4//SEC Filing
Kaseta Michael 4
Accession 0001104659-26-003374
CIK 0001819576other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 4:34 PM ET
Size
13.9 KB
Accession
0001104659-26-003374
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Kaseta Michael
CFO and COO
Transactions
- Exercise/Conversion
Common Stock
[F2][F1][F3]2026-01-09+5,828→ 359,651 total - Exercise/Conversion
Common Stock
[F4][F1][F3]2026-01-09+28,200→ 387,851 total - Sale
Common Stock
[F5][F6][F3]2026-01-12$37.43/sh−36,932$1,382,365→ 350,919 total - Exercise/Conversion
Performance Stock Units
[F1]2026-01-09−5,828→ 46,625 total→ Common Stock (5,828 underlying) - Exercise/Conversion
Performance Stock Units
[F1]2026-01-09−28,200→ 84,597 total→ Common Stock (28,200 underlying)
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 93,250 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 46,625 have vested as of the date of this Form 4.
- [F3]Includes (i) 31,167 unvested restricted stock units ("RSUs") of the 124,667 RSUs granted to the Reporting Person on January 11, 2023, (ii) 46,625 unvested RSUs and 25,000 unvested RSUs of the 93,250 RSUs and 50,000 RSUs granted to the Reporting Person on January 11, 2024 and January 15, 2024, respectively, (iii) 84,597 unvested RSUs of the 112,797 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 11,257 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
- [F4]On January 11, 2025, the Reporting Person was granted 112,797 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 28,200 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 that were initially granted to the Reporting Person on January 11, 2023, January 11, 2024, January 15, 2024 and January 11, 2025.
Signature
/s/ Michael Kaseta|2026-01-13
Documents
Issuer
Liquidia Corp
CIK 0001819576
Entity typeother
Related Parties
1- filerCIK 0001724346
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 4:34 PM ET
- Size
- 13.9 KB