Form 4 for LQDA Liquidia Corp
Accepted 2025-12-02 00:00:00 ET · period of report 2025-11-28 · accession 0001104659-25-117743 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-02 | 2025-11-28 | LQDA | Schundler Russell | GC | M - OptEx | — | +2,343 | 578.4K | +0.4% | — |
| D | 2025-12-02 | 2025-12-01 | LQDA | Schundler Russell | GC | S - Sale+OE | $32.19 | -1,072 | 577.3K | -0.2% | -$34.5K |
| D | 2025-12-02 | 2025-11-28 | LQDA | Schundler Russell | GC | M - OptEx | $0.00 | -2,343 | 2,344 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-11-28 | M | A | 2,343 | — | 578,360 | D | — | — | (F2) On January 16, 2022, the Reporting Person was granted 37,500 RSUs with 25% vesting on February 28, 2023 and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 35,156 have vested as of the date of this Form 4. (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. (F3) Includes (i) 32,552 unvested RSUs of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 61,951 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 102,543 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 11,869 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2025-12-01 | S | D | 1,072 | $32.19 | 577,288 | D | — | — | (F5) These shares of common stock were sold to cover taxes associated with the settlement of RSUs that were initially granted to the Reporting Person on January 16, 2022. (F3) Includes (i) 32,552 unvested RSUs of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 61,951 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 102,543 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 11,869 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2025-11-28 | M | D | 2,343 | $0.00 | 2,344 | D | — · — to — | 2,343 Common Stock | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |