SEC Form 4 · accession 0001104659-26-107942
Liquidia Corp · LQDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raman Singh
Director
Period of report
Sep 11, 2026
Accepted (ET)
Sep 15, 2026 · 4:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001819576
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 11, 2026 | M | 556 | $8.63 | A | 45,193 | D | |
| Common StockF1 | Sep 11, 2026 | M | 8,468 | $9.3055 | A | 53,661 | D | |
| Common StockF3,F1 | Sep 11, 2026 | S | 9,024 | $68.6181 | D | 44,637 | D | |
| Common StockF1 | Sep 14, 2026 | M | 8,468 | $9.3055 | A | 53,105 | D | |
| Common StockF1 | Sep 14, 2026 | S | 8,468 | $66.16 | D | 44,637 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $8.63 | Sep 11, 2026 | M | 556 | D | Jun 19, 2026 | Jun 19, 2033 | Common Stock | 556 | 0 | D |
| Non-Qualified Stock Option (right to buy)F5 | $9.3055 | Sep 11, 2026 | M | 8,468 | D | Mar 7, 2021 | Mar 7, 2028 | Common Stock | 8,468 | 8,468 | D |
| Non-Qualified Stock Option (right to buy)F5 | $9.3055 | Sep 14, 2026 | M | 8,468 | D | Mar 7, 2021 | Mar 7, 2028 | Common Stock | 8,468 | 0 | D |
Explanation of responses
- F1Includes 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.
- F2Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4.
- F3Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $68.60 to $68.70. 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.
- F4The option vested in 36 equal monthly installments and became fully vested on June 19, 2026.
- F5The option vested in 36 equal monthly installments and became fully vested on March 7, 2021.