InsiderTrades

Form 4 for LQDA Liquidia Corp

Accepted 2026-01-13 00:00:00 ET · period of report 2026-01-09 · accession 0001104659-26-003367 · 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 2026-01-13 2026-01-12 LQDA JEFFS ROGER CEO, Dir S - Sale+OE $37.43 -66.6K 1.04M -6% -$2.49M
DM 2026-01-13 2026-01-09 LQDA JEFFS ROGER CEO, Dir M - OptEx — +71.2K 1.05M +7% —
DM 2026-01-13 2026-01-09 LQDA JEFFS ROGER CEO, Dir M - OptEx $0.00 -71.2K 172.0K -29% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2026-01-12 S D 66,610 $37.43 1,037,528 D — — (F6) These shares were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023, January 11, 2024 and January 11, 2025. (F3) Includes (i) 72,375 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 110,669 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 171,995 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 10,696 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
2 Common Common Stock 2026-01-09 M A 57,332 — 1,104,138 D — — (F4) On January 11, 2025, the Reporting Person was granted 229,327 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2026 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 57,332 have vested as of the date of this Form 4. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F3) Includes (i) 72,375 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 110,669 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 171,995 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 10,696 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
3 Common Common Stock 2026-01-09 M A 13,833 — 1,046,806 D — — (F2) On January 11, 2024, the Reporting Person was granted 221,338 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 110,669 have vested as of the date of this Form 4. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F3) Includes (i) 72,375 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 110,669 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 171,995 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 10,696 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
4 Derivative Performance Stock Units 2026-01-09 M D 13,833 $0.00 110,669 D — · — to — 13,833 Common Stock (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis.
5 Derivative Performance Stock Units 2026-01-09 M D 57,332 $0.00 171,995 D — · — to — 57,332 Common Stock (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis.