Liquidia Corp 4

Chief Business Officer Jason Adair exercised options for 31,799 Liquidia Corp (LQDA) shares and sold 73,631 shares at about $69.09 on August 21, 2026 under a Rule 10b5‑1 plan.

On August 21, 2026, Liquidia Corp Chief Business Officer Jason Adair exercised four fully vested stock option grants for an aggregate 31,799 shares of common stock at strike prices of $9.31 and $14.20, then sold a total of 73,631 shares at a volume-weighted average price of $69.0908 pursuant to a pre‑arranged Rule 10b5‑1 trading plan, resulting in net share disposals despite the option exercises. The option exercises (non-qualified and incentive stock options) were cashless/offset by the subsequent sales, and the Form 4 notes that the reported sales encompass the shares underlying the exercised options. After these transactions, Adair directly owned 174,606 shares of common stock, which include substantial unvested RSU positions and shares acquired under the company’s ESPP, indicating that while he monetized a significant dollar amount of equity, he still retains a meaningful equity stake in Liquidia.

Filing Facts

CIK

1819576

Ticker

LQDA

Form

4

Source Type

fda

Accession

0001104659-26-100826

Alert Tier

7