Unit Grant Direct	Common Stock		—	—	10.55K	10.55K
Restricted Stock Units Direct	Common Stock		—	—	4.19K	4.19K
Stock Option Grant Direct	Common Stock	17.31	—	—	8.66K	8.66K
Stock Option Grant Direct	Common Stock	23.5	—	—	10.15K	10.15K
Total					134.23K	134.23K