Form 4 for LQDA Liquidia Corp
Accepted 2026-02-12 00:00:00 ET · period of report 2026-02-11 · accession 0001494695-26-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2026-02-12 | 2026-02-11 | LQDA | Manning Paul B | Dir | J - Other | $42.63 | -55.1K | 0 | -100% | -$2.35M |
| 2026-02-12 | 2026-02-11 | LQDA | Manning Paul B | Dir | J - Other | $42.63 | +55.1K | 469.6K | +13% | +$2.35M |
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 | 2026-02-11 | J | D | 55,116 | $42.63 | 0 | I See footnote | — | — | (F2) The shares are held directly by the PBM 2024 GRAT. The Reporting Person is the trustee of the PBM 2024 GRAT and has sole voting and investment power with respect to the shares held by the PBM 2024 GRAT. |
| 2 | Common | Common Stock | 2026-02-11 | J | A | 55,116 | $42.63 | 469,583 | D | — | — | (F3) Includes 375,712 shares distributed to the Reporting Person in satisfaction of annuity obligation from the PBM 2024 GRAT. (F1) The Reporting Person withdrew 55,116 shares of the Issuer from PBM 2024 Grantor Retained Annuity Trust (the "PBM 2024 GRAT"), a grantor retained annuity trust, in exchange for cash. The withdrawal of shares resulted in a decrease in the number of shares the Reporting Person beneficially owns indirectly through PBM 2024 GRAT and a corresponding increase in the number of shares the Reporting Person beneficially owns directly. This withdrawal of shares constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934. |