Shaffer Mark A, VP, General Counsel & Secretary at Liquidity Services (NASDAQ: LQDT), has engaged in a mix of buying and selling activity over recent months, with a net accumulation bias. According to SEC Form 4 filings, Shaffer has executed 29 transactions exclusively in LQDT, totaling $83,614 in purchases and $49,060 in sales. The most notable transactions occurred on November 24, 2025, when he acquired shares worth $27,314, $32,234, and $24,066 while simultaneously selling shares valued at $49,060. This suggests a partial liquidation alongside new acquisitions, possibly related to equity compensation or portfolio rebalancing.
Recent filings show no additional purchases in 2026, with multiple transactions marked as exempt (code "M")—typically indicating awards, grants, or other non-open-market activity. The absence of recent open-market buys contrasts with the earlier pattern of accumulation. Shaffer’s overall activity leans toward building his position, given the higher total buy value compared to sales. However, the November 2025 sell-off remains the largest single monetization in the observed period. All transactions center on LQDT, reflecting his concentrated holdings in the company where he serves as an executive.
AI-assisted summary