ARTHUR S. KIRSCH - 17 Jun 2025 Form 4 Insider Report for Liquidia Corp (LQDA)

Role: Director
Signature: /s/ Arthur S. Kirsch
Issuer symbol: LQDA
Transactions as of: 17 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 20 Jun 2025, 16:31:54 UTC
Previous filing: 24 Feb 2025
Next filing: 05 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kirsch Arthur S	Director	419 DAVIS DRIVE,, SUITE 100, MORRISVILLE	/s/ Arthur S. Kirsch	20 Jun 2025	0001290976

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LQDA	Common Stock	Award	$0	+18,396	+82%	$0.000000	40,755	17 Jun 2025	Direct	F1, F2
holding	LQDA	Common Stock						30,000	17 Jun 2025	Through Revocable Trust of Arthur S. Kirsch

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2	The RSUs shall vest upon the earlier of (i) the one-year anniversary of the date of grant or (ii) the day prior to the Issuer's next annual shareholder meeting following the date of grant.