Insider Sale Notices at LQDA: 13,165-Share Disposition and Issuer Awards (LQDA)

Rhea-AI Filing Summary

Sarah T. Krepp reported sale notices on Form 144 for common stock. The filing lists two reported dispositions: 276 shares sold on 03/02/2026 for $8,440.85 and 13,165 shares sold on 01/12/2026 for $492,740.94.

The excerpt also lists securities identified as to be sold by the issuer on 01/11/2026: Restricted Stock amounts 1,634, 7,087, and 395, and Performance Shares 7,145.

Insights

Securities Compliance Specialist

Form 144 records reported dispositions and planned issuer securities.

Form 144 is a notice of proposed sale by an affiliate; the filing here lists two completed dispositions with exact share counts and dollar amounts and separate issuer-designated restricted and performance share figures dated 01/11/2026.

Cash-flow treatment and whether these sales were open-market or private transactions are not specified in the provided excerpt; subsequent filings or broker records would clarify method and settlement details.

Equity Capital Markets Analyst

Transaction sizes are small relative to typical public-company floats.

The reported dispositions total 13,441 shares across two dates with listed gross proceeds of $501,180.79. The filing separately enumerates several issuer-side restricted and performance-share counts dated 01/11/2026.

Timing and impact on free float depend on undisclosed holdings and whether the issuer shares are newly issued or part of compensation programs; the excerpt does not state those details.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	16261	617918.00	88114429	03/13/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/11/2026	Restricted Stock	Issuer			1634	01/11/2026	Not Applicable
Common	01/11/2026	Restricted Stock	Issuer			7087	01/11/2026	Not Applicable
Common	01/11/2026	Restricted Stock	Issuer			395	01/11/2026	Not Applicable
Common	01/11/2026	Performance Shares	Issuer			7145	01/11/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SARAH T KREPP 419 Davis Drive, Suite 100 Morrisville, NC 27560	COMMON	03/02/2026	276	8440.85
SARAH T KREPP 419 Davis Drive, Suite 100 Morrisville, NC 27560	COMMON	01/12/2026	13165	492740.94

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What sales does Sarah T. Krepp report on Form 144 for LQDA?

The filing reports two dispositions: 276 shares on 03/02/2026 for $8,440.85 and 13,165 shares on 01/12/2026 for $492,740.94. These figures are listed as reported sales in the excerpt.

What issuer-side securities are listed in the excerpt dated 01/11/2026?

The excerpt lists issuer-designated awards dated 01/11/2026: Restricted Stock 1,634; Restricted Stock 7,087; Restricted Stock 395; Performance Shares 7,145. These counts appear under 'Securities To Be Sold'.

Does the excerpt state how the shares were sold (market method)?

No; the provided excerpt does not specify the method of sale. It lists share counts and gross proceeds for two dispositions but does not describe whether they were open-market, block trades, or privately negotiated.

Are proceeds shown for the reported sales in the excerpt?

Yes; the excerpt shows proceeds: $8,440.85 for 276 shares sold on 03/02/2026 and $492,740.94 for 13,165 shares sold on 01/12/2026 as reported in the filing.

Does this Form 144 disclose remaining holdings or post-transaction ownership?

The provided excerpt does not disclose post-transaction holdings or total beneficial ownership. It lists discrete sale notices and issuer-side award counts but does not state remaining or total shares owned.