Raman Singh - 21 May 2026 Form 4 Insider Report for Liquidia Corp (LQDA)

Reporting relationship: Director
Issuer ticker: LQDA
Reported as of: 21 May 2026
Net transaction value: -$1,773,436
SEC form: 4
Accepted by SEC: 26 May 2026, 18:17:41 UTC
Prior SEC filing: 17 Mar 2026
Next SEC filing: 18 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Raman Singh

Key filing fact

Raman Singh filed Form 4 for Liquidia Corp (LQDA) on 26 May 2026.

Key facts

This page summarizes Raman Singh's Form 4 filing for Liquidia Corp (LQDA).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 26 May 2026, 18:17.

Change

Previous filing in this sequence was filed on 17 Mar 2026.
Current net transaction value: -$1,773,436.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001747589 Primary reporting owner

SINGH RAMAN

Relationship: Director
Address: 419 DAVIS DRIVE, SUITE 100, MORRISVILLE
Signature: /s/ Raman Singh
Signature date: 26 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LQDA transaction

Common Stock

Options Exercise

Transaction value
Shares: +19,444
Change %: +50%
Price: $8.63^*
Shares after: 58,199
Date: 21 May 2026
Ownership: Direct
Footnotes: F1

LQDA transaction

Common Stock

Options Exercise

Transaction value
Shares: +10,050
Change %: +17%
Price: $11.00^*
Shares after: 68,249
Date: 21 May 2026
Ownership: Direct
Footnotes: F1

LQDA transaction

Common Stock

Sale

Transaction value: $1,773,436
Shares: -29,494
Change %: -43%
Price: $60.13
Shares after: 38,755
Date: 21 May 2026
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LQDA transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -19,444
Change %: -97%
Price: $0.000000^*
Shares after: 556
Date: 21 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 19,444
Exercise price: $8.63
Footnotes: F4

LQDA transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -10,050
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 21 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,000
Exercise price: $11.00
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Includes 18,396 restricted stock units granted to the Reporting Person on June 17, 2025, none of which have vested as of the date of this Form 4.

Footnote F2

Represents the subsequent sale of the underlying shares from the exercise of stock options reported on this Form 4.

Footnote F3

Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $59.95 to $60.38. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

Represents the date exercisable applicable to the exercise of stock options reported on this Form 4. The option vests in 36 equal monthly installments and will become fully vested on June 19, 2026.

Footnote F5

The option vested in 36 equal monthly installments and became fully vested on July 30, 2021.