LQDA Liquidia Corporation

NASDAQ
$27.99

Liquidia Corporation (LQDA) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal In line Selling ran in line with LQDA's own trailing one-year pace, with 25% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 12 sellers in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
12
39 transactions
Purchases
$0
0 shares
Sales
$54.9M
697,519 shares
Net activity
-$54.9M
purchases less sales

How much of that selling was preplanned? 25% planned / 75% discretionary

10b5-1 plan sales $13.6M 22 transactions · 191,715 shares
Discretionary sales $41.4M 17 transactions · 505,804 shares

Largest single sale: $8.6M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: May 19, 2026 .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
SINGH RAMAN Director Sell 8,468 $66.16 $560.2K 44,637 −15.9% of holding
SINGH RAMAN Director Sell 9,024 $68.62 $619.2K 44,637 −16.8% of holding
Adair Jason 2 fills Chief Business Officer Sell 10b5-1 73,631 $69.09 $5.1M 216,438 −25.4% of holding
Rielly-Gauvin Katherine Director Sell 18,393 $72.23 $1.3M 44,637 −29.2% of holding
Saggar Rajeev Chief Medical Officer Sell 50,000 $74.06 $3.7M 142,265 −26% of holding
Rielly-Gauvin Katherine Director Sell 36,789 $74.99 $2.8M 44,637 −45.2% of holding
Saggar Rajeev Chief Medical Officer Sell 29,534 $76.84 $2.3M 142,265 −17.2% of holding
Boyle Dana Chief Accounting Officer Sell 10b5-1 1,600 $87.53 $140.0K 167,919 −0.9% of holding
Adair Jason Chief Business Officer Sell 10b5-1 688 $87.53 $60.2K 216,438 −0.3% of holding
Bloch Stephen M 2 fills Director Sell 100,000 $89.48 $8.9M 505,077 −16.5% of holding
Bloch Stephen M 3 fills Director Sell 100,000 $88.38 $8.8M 664,071 −13.1% of holding
Bloch Stephen M 2 fills Director Sell 75,000 $79.99 $6.0M 702,033 −9.7% of holding
Bloch Stephen M Director Sell 3,596 $79.55 $286.1K 776,477 −0.5% of holding
JEFFS ROGER 2 fills Chief Executive Officer Sell 10b5-1 35,249 $71.51 $2.5M 1,163,170 −2.9% of holding
Kaseta Michael 2 fills CFO and COO Sell 10b5-1 20,430 $71.51 $1.5M 364,782 −5.3% of holding
Schundler Russell 2 fills General Counsel Sell 10b5-1 14,738 $71.51 $1.1M 619,654 −2.3% of holding
Saggar Rajeev 2 fills Chief Medical Officer Sell 10b5-1 9,926 $71.51 $709.8K 181,022 −5.2% of holding
Moomaw Scott 2 fills Chief Commercial Officer Sell 10b5-1 9,539 $71.51 $682.1K 191,349 −4.7% of holding
Boyle Dana 2 fills Chief Accounting Officer Sell 10b5-1 9,002 $71.51 $643.7K 177,880 −4.8% of holding
Krepp Sarah 2 fills Chief Human Resource Officer Sell 10b5-1 7,864 $71.51 $562.4K 124,484 −5.9% of holding
Adair Jason 2 fills Chief Business Officer Sell 10b5-1 7,863 $71.51 $562.3K 224,427 −3.4% of holding
Khindri Sanjeev 2 fills Chief Development Officer Sell 10b5-1 1,185 $71.51 $84.7K 67,048 −1.7% of holding
Bloch Stephen M 2 fills Director Sell 50,000 $80.94 $4.0M 807,355 −5.8% of holding
Bloch Stephen M Director Sell 25,000 $80.17 $2.0M 830,073 −2.9% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.