Sarah Krepp - 01 Jul 2025 Form 4 Insider Report for Liquidia Corp (LQDA)

Role: Chief Human Resource Officer
Signature: /s/ Sarah Krepp
Issuer symbol: LQDA
Transactions as of: 01 Jul 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Jul 2025, 13:16:45 UTC
Next filing: 15 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Krepp Sarah	Chief Human Resource Officer	419 DAVIS DRIVE, SUITE 100, MORRISVILLE	/s/ Sarah Krepp	03 Jul 2025	0002074990

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LQDA	Common Stock	Award	$0	+25,000	+21%	$0.000000	145,172	01 Jul 2025	Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	25% of the RSUs shall vest on July 11, 2026 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter.
F3	Includes (i) 40,381 unvested RSUs of the 61,465 RSUs granted to the Reporting Person on January 11, 2024, (ii) 12,459 RSUs granted to the Reporting Person on July 1, 2024, none of which have vested as of July 1, 2025, (iii) 50,861 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of July 1, 2025 and (iv) 4,472 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.