Manning Paul B sold LQDA

August 28, 2025 · Form 4 insider transaction

Manning Paul B sold 154,337 shares of Liquidia Corporation at $27.94 per share, a transaction worth $4.31M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 5 days after the transaction.

Direction
Disposed (sell-side)
Shares
154,337
Price
$27.94
Total value
$4.31M
RoleDirector, 10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 28, 2025
Filing dateSeptember 2, 2025
Shares owned after947,328
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.50 to $28.34 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 ranges set forth in footnotes (1), (3), (4) and (5).; The shares are held directly by the PBM 2024 Grantor Retained Annuity Trust (the "PBM 2024 GRAT"). The Reporting Person is the trustee of the PBM 2024 GRAT and has sole voting and investment power with respect to the shares held by the PBM 2024 GRAT.

View the original Form 4 on SEC EDGAR