Liquidia Corp (LQDA) CCO sells 9,539 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liquidia Corp Chief Commercial Officer Scott Moomaw exercised performance stock units on July 10, 2026, receiving 7,466 shares of common stock as PSUs converted one-for-one. On July 13, 2026, he sold 9,539 shares at prices between $71.39 and $71.52 per share under a Rule 10b5-1 plan to cover taxes tied to RSU and PSU settlements. After these transactions, he holds 182,485 common shares directly, alongside various unvested RSU and PSU awards.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 9,539 shares ($682,142)
Net Sell
6 txns
Insider
Moomaw Scott
Role
Chief Commercial Officer
Sold
9,539 shs ($682K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 675 | $71.39 | $48K |
| Sale | Common Stock | 8,864 | $71.52 | $634K |
| Exercise | Performance Stock Units | 3,108 | $0.00 | -- |
| Exercise | Performance Stock Units | 4,358 | $0.00 | -- |
| Exercise | Common Stock | 3,108 | -- | -- |
| Exercise | Common Stock | 4,358 | -- | -- |
Holdings After Transaction:
Common Stock — 191,349 shares (Direct);
Performance Stock Units — 18,646 shares (Direct)
Footnotes (1)
- Performance stock units ("PSUs") convert into common stock on a one-for-one basis. On January 11, 2024, the Reporting Person was granted 49,723 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 31,077 have vested as of the date of this Form 4. Includes (i) 10,416 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 18,646 unvested RSUs of the 49,723 RSUs granted to the Reporting Person on January 11, 2024, (iii) 43,580 unvested RSUs of the 69,729 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 2,650 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan. On January 11, 2025, the Reporting Person was granted 69,729 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2026 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 26,149 have vested as of the date of this Form 4. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. These shares of common stock were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023, January 11, 2024 and January 11, 2025.
Key Figures
Shares sold: 9,539 shares
Sale prices: $71.39–$71.52 per share
Shares acquired via PSU conversion: 7,466 shares
+5 more
8 metrics
Shares sold
9,539 shares
Open-market sales of common stock on July 13, 2026 to cover taxes
Sale prices
$71.39–$71.52 per share
Price range for July 13, 2026 common stock sales
Shares acquired via PSU conversion
7,466 shares
Common shares received from performance stock unit conversions on July 10, 2026
Shares held after transactions
182,485 shares
Direct common stock holdings following July 13, 2026 transactions
Unvested RSUs from 2023 grant
10,416 units
Remaining unvested RSUs from an 83,333-unit grant on January 11, 2023
Unvested RSUs from 2024 grant
18,646 units
Unvested RSUs from a 49,723-unit grant on January 11, 2024
Unvested RSUs from 2025 grant
43,580 units
Unvested RSUs from a 69,729-unit grant on January 11, 2025
RSUs granted January 16, 2026
32,955 units
Restricted stock units, none vested as of this Form 4
Key Terms
Performance stock units, restricted stock units, Rule 10b5-1 plan, Employee Stock Purchase Plan
4 terms
Performance stock units financial
"Performance stock units convert into common stock on a one-for-one basis"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock units financial
"Includes unvested restricted stock units of grants made in 2023, 2024 and 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
Employee Stock Purchase Plan financial
"Includes 2,650 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.
FAQ
What insider transactions did Liquidia Corp (LQDA) report for Scott Moomaw?
Scott Moomaw exercised 7,466 performance stock units into common stock and sold 9,539 shares of Liquidia Corp common stock. The transactions occurred on July 10 and July 13, 2026 as part of his ongoing equity compensation activity.
What equity awards remain unvested for Liquidia (LQDA) CCO Scott Moomaw?
Unvested awards include 10,416 RSUs from a 2023 grant, 18,646 RSUs from a 2024 grant, 43,580 RSUs from a 2025 grant, and 32,955 RSUs granted January 16, 2026. He also holds 2,650 shares acquired under the 2020 Employee Stock Purchase Plan.
Were Scott Moomaw’s Liquidia (LQDA) stock sales pre-planned or discretionary?
The sales were executed under a Rule 10b5-1 trading plan adopted on December 15, 2023 and involved shares sold to cover taxes associated with the settlement of RSUs and PSUs granted in 2023, 2024 and 2025.