Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Schundler Russell (General Counsel) sold 13,692 shares (~$389.9K)
Schundler Russell, listed as General Counsel at Liquidia Corp, reported an open-market sale of 13,692 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,758 |
— |
— |
M |
Option exercise
|
6,409 |
— |
— |
S |
Open-market sale
|
13,692 |
$28.48 |
$389.9K |
M |
Option exercise
derivative · Performance Stock Units
|
3,758 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
6,409 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Schundler Russell (General Counsel)
Shares: 13,692
Est. Value: $389.9K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Saggar Rajeev (Chief Medical Officer) sold 9,218 shares (~$262.5K)
Saggar Rajeev, listed as Chief Medical Officer at Liquidia Corp, reported an open-market sale of 9,218 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,530 |
— |
— |
M |
Option exercise
|
4,486 |
— |
— |
S |
Open-market sale
|
9,218 |
$28.48 |
$262.5K |
M |
Option exercise
derivative · Performance Stock Units
|
3,530 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
4,486 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Saggar Rajeev (Chief Medical Officer)
Shares: 9,218
Est. Value: $262.5K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Moomaw Scott (Chief Commercial Officer) sold 8,863 shares (~$252.4K)
Moomaw Scott, listed as Chief Commercial Officer at Liquidia Corp, reported an open-market sale of 8,863 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,108 |
— |
— |
M |
Option exercise
|
4,358 |
— |
— |
S |
Open-market sale
|
8,863 |
$28.48 |
$252.4K |
M |
Option exercise
derivative · Performance Stock Units
|
3,108 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
4,358 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Moomaw Scott (Chief Commercial Officer)
Shares: 8,863
Est. Value: $252.4K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Krepp Sarah (Chief Human Resource Officer) sold 5,245 shares (~$149.4K)
Krepp Sarah, listed as Chief Human Resource Officer at Liquidia Corp, reported an open-market sale of 5,245 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,178 |
— |
— |
S |
Open-market sale
|
5,245 |
$28.48 |
$149.4K |
M |
Option exercise
derivative · Performance Stock Units
|
3,178 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Krepp Sarah (Chief Human Resource Officer)
Shares: 5,245
Est. Value: $149.4K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Khindri Sanjeev (Chief Development Officer) sold 1,101 shares (~$31.4K)
Khindri Sanjeev, listed as Chief Development Officer at Liquidia Corp, reported an open-market sale of 1,101 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,101 |
$28.48 |
$31.4K |
Filing: Form 4 (Insider Transaction)
Insider: Khindri Sanjeev (Chief Development Officer)
Shares: 1,101
Est. Value: $31.4K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Kaseta Michael (CFO and COO) sold 18,938 shares (~$539.4K)
Kaseta Michael, listed as CFO and COO at Liquidia Corp, reported an open-market sale of 18,938 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
5,828 |
— |
— |
M |
Option exercise
|
7,049 |
— |
— |
S |
Open-market sale
|
18,938 |
$28.48 |
$539.4K |
M |
Option exercise
derivative · Performance Stock Units
|
5,828 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
7,049 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Kaseta Michael (CFO and COO)
Shares: 18,938
Est. Value: $539.4K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider JEFFS ROGER (Director, Chief Executive Officer) sold 32,744 shares (~$932.5K)
JEFFS ROGER, listed as Director, Chief Executive Officer at Liquidia Corp, reported an open-market sale of 32,744 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
13,833 |
— |
— |
M |
Option exercise
|
14,333 |
— |
— |
S |
Open-market sale
|
32,744 |
$28.48 |
$932.5K |
M |
Option exercise
derivative · Performance Stock Units
|
13,833 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
14,333 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: JEFFS ROGER (Director, Chief Executive Officer)
Shares: 32,744
Est. Value: $932.5K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Boyle Dana (Chief Accounting Officer) sold 5,892 shares (~$167.8K)
Boyle Dana, listed as Chief Accounting Officer at Liquidia Corp, reported an open-market sale of 5,892 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,178 |
— |
— |
S |
Open-market sale
|
5,892 |
$28.48 |
$167.8K |
M |
Option exercise
derivative · Performance Stock Units
|
3,178 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Boyle Dana (Chief Accounting Officer)
Shares: 5,892
Est. Value: $167.8K
Form 4
Open-market sale
Insider Selling
2026-10-13
LQDA insider Adair Jason (Chief Business Officer) sold 7,301 shares (~$207.9K)
Adair Jason, listed as Chief Business Officer at Liquidia Corp, reported an open-market sale of 7,301 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,906 |
— |
— |
M |
Option exercise
|
2,474 |
— |
— |
M |
Option exercise
|
3,868 |
— |
— |
S |
Open-market sale
|
7,301 |
$28.48 |
$207.9K |
M |
Option exercise
derivative · Restricted Stock Units
|
3,906 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
2,474 |
— |
— |
M |
Option exercise
derivative · Performance Stock Units
|
3,868 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Adair Jason (Chief Business Officer)
Shares: 7,301
Est. Value: $207.9K
Form 4
Open-market sale
Insider Selling
2026-10-07
LQDA insider Bloch Stephen M (Director) sold 235,477 shares (~$6.39M)
Bloch Stephen M, listed as Director at Liquidia Corp, reported an open-market sale of 235,477 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
235,477 |
$27.13 |
$6.39M |
Filing: Form 4 (Insider Transaction)
Insider: Bloch Stephen M (Director)
Shares: 235,477
Est. Value: $6.39M
Form 4
Open-market sale
Insider Selling
2026-09-15
LQDA insider SINGH RAMAN (Director) sold 17,492 shares (~$1.18M)
SINGH RAMAN, listed as Director at Liquidia Corp, reported an open-market sale of 17,492 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
556 |
$8.63 |
$4.8K |
M |
Option exercise
|
8,468 |
$9.31 |
$78.8K |
S |
Open-market sale
|
9,024 |
$68.62 |
$619.2K |
M |
Option exercise
|
8,468 |
$9.31 |
$78.8K |
S |
Open-market sale
|
8,468 |
$66.16 |
$560.2K |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
556 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
8,468 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
8,468 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SINGH RAMAN (Director)
Shares: 17,492
Est. Value: $1.18M
Form 4
Open-market sale
Insider Selling
2026-09-03
LQDA insider Krepp Sarah (Chief Human Resource Officer) sold 274 shares (~$18.6K)
Krepp Sarah, listed as Chief Human Resource Officer at Liquidia Corp, reported an open-market sale of 274 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
274 |
$67.76 |
$18.6K |
Filing: Form 4 (Insider Transaction)
Insider: Krepp Sarah (Chief Human Resource Officer)
Shares: 274
Est. Value: $18.6K
Form 4
Open-market sale
Insider Selling
2026-08-25
LQDA insider Adair Jason (Chief Business Officer) sold 73,631 shares (~$5.09M)
Adair Jason, listed as Chief Business Officer at Liquidia Corp, reported an open-market sale of 73,631 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
9,000 |
$9.31 |
$83.8K |
M |
Option exercise
|
11,799 |
$9.31 |
$109.8K |
M |
Option exercise
|
10,762 |
$14.20 |
$152.8K |
M |
Option exercise
|
238 |
$14.20 |
$3.4K |
S |
Open-market sale
|
31,799 |
$69.09 |
$2.20M |
S |
Open-market sale
|
41,832 |
$69.09 |
$2.89M |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
9,000 |
— |
— |
M |
Option exercise
derivative · Incentive Stock Option (right to buy)
|
11,799 |
— |
— |
M |
Option exercise
derivative · Incentive Stock Option (right to buy)
|
10,762 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
238 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Adair Jason (Chief Business Officer)
Shares: 73,631
Est. Value: $5.09M
Form 4
Open-market sale
Insider Selling
2026-08-21
LQDA insider Rielly-Gauvin Katherine (Director) sold 55,182 shares (~$4.09M)
Rielly-Gauvin Katherine, listed as Director at Liquidia Corp, reported an open-market sale of 55,182 LQDA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
23,455 |
$2.51 |
$58.9K |
M |
Option exercise
|
13,334 |
$2.59 |
$34.5K |
S |
Open-market sale
|
36,789 |
$74.99 |
$2.76M |
M |
Option exercise
|
11,727 |
$2.51 |
$29.4K |
M |
Option exercise
|
6,666 |
$2.59 |
$17.3K |
S |
Open-market sale
|
18,393 |
$72.23 |
$1.33M |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
23,455 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
13,334 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
11,727 |
— |
— |
M |
Option exercise
derivative · Non-Qualified Stock Option (right to buy)
|
6,666 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Rielly-Gauvin Katherine (Director)
Shares: 55,182
Est. Value: $4.09M