Liquidia Scott Moomaw sells 8,863 shares for taxes
Liquidia Corp's Chief Commercial Officer's 8,863-share sale covered taxes on RSU and PSU settlements from awards granted in 2023, 2024 and 2025.
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Form Type
4
Rhea-AI Filing Summary
Liquidia Corp's Chief Commercial Officer, Scott Moomaw, acquired common stock through Performance Stock Unit conversions of 3,108 and 4,358 shares on October 9, 2026; each PSU converts one-for-one. He sold 8,863 shares on October 12, 2026, at $28.48 per share to cover taxes on RSU and PSU settlements. The sale was made pursuant to a Rule 10b5-1 plan adopted on December 15, 2023.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Moomaw Scott
Role
Chief Commercial Officer
Sold
8,863 shs ($252K)
Approx. gross sale proceeds
$252K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F5, F6, F3 | 8,863 | $28.48 | $252K |
| Exercise | Performance Stock Units F1 | 3,108 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F1 | 4,358 | $0.00 | $0.00 |
| Exercise | Common Stock F2, F1, F3 | 3,108 | -- | -- |
| Exercise | Common Stock F4, F1, F3 | 4,358 | -- | -- |
Holdings After Transaction:
Performance Stock Units — 54,760 contracts (Direct);
Common Stock — 181,487 shares (Direct)
Footnotes (6)
- F1. Performance stock units ("PSUs") convert into common stock on a one-for-one basis.
- F2. 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 34,185 have vested as of the date of this Form 4.
- F3. Includes (i) 5,208 unvested restricted stock units ("RSUs") of the 83,333 RSUs granted to the Reporting Person on January 11, 2023, (ii) 15,538 unvested RSUs of the 49,723 RSUs granted to the Reporting Person on January 11, 2024, (iii) 39,222 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) 3,049 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
- F4. 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 30,507 have vested as of the date of this Form 4.
- F5. Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- F6. 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: 8,863 shares
Sale price: $28.48 per share
Performance Stock Units converted: 3,108 units
+1 more
4 metrics
Shares sold
8,863 shares
October 12, 2026
Sale price
$28.48 per share
Sale on October 12, 2026
Performance Stock Units converted
3,108 units
Conversion into common stock on October 9, 2026
Performance Stock Units converted
4,358 units
Conversion into common stock on October 9, 2026
Key Terms
Performance stock units, Rule 10b5-1 plan, restricted stock units
3 terms
Performance stock units financial
"Performance stock units ("PSUs") convert into common stock"
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.
Rule 10b5-1 plan regulatory
"Transaction effected pursuant to a Rule 10b5-1 plan"
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 financial
"unvested restricted stock units ("RSUs")"
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.
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