Form 4 for LQDA Liquidia Corp
Accepted 2026-04-14 17:05:28 ET · period of report 2026-04-10 · accession 0001104659-26-043262 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2026-04-14 17:05 | 2026-04-10 | LQDA | JEFFS ROGER | CEO, Dir | M - OptEx | — | +28.2K | 1.17M | +2% | — |
| DT | 2026-04-14 17:05 | 2026-04-13 | LQDA | JEFFS ROGER | CEO, Dir | S - Sale+OE | $38.37 | -32.7K | 1.14M | -3% | -$1.26M |
| DTI | 2026-04-14 17:05 | 2026-04-10 | LQDA | JEFFS ROGER | CEO, Dir | S - Sale+OE | $40.12 | -21.4K | 1.50M | -1% | -$859.9K |
| DMT | 2026-04-14 17:05 | 2026-04-10 | LQDA | JEFFS ROGER | CEO, Dir | M - OptEx | $0.00 | -28.2K | 157.7K | -15% | $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 | 2026-04-10 | M | A | 13,834 | — | 1,156,010 | 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 124,503 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) 54,281 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 96,835 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 157,662 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 115,344 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4. |
| 2 | Common | Common Stock | 2026-04-10 | M | A | 14,333 | — | 1,170,343 | 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 71,665 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) 54,281 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 96,835 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 157,662 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 115,344 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4. |
| 3 | Common | Common Stock | 2026-04-13 | S | D | 32,744 | $38.37 | 1,137,599 | D | — | — | (F5) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. (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) 54,281 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 96,835 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 157,662 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 115,344 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4. |
| 4 | Common | Common Stock | 2026-04-10 | S | D | 21,433 | $40.12 | 1,495,234 | I See footnote | — | — | (F8) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on November 5, 2025. (F9) Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $40.00 to $40.55. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F10) The securities are held by Serendipity BioPharma LLC ("Serendipity"). The Reporting Person is a manager of Serendipity and has sole voting and dispositive power over the Issuer common stock held by Serendipity. |
| 5 | Derivative | Performance Stock Units | 2026-04-10 | M | D | 13,834 | $0.00 | 96,835 | D | — · — to — | 13,834 Common Stock | (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. |
| 6 | Derivative | Performance Stock Units | 2026-04-10 | M | D | 14,333 | $0.00 | 157,662 | D | — · — to — | 14,333 Common Stock | (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. (F1) Performance stock units ("PSUs") convert into common stock on a one-for-one basis. |