Form 4 for LQDA Liquidia Corp
Accepted 2026-07-14 19:59:45 ET · period of report 2026-07-10 · accession 0001104659-26-083614 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2026-07-14 19:59 | 2026-07-10 | LQDA | Boyle Dana | CAO | M - OptEx | — | +3,179 | 178.5K | +2% | — |
| DMT | 2026-07-14 19:59 | 2026-07-13 | LQDA | Boyle Dana | CAO | S - Sale+OE | $71.51 | -9,002 | 169.5K | -5% | -$643.7K |
| DT | 2026-07-14 19:59 | 2026-07-10 | LQDA | Boyle Dana | CAO | M - OptEx | $0.00 | -3,179 | 31.8K | -9% | $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 | 2026-07-10 | M | A | 3,179 | — | 178,521 | D | — | — | (F2) On January 11, 2025, the Reporting Person was granted 50,861 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2026 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 19,074 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) 9,375 unvested restricted stock units ("RSUs") of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (ii) 21,406 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iii) 31,787 unvested RSUs of the 50,861 RSUs granted to the Reporting Person on January 11, 2025, (iv) 18,750 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 1, 2025, (v) 23,728 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (vi) 3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2026-07-13 | S | D | 641 | $71.39 | 177,880 | D | — | — | (F4) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. (F5) These shares of common stock were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2024, January 11, 2025 and July 1, 2025. (F3) Includes (i) 9,375 unvested restricted stock units ("RSUs") of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (ii) 21,406 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iii) 31,787 unvested RSUs of the 50,861 RSUs granted to the Reporting Person on January 11, 2025, (iv) 18,750 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 1, 2025, (v) 23,728 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (vi) 3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 3 | Common | Common Stock | 2026-07-13 | S | D | 8,361 | $71.52 | 169,519 | D | — | — | (F4) Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. (F5) These shares of common stock were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2024, January 11, 2025 and July 1, 2025. (F3) Includes (i) 9,375 unvested restricted stock units ("RSUs") of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (ii) 21,406 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iii) 31,787 unvested RSUs of the 50,861 RSUs granted to the Reporting Person on January 11, 2025, (iv) 18,750 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 1, 2025, (v) 23,728 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (vi) 3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. |
| 4 | Derivative | Performance Stock Units | 2026-07-10 | M | D | 3,179 | $0.00 | 31,787 | D | — · — to — | 3,179 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. |