Dana Boyle of Liquidia Corp (LQDA) sells shares to cover RSU taxes
Rhea-AI Filing Summary
Liquidia Corp Chief Accounting Officer Dana Boyle reported selling 1,600 shares of common stock on July 27, 2026 at $87.53 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on December 15, 2023 and was used to cover taxes from RSUs initially granted on January 25, 2023. After this transaction, Boyle directly holds 167,919 shares, including multiple blocks of unvested RSUs and 3,964 shares acquired through the company’s 2020 Employee Stock Purchase Plan.
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Insider Trade Summary 10b5-1
Net Seller: 1,600 shares
Net Sell
1 txn
Insider
Boyle Dana
Role
Chief Accounting Officer
Sold
1,600 shs ($140K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 1,600 | $87.53 | $140K |
Holdings After Transaction:
Common Stock — 167,919 shares (Direct)
Footnotes (3)
- F1. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- F2. These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on January 25, 2023.
- F3. Includes (i) 6,250 unvested RSUs of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (ii) 21,406 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iii) 31,787 unvested RSUs of the 50,861 RSUs granted to the Reporting Person on January 11, 2025, (iv) 18,750 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 1, 2025, (v) 23,728 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (vi) 3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
Key Figures
Shares sold: 1,600 shares of Common Stock
Sale price per share: $87.53 per share
Shares held after transaction: 167,919 shares
+5 more
8 metrics
Shares sold
1,600 shares of Common Stock
Sale on July 27, 2026 by CAO Dana Boyle
Sale price per share
$87.53 per share
Price for 1,600 shares sold on July 27, 2026
Shares held after transaction
167,919 shares
Direct holdings reported following the sale
Unvested RSUs from 01/25/2023 grant
6,250 RSUs
Portion of 50,000 RSUs granted January 25, 2023, included in holdings
Unvested RSUs from 01/11/2024 grant
21,406 RSUs
Portion of 57,085 RSUs granted January 11, 2024, included in holdings
Unvested RSUs from 01/11/2025 grant
31,787 RSUs
Portion of 50,861 RSUs granted January 11, 2025, included in holdings
RSUs granted 01/16/2026
23,728 RSUs
RSUs granted January 16, 2026, none vested as of this filing
ESPP shares
3,964 shares
Shares acquired under Liquidia Corporation 2020 Employee Stock Purchase Plan
Key Terms
Rule 10b5-1 plan, restricted stock units ("RSUs"), Employee Stock Purchase Plan
3 terms
Rule 10b5-1 plan regulatory
"Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
restricted stock units ("RSUs") financial
"shares of common stock were sold to cover taxes associated with the settlement of RSUs"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Employee Stock Purchase Plan financial
"3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Liquidia Corp (LQDA) report for Dana Boyle?
Liquidia Corp reported that CAO Dana Boyle sold 1,600 shares of common stock on July 27, 2026 at $87.53 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan and was tied to tax obligations from restricted stock unit settlements.
Was the Liquidia Corp (LQDA) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Dana Boyle on December 15, 2023. Such plans allow insiders to prearrange trades, reducing the significance of trade timing as a signal about non-public information.
What unvested RSUs does Dana Boyle hold in Liquidia Corp (LQDA)?
Boyle’s reported holdings include 6,250 unvested RSUs from a January 25, 2023 grant, 21,406 unvested RSUs from a January 11, 2024 grant, and 31,787 unvested RSUs from a January 11, 2025 grant. These RSUs vest over time, adding potential future share ownership.
What additional equity awards in Liquidia Corp (LQDA) are disclosed for Dana Boyle?
Beyond earlier grants, Boyle holds 23,728 RSUs granted on January 16, 2026, none of which had vested as of the filing date. The position also includes 3,964 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan, reflecting participation in employee equity programs.