Manning Paul B sold LQDA

August 29, 2025 · Form 4 insider transaction

Manning Paul B sold 188,232 shares of Liquidia Corporation at $27.62 per share, a transaction worth $5.20M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
188,232
Price
$27.62
Total value
$5.20M
RoleDirector, 10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 29, 2025
Filing dateSeptember 2, 2025
Shares owned after759,096
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 $27.77 inclusive.; 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