Moomaw Scott, Chief Commercial Officer at an undisclosed company, has demonstrated a clear selling bias in recent insider transactions involving Liquidia Corporation (LQDA), according to SEC Form 4 filings. Over 24 reported trades, Scott has sold $6.53 million worth of LQDA shares while purchasing only $314,621 worth, with all 11 most recent transactions being sales or dispositions. The largest single sale occurred on March 9, 2026, when Scott disposed of shares worth $2.83 million, followed by another significant sale of $625,817 on March 23, 2026. These transactions were accompanied by smaller sales on the same dates—$47,934 and $57,800 respectively—as well as multiple $0-value acquisitions likely representing option exercises or awards.
The selling pattern extends back to at least July 2025, with notable dispositions including a $1.77 million sale on September 2, 2025, and a $768,550 sale on January 12, 2026. While some transactions appear to be routine (such as smaller sales under $70,000), the consistent direction and scale of selling—particularly the multi-million-dollar dispositions in early 2026—suggest an ongoing reduction in Scott’s LQDA holdings. The absence of any recent purchases further reinforces this trend. All activity has been concentrated in Liquidia Corporation, with no trades reported in other companies during this period.
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