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 · 3 exercises

MURRAY NOVELETTE

Filed: 2/17/2026ACC: 0001825422-26-000004

InsiderMURRAY NOVELETTECIK 1825422

→

IssuerLIQUIDITY SERVICES INCCIK 1235468

Officer· Chief Human Resources Officer

Since Sep 2020

-8.18K

Net shares

Net seller

$165.1K

Total sold

Open market trades

0B · 0S

Total transactions

5.40K acquired · 13.58K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.40K

Price / share

—

Trade value

—

% of position

5.6%

2/13/2026

25.17K→26.57K

Common Stock

Direct

J · J

−1.40K

Price / share

$30.57

Trade value

$42.74K

% of position

5.3%

2/13/2026

26.57K→25.17K

Common Stock

Direct

M · Option Exercise

+2.12K

Price / share

—

Trade value

—

% of position

8.4%

2/13/2026

25.17K→27.29K

Common Stock

Direct

J · J

−2.12K

Price / share

$30.57

Trade value

$64.87K

% of position

7.8%

2/13/2026

27.29K→25.17K

Common Stock

Direct

M · Option Exercise

+1.88K

Price / share

—

Trade value

—

% of position

7.5%

2/13/2026

25.17K→27.05K

Common Stock

Direct

J · J

−1.88K

Price / share

$30.57

Trade value

$57.53K

% of position

7.0%

2/13/2026

27.05K→25.17K

Total

Net shares

+0.00

Net value

-$165.14K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/13/2026	M · Option Exercise	+1.40K	—	—	5.6%	25.17K	26.57K
Common Stock Direct	2/13/2026	J · J	−1.40K	$30.57	$42.74K	5.3%	26.57K	25.17K
Common Stock Direct	2/13/2026	M · Option Exercise	+2.12K	—	—	8.4%	25.17K	27.29K
Common Stock Direct	2/13/2026	J · J	−2.12K	$30.57	$64.87K	7.8%	27.29K	25.17K
Common Stock Direct	2/13/2026	M · Option Exercise	+1.88K	—	—	7.5%	25.17K	27.05K
Common Stock Direct	2/13/2026	J · J	−1.88K	$30.57	$57.53K	7.0%	27.05K	25.17K
Total			+0.00		-$165.14K

Derivative Transactions3

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

4.14K shares

−2.12K

Strike price

Held after

0.00

Exercisable

—

2/13/2026

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

5.36K shares

−3.21K

Strike price

Held after

2.14K

Exercisable

—

2/13/2026

Restricted Stock Unit Grant

Direct

M · Option Exercise

Converts to

Common Stock

9.50K shares

−2.85K

Strike price

Held after

6.65K

Exercisable

—

2/13/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Grant Direct	Common Stock4.14K shares	2/13/2026	M · Option Exercise	−2.12K	—	0.00
Restricted Stock Unit Grant Direct	Common Stock5.36K shares	2/13/2026	M · Option Exercise	−3.21K	—	2.14K
Restricted Stock Unit Grant Direct	Common Stock9.50K shares	2/13/2026	M · Option Exercise	−2.85K	—	6.65K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)18

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

Shares owned

Exercise price

21.62

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

5.03K

Shares owned

5.03K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

7.13K

Shares owned

7.13K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit Grant

Direct

Underlying security

Common Stock

Underlying shares

2.59K

Shares owned

2.59K

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

—

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

Shares owned

Exercise price

21.62

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

8.66K

Shares owned

8.66K

Exercise price

17.31

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

6.19K

Shares owned

6.19K

Exercise price

22.2

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

1.85K

Shares owned

1.85K

Exercise price

10.30

Expiration

—

Exercise window

—

Stock Option Grant

Direct

Underlying security

Common Stock

Underlying shares

8.32K

Shares owned

8.32K

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

10.55K

Shares owned

10.55K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

126.11K

Owned

126.11K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Unit Grant Direct	Common Stock		—	—	5.36K	5.36K
Stock Option Grant Direct	Common Stock	21.62	—	—	8K	8K
Stock Option Grant Direct	Common Stock	14	—	—	5.03K	5.03K
Restricted Stock Unit Grant Direct	Common Stock		—	—	7.13K	7.13K
Restricted Stock Unit Grant Direct	Common Stock		—	—	2.59K	2.59K
Stock Option Grant Direct	Common Stock	10.30	—	—	1.05K	1.05K
Stock Option Grant Direct	Common Stock	23.5	—	—	10.15K	10.15K
Stock Option Grant Direct	Common Stock	21.62	—	—	8K	8K
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	17.31	—	—	8.66K	8.66K
Stock Option Grant Direct	Common Stock	17.31	—	—	8.66K	8.66K
Stock Option Grant Direct	Common Stock	22.2	—	—	6.19K	6.19K
Stock Option Grant Direct	Common Stock	9.46	—	—	7.69K	7.69K
Stock Option Grant Direct	Common Stock	10.30	—	—	1.85K	1.85K
Stock Option Grant Direct	Common Stock	14	—	—	8.32K	8.32K
Restricted Stock Unit Grant Direct	Common Stock		—	—	10.55K	10.55K
Restricted Stock Unit Grant Direct	Common Stock		—	—	10.55K	10.55K
Total					126.11K	126.11K