Form 4 for LQDA Liquidia Corp
Accepted 2026-08-21 16:30:11 ET · period of report 2026-08-19 · accession 0001104659-26-099703 · 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 | 2026-08-21 16:30 | 2026-08-19+ | LQDA | Rielly-Gauvin Katherine | Dir | M - OptEx | $2.54 | +55.2K | 63.0K | +703% | +$140.1K |
| DMT | 2026-08-21 16:30 | 2026-08-19+ | LQDA | Rielly-Gauvin Katherine | Dir | S - Sale+OE | $74.07 | -55.2K | 44.6K | -55% | -$4.09M |
| DMT | 2026-08-21 16:30 | 2026-08-19+ | LQDA | Rielly-Gauvin Katherine | Dir | M - OptEx | $0.00 | -55.2K | 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 | 2026-08-19 | M | A | 23,455 | $2.51 | 68,092 | D | — | — | (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 2 | Common | Common Stock | 2026-08-19 | M | A | 13,334 | $2.59 | 81,426 | D | — | — | (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 3 | Common | Common Stock | 2026-08-19 | S | D | 36,789 | $74.99 | 44,637 | D | — | — | (F2) Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4. (F3) Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $73.28 to $76.37. 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. (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 4 | Common | Common Stock | 2026-08-20 | M | A | 11,727 | $2.51 | 56,364 | D | — | — | (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 5 | Common | Common Stock | 2026-08-20 | M | A | 6,666 | $2.59 | 63,030 | D | — | — | (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 6 | Common | Common Stock | 2026-08-20 | S | D | 18,393 | $72.23 | 44,637 | D | — | — | (F2) Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4. (F4) Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $71.00 to $74.35. 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. (F1) Includes 5,882 restricted stock units granted to the Reporting Person on June 16, 2026, none of which have vested as of the date of this Form 4. |
| 7 | Derivative | Non-Qualified Stock Option (right to buy) | 2026-08-19 | M | D | 23,455 | $0.00 | 11,727 | D | $2.51 · 2021-12-31 to 2031-03-24 | 23,455 Common Stock | (F5) The option vested in four equal quarterly installments and became fully vested on December 31, 2021. |
| 8 | Derivative | Non-Qualified Stock Option (right to buy) | 2026-08-19 | M | D | 13,334 | $0.00 | 6,666 | D | $2.59 · 2024-08-20 to 2031-08-20 | 13,334 Common Stock | (F6) The option vested in 36 equal monthly installments and became fully vested on August 20, 2024. |
| 9 | Derivative | Non-Qualified Stock Option (right to buy) | 2026-08-20 | M | D | 11,727 | $0.00 | 0 | D | $2.51 · 2021-12-31 to 2031-03-24 | 11,727 Common Stock | (F5) The option vested in four equal quarterly installments and became fully vested on December 31, 2021. |
| 10 | Derivative | Non-Qualified Stock Option (right to buy) | 2026-08-20 | M | D | 6,666 | $0.00 | 0 | D | $2.59 · 2024-08-20 to 2031-08-20 | 6,666 Common Stock | (F6) The option vested in 36 equal monthly installments and became fully vested on August 20, 2024. |