Caligan Partners LP sold LQDA

May 19, 2026 · Form 4 insider transaction

Caligan Partners LP sold 5,300 shares of Liquidia Corporation at $59.98 per share, a transaction worth $317.9K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
5,300
Price
$59.98
Total value
$317.9K
Role
SecurityCommon Stock, $0.001 par value per share ("Common Stock")
Transaction codeS: Open-market sale
Transaction dateMay 19, 2026
Filing dateMay 20, 2026
Shares owned after8,133,651
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Represents a transaction between the Caligan Funds.; Securities held by certain funds (the "Caligan Funds") and managed accounts (the "Caligan Accounts", and together with the Caligan Funds, the "Caligan Funds and Accounts") to which Caligan serves as investment manager and related entities. David Johnson ("Mr. Johnson", and together with Caligan, the "Reporting Persons") is the Managing Partner of Caligan and a Managing Member of Caligan Partners GP LLC, the general partner of Caligan.

View the original Form 4 on SEC EDGAR