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Nasdaq · USD

LQDA

Liquidia Corp

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1860
SEC CIK
0001819576
Parsed reports
408

Last 12 months

Inside the activity.

1 purchase rows · 173 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202505
Dec 202506
Jan 2026010
Feb 202600
Mar 2026016
Apr 2026023
May 2026124
Jun 2026037
Jul 2026033
Aug 202606
Sep 202603
Oct 2026010

Latest available

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionIncentive Stock Option (right to buy) · Derivative 10,762 $0.00 Strike: $14.20 $0.00
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · derivative · entry 9

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,762 shares

Expires 2029-02-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_date: The option vested in 48 equal monthly installments and became fully vested on February 5, 2023.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionIncentive Stock Option (right to buy) · Derivative 11,799 $0.00 Strike: $9.31 $0.00
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · derivative · entry 8

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,799 shares

Expires 2028-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The option vested in 48 equal monthly installments and became fully vested on March 7, 2022.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 9,000 $0.00 Strike: $9.31 $0.00
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · derivative · entry 7

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,000 shares

Expires 2028-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The option vested in 48 equal monthly installments and became fully vested on March 7, 2022.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
SaleCommon Stock 41,832 $69.09 $2,890,206.35
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 6

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 174,606

F4 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 22, 2025.

F3 · price: Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $68.05 to $71.13. 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 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
SaleCommon Stock 31,799 $69.09 $2,197,018.35
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 5

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 216,438

F2 · kind: Includes the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 22, 2025.

F3 · price: Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $68.05 to $71.13. 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 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionCommon Stock 238 $14.20 $3,379.60
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 4

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 248,237

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionCommon Stock 10,762 $14.20 $152,820.40
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 3

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 247,999

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionCommon Stock 11,799 $9.31 $109,848.69
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 2

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 237,237

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 21, 2026 Filed Aug 25, 2026 20:30 UTC
Adair JasonChief Business Officer
Exercise / conversionCommon Stock 9,000 $9.31 $83,790.00
Disclosure

SEC source: 0001104659-26-100826 · tm2624000-1_4seq1.xml · nonDerivative · entry 1

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 225,438

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes (i) 6,250 unvested restricted stock units ("RSUs") of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 20, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 6,666 $0.00 Strike: $2.59 $0.00
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · derivative · entry 10

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,666 shares

Expires 2031-08-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_date: The option vested in 36 equal monthly installments and became fully vested on August 20, 2024.

Read SEC document
August 20, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 11,727 $0.00 Strike: $2.51 $0.00
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · derivative · entry 9

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,727 shares

Expires 2031-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The option vested in four equal quarterly installments and became fully vested on December 31, 2021.

Read SEC document
August 20, 2026 Filed Aug 21, 2026 20:30 UTC SaleCommon Stock 18,393 $72.23 $1,328,476.73
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 6

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 44,637

F2 · kind: Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4.

F4 · price: 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 · balance_after: 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.

Read SEC document
August 20, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionCommon Stock 6,666 $2.59 $17,264.94
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 5

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 63,030

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: 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.

Read SEC document
August 20, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionCommon Stock 11,727 $2.51 $29,434.77
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 4

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 56,364

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: 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.

Read SEC document
August 19, 2026 Filed Aug 19, 2026 22:21 UTC
Saggar RajeevChief Medical Officer
Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 50,000 $0.00 Strike: $3.73 $0.00
Disclosure

SEC source: 0001104659-26-098862 · tm2623646-1_4seq1.xml · derivative · entry 4

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Common Stock · 50,000 shares

Expires 2032-07-18

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The option vested over a four-year period with 25% vesting on July 18, 2023 and the remaining 75% vesting ratably on a monthly basis over three years thereafter and became fully vested on July 18, 2026.

Read SEC document
August 19, 2026 Filed Aug 19, 2026 22:21 UTC
Saggar RajeevChief Medical Officer
SaleCommon Stock 50,000 $74.06 $3,702,825.00
Disclosure

SEC source: 0001104659-26-098862 · tm2623646-1_4seq1.xml · nonDerivative · entry 3

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,265

F3 · kind: Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4.

F4 · price: Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $74.00 to $74.60. 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.

F2 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 21,184 unvested RSUs of the 56,492 RSUs granted to the Reporting Person on January 11, 2024, (iii) 44,862 unvested RSUs of the 71,780 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 19, 2026 Filed Aug 19, 2026 22:21 UTC
Saggar RajeevChief Medical Officer
Exercise / conversionCommon Stock 50,000 $3.73 $186,500.00
Disclosure

SEC source: 0001104659-26-098862 · tm2623646-1_4seq1.xml · nonDerivative · entry 2

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 192,265

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 21,184 unvested RSUs of the 56,492 RSUs granted to the Reporting Person on January 11, 2024, (iii) 44,862 unvested RSUs of the 71,780 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
August 19, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 13,334 $0.00 Strike: $2.59 $0.00
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · derivative · entry 8

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 6,666

Underlying: Common Stock · 13,334 shares

Expires 2031-08-20

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_date: The option vested in 36 equal monthly installments and became fully vested on August 20, 2024.

Read SEC document
August 19, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionNon-Qualified Stock Option (right to buy) · Derivative 23,455 $0.00 Strike: $2.51 $0.00
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · derivative · entry 7

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 11,727

Underlying: Common Stock · 23,455 shares

Expires 2031-03-24

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: The option vested in four equal quarterly installments and became fully vested on December 31, 2021.

Read SEC document
August 19, 2026 Filed Aug 21, 2026 20:30 UTC SaleCommon Stock 36,789 $74.99 $2,758,957.94
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 3

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 44,637

F2 · kind: Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4.

F3 · price: 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 · balance_after: 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.

Read SEC document
August 19, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionCommon Stock 13,334 $2.59 $34,535.06
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 2

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 81,426

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: 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.

Read SEC document
August 19, 2026 Filed Aug 21, 2026 20:30 UTC Exercise / conversionCommon Stock 23,455 $2.51 $58,872.05
Disclosure

SEC source: 0001104659-26-099703 · tm2623790-1_4seq1.xml · nonDerivative · entry 1

Rielly-Gauvin Katherine · CIK 0001791718 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 68,092

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: 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.

Read SEC document
August 17, 2026 Filed Aug 19, 2026 22:21 UTC
Saggar RajeevChief Medical Officer
SaleCommon Stock 29,534 $76.84 $2,269,380.75
Disclosure

SEC source: 0001104659-26-098862 · tm2623646-1_4seq1.xml · nonDerivative · entry 1

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,265

F1 · price: Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $76.76 to $77.13. 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.

F2 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 21,184 unvested RSUs of the 56,492 RSUs granted to the Reporting Person on January 11, 2024, (iii) 44,862 unvested RSUs of the 71,780 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 27, 2026 Filed Jul 29, 2026 16:30 UTC
Boyle DanaChief Accounting Officer
SaleCommon Stock 1,600 $87.53 $140,048.00
Disclosure

SEC source: 0001104659-26-088173 · tm2621584-2_4seq1.xml · nonDerivative · entry 1

Boyle Dana · CIK 0002074453 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 167,919

F1 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F2 · shares: These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on January 25, 2023.

F3 · balance_after: Includes (i) 6,250 unvested 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.

Read SEC document
July 27, 2026 Filed Jul 29, 2026 20:30 UTC
Adair JasonChief Business Officer
SaleCommon Stock 688 $87.53 $60,220.64
Disclosure

SEC source: 0001104659-26-088169 · tm2621584-1_4seq1.xml · nonDerivative · entry 1

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 216,438

F1 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F2 · shares: These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on July 6, 2023.

F3 · balance_after: Includes (i) 6,250 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 23, 2026 Filed Jul 24, 2026 20:30 UTC SaleCommon Stock 3,600 $90.71 $326,543.40
Disclosure

SEC source: 0001104659-26-086660 · tm2621279-1_4seq1.xml · nonDerivative · entry 5

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 501,477

F6 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $90.505 to $90.90, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 23, 2026 Filed Jul 24, 2026 20:30 UTC SaleCommon Stock 96,400 $89.44 $8,621,900.32
Disclosure

SEC source: 0001104659-26-086660 · tm2621279-1_4seq1.xml · nonDerivative · entry 4

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 505,077

F5 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.00 to $89.95, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 22, 2026 Filed Jul 24, 2026 20:30 UTC SaleCommon Stock 14,562 $89.24 $1,299,549.29
Disclosure

SEC source: 0001104659-26-086660 · tm2621279-1_4seq1.xml · nonDerivative · entry 3

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 601,477

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.16 to $89.42, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 22, 2026 Filed Jul 24, 2026 20:30 UTC SaleCommon Stock 48,032 $88.65 $4,257,849.48
Disclosure

SEC source: 0001104659-26-086660 · tm2621279-1_4seq1.xml · nonDerivative · entry 2

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 616,039

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.16 to $89.15, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 22, 2026 Filed Jul 24, 2026 20:30 UTC SaleCommon Stock 37,406 $87.70 $3,280,566.05
Disclosure

SEC source: 0001104659-26-086660 · tm2621279-1_4seq1.xml · nonDerivative · entry 1

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 664,071

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.16 to $88.155, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 21, 2026 Filed Jul 22, 2026 23:31 UTC SaleCommon Stock 556 $80.66 $44,845.63
Disclosure

SEC source: 0001104659-26-085979 · tm2621140-1_4seq1.xml · nonDerivative · entry 3

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 701,477

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.51 to $80.69, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 21, 2026 Filed Jul 22, 2026 23:31 UTC SaleCommon Stock 74,444 $79.98 $5,954,336.34
Disclosure

SEC source: 0001104659-26-085979 · tm2621140-1_4seq1.xml · nonDerivative · entry 2

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 702,033

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.50 to $80.45, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

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July 20, 2026 Filed Jul 22, 2026 23:31 UTC SaleCommon Stock 3,596 $79.55 $286,068.27
Disclosure

SEC source: 0001104659-26-085979 · tm2621140-1_4seq1.xml · nonDerivative · entry 1

Bloch Stephen M · CIK 0001400308 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 776,477

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.50 to $79.78, inclusive. 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.

F2 · ownership.nature: The securities are held directly by Canaan VIII L.P. ("Canaan LP"). Canaan Partners VIII LLC ("Canaan LLC" and together with Canaan LP, the "Canaan Entities") is the sole general partner of Canaan LP. Investment and voting decisions with respect to the securities held by Canaan LP are made by the managers of Canaan LLC, collectively. The Reporting Person disclaims beneficial ownership of the securities held by the Canaan Entities, except to the extent of his pecuniary interest, if any, in such securities by virtue of the limited liability company interests he owns in Canaan LLC. The Canaan Entities have instituted a communications-screen policy with respect to securities matters relating to the Issuer, and the Reporting Person did not participate in this investment decision.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:04 UTC
Schundler RussellGeneral Counsel
SaleCommon Stock 13,692 $71.52 $979,251.84
Disclosure

SEC source: 0001104659-26-083617 · tm2620529-4_4seq1.xml · nonDerivative · entry 4

Schundler Russell · CIK 0001854414 · General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 605,962

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 13,021 unvested restricted stock units ("RSUs") of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 41,300 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 64,089 unvested RSUS of the 102,543 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,306 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:04 UTC
Schundler RussellGeneral Counsel
SaleCommon Stock 1,046 $71.39 $74,673.94
Disclosure

SEC source: 0001104659-26-083617 · tm2620529-4_4seq1.xml · nonDerivative · entry 3

Schundler Russell · CIK 0001854414 · General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 619,654

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 13,021 unvested restricted stock units ("RSUs") of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 41,300 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 64,089 unvested RSUS of the 102,543 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,306 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:11 UTC
Krepp SarahChief Human Resource Officer
SaleCommon Stock 7,306 $71.52 $522,525.12
Disclosure

SEC source: 0001104659-26-083622 · tm2620529-9_4seq1.xml · nonDerivative · entry 3

Krepp Sarah · CIK 0002074990 · Chief Human Resource Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 117,178

F4 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F5 · shares: 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, July 1, 2024, January 11, 2025 and July 1, 2025.

F3 · balance_after: Includes (i) 21,799 unvested restricted stock units ("RSUs") of the 61,465 RSUs granted to the Reporting Person on January 11, 2024, (ii) 6,229 unvested RSUs of the 12,459 RSUs granted to the Reporting Person on July 1, 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 and (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.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:11 UTC
Krepp SarahChief Human Resource Officer
SaleCommon Stock 558 $71.39 $39,835.62
Disclosure

SEC source: 0001104659-26-083622 · tm2620529-9_4seq1.xml · nonDerivative · entry 2

Krepp Sarah · CIK 0002074990 · Chief Human Resource Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 124,484

F4 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F5 · shares: 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, July 1, 2024, January 11, 2025 and July 1, 2025.

F3 · balance_after: Includes (i) 21,799 unvested restricted stock units ("RSUs") of the 61,465 RSUs granted to the Reporting Person on January 11, 2024, (ii) 6,229 unvested RSUs of the 12,459 RSUs granted to the Reporting Person on July 1, 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 and (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.

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July 13, 2026 Filed Jul 14, 2026 23:59 UTC
Boyle DanaChief Accounting Officer
SaleCommon Stock 8,361 $71.52 $597,978.72
Disclosure

SEC source: 0001104659-26-083614 · tm2620529-1_4seq1.xml · nonDerivative · entry 3

Boyle Dana · CIK 0002074453 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 169,519

F4 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F5 · shares: 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 · balance_after: 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.

Read SEC document
July 13, 2026 Filed Jul 14, 2026 23:59 UTC
Boyle DanaChief Accounting Officer
SaleCommon Stock 641 $71.39 $45,760.99
Disclosure

SEC source: 0001104659-26-083614 · tm2620529-1_4seq1.xml · nonDerivative · entry 2

Boyle Dana · CIK 0002074453 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 177,880

F4 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F5 · shares: 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 · balance_after: 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.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:02 UTC
Saggar RajeevChief Medical Officer
SaleCommon Stock 9,223 $71.52 $659,628.96
Disclosure

SEC source: 0001104659-26-083616 · tm2620529-3_4seq1.xml · nonDerivative · entry 4

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 171,799

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F1 · price: Performance stock units ("PSUs") convert into common stock on a one-for-one basis.

F3 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 21,184 unvested RSUs of the 56,492 RSUs granted to the Reporting Person on January 11, 2024, (iii) 44,862 unvested RSUs of the 71,780 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:02 UTC
Saggar RajeevChief Medical Officer
SaleCommon Stock 703 $71.39 $50,187.17
Disclosure

SEC source: 0001104659-26-083616 · tm2620529-3_4seq1.xml · nonDerivative · entry 3

Saggar Rajeev · CIK 0001935638 · Chief Medical Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 181,022

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F1 · price: Performance stock units ("PSUs") convert into common stock on a one-for-one basis.

F3 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 21,184 unvested RSUs of the 56,492 RSUs granted to the Reporting Person on January 11, 2024, (iii) 44,862 unvested RSUs of the 71,780 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:07 UTC
JEFFS ROGERDirector · Chief Executive Officer
SaleCommon Stock 32,744 $71.52 $2,341,850.88
Disclosure

SEC source: 0001104659-26-083619 · tm2620529-6_4seq1.xml · nonDerivative · entry 4

JEFFS ROGER · CIK 0001231615 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,130,426

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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 · balance_after: Includes (i) 36,187 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 83,001 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 143,329 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.

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July 13, 2026 Filed Jul 15, 2026 00:07 UTC
JEFFS ROGERDirector · Chief Executive Officer
SaleCommon Stock 2,505 $71.39 $178,831.95
Disclosure

SEC source: 0001104659-26-083619 · tm2620529-6_4seq1.xml · nonDerivative · entry 3

JEFFS ROGER · CIK 0001231615 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,163,170

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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 · balance_after: Includes (i) 36,187 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 83,001 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 143,329 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.

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July 13, 2026 Filed Jul 15, 2026 00:08 UTC
Kaseta MichaelCFO and COO
SaleCommon Stock 18,977 $71.52 $1,357,235.04
Disclosure

SEC source: 0001104659-26-083620 · tm2620529-7_4seq1.xml · nonDerivative · entry 4

Kaseta Michael · CIK 0001724346 · CFO and COO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 345,805

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024, January 15, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 15,583 unvested restricted stock units ("RSUs") of the 124,667 RSUs granted to the Reporting Person on January 11, 2023, (ii) 34,968 unvested RSUs and 18,750 unvested RSUs of the 93,250 RSUs and 50,000 RSUs granted to the Reporting Person on January 11, 2024 and January 15, 2024, respectively, (iii) 70,497 unvested RSUs of the 112,797 RSUs granted to the Reporting Person on January 11, 2025, (iv) 59,320 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan ("ESPP").

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:08 UTC
Kaseta MichaelCFO and COO
SaleCommon Stock 1,453 $71.39 $103,729.67
Disclosure

SEC source: 0001104659-26-083620 · tm2620529-7_4seq1.xml · nonDerivative · entry 3

Kaseta Michael · CIK 0001724346 · CFO and COO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 364,782

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024, January 15, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 15,583 unvested restricted stock units ("RSUs") of the 124,667 RSUs granted to the Reporting Person on January 11, 2023, (ii) 34,968 unvested RSUs and 18,750 unvested RSUs of the 93,250 RSUs and 50,000 RSUs granted to the Reporting Person on January 11, 2024 and January 15, 2024, respectively, (iii) 70,497 unvested RSUs of the 112,797 RSUs granted to the Reporting Person on January 11, 2025, (iv) 59,320 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan ("ESPP").

Read SEC document
July 13, 2026 Filed Jul 15, 2026 00:05 UTC
Adair JasonChief Business Officer
SaleCommon Stock 7,301 $71.52 $522,167.52
Disclosure

SEC source: 0001104659-26-083618 · tm2620529-5_4seq1.xml · nonDerivative · entry 5

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 217,126

F7 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F8 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 7,812 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

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July 13, 2026 Filed Jul 15, 2026 00:05 UTC
Adair JasonChief Business Officer
SaleCommon Stock 562 $71.39 $40,121.18
Disclosure

SEC source: 0001104659-26-083618 · tm2620529-5_4seq1.xml · nonDerivative · entry 4

Adair Jason · CIK 0001747055 · Chief Business Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 224,427

F7 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F8 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 7,812 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 14,845 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 38,684 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,023 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

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July 13, 2026 Filed Jul 15, 2026 00:09 UTC
Khindri SanjeevChief Development Officer
SaleCommon Stock 1,101 $71.52 $78,743.52
Disclosure

SEC source: 0001104659-26-083621 · tm2620529-8_4seq1.xml · nonDerivative · entry 2

Khindri Sanjeev · CIK 0002104932 · Chief Development Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 65,947

F1 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 9, 2026.

F2 · shares: These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on February 10, 2025.

F3 · balance_after: Includes (i) 25,432 unvested RSUs of the 36,992 RSUs granted to the Reporting Person on February 10, 2025 and (ii) 34,274 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4.

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July 13, 2026 Filed Jul 15, 2026 00:09 UTC
Khindri SanjeevChief Development Officer
SaleCommon Stock 84 $71.39 $5,996.76
Disclosure

SEC source: 0001104659-26-083621 · tm2620529-8_4seq1.xml · nonDerivative · entry 1

Khindri Sanjeev · CIK 0002104932 · Chief Development Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 67,048

F1 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 9, 2026.

F2 · shares: These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on February 10, 2025.

F3 · balance_after: Includes (i) 25,432 unvested RSUs of the 36,992 RSUs granted to the Reporting Person on February 10, 2025 and (ii) 34,274 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4.

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July 13, 2026 Filed Jul 15, 2026 00:01 UTC
Moomaw ScottChief Commercial Officer
SaleCommon Stock 8,864 $71.52 $633,953.28
Disclosure

SEC source: 0001104659-26-083615 · tm2620529-2_4seq1.xml · nonDerivative · entry 4

Moomaw Scott · CIK 0001832592 · Chief Commercial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 182,485

F5 · kind: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F6 · shares: 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, 2023, January 11, 2024 and January 11, 2025.

F3 · balance_after: Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 18,646 unvested RSUs of the 49,723 RSUs granted to the Reporting Person on January 11, 2024, (iii) 43,580 unvested RSUs of the 69,729 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.