Form 4 for LQDA Liquidia Corp
Accepted 2026-03-03 00:00:00 ET · period of report 2026-02-27 · accession 0001104659-26-022895 · 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 | 2026-03-03 | 2026-03-02 | LQDA | Adair Jason | Chief Business Off | S - Sale+OE | $30.58 | -689 | 212.5K | -0.3% | -$21.1K |
| D | 2026-03-03 | 2026-02-27 | LQDA | Adair Jason | Chief Business Off | M - OptEx | — | +1,562 | 213.2K | +0.7% | — |
| D | 2026-03-03 | 2026-02-27 | LQDA | Adair Jason | Chief Business Off | M - OptEx | $0.00 | -1,562 | 0 | -100% | $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 | 2026-03-02 | S | D | 689 | $30.58 | 212,479 | 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) 9,375 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 19,794 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 46,421 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2026-02-27 | M | A | 1,562 | — | 213,168 | D | — | — | (F2) On January 16, 2022, the Reporting Person was granted 25,000 RSUs with 25% of the RSUs 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 25,000 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) 9,375 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 19,794 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 46,421 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2026-02-27 | M | D | 1,562 | $0.00 | 0 | D | — · — to — | 1,562 Common Stock | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |