Boyle Dana 4
4 · Liquidia Corp · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Liquidia (LQDA) CAO Dana Boyle Sells 1,580 Shares
What Happened
Dana Boyle, Liquidia Corporation’s Chief Accounting Officer, sold 1,580 shares of LQDA common stock on January 26, 2026 at $41.65 per share, generating $65,807. The filing indicates the sale was executed under a preexisting Rule 10b5‑1 trading plan and the shares were sold to cover taxes related to the settlement of restricted stock units (RSUs).
Key Details
- Transaction date and price: Jan 26, 2026 — 1,580 shares sold at $41.65 per share (total proceeds $65,807).
- Transaction type: Sale (S); effected pursuant to a Rule 10b5‑1 plan (Footnote F1).
- Reason for sale: Shares sold to cover taxes associated with RSU settlement (Footnote F2).
- Report filing date: Jan 28, 2026 — appears timely (filed within the two-business-day window).
- Holdings noted in the filing (Footnote F3): includes multiple unvested RSU grants (totaling many tens of thousands across 2022–2026 grants) and 3,527 shares acquired under the 2020 Employee Stock Purchase Plan. The filing does not state a single consolidated “shares owned after transaction” total in the provided text.
Context
- Sales to cover tax withholding on vested RSUs are routine administrative transactions and, when done under a 10b5‑1 plan, are prearranged; they are not a clear signal of the insider’s view on the company’s prospects.
- Because this was a sale (not a purchase or exercise), it typically provides less informational value about the insider’s sentiment than a direct open‑market purchase.
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Boyle Dana
Chief Accounting Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-01-26$41.65/sh−1,580$65,807→ 178,848 total
Footnotes (3)
- [F1]Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- [F2]These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on January 25, 2023.
- [F3]Includes (i) 942 unvested RSUs of the 15,075 RSUs granted to the Reporting Person on January 16, 2022, (ii) 12,500 unvested RSUs of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (iii) 28,542 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iv) 38,145 unvested RSUs of the 50,861 RSUs granted to the Reporting Person on January 11, 2025, (v) 25,000 RSUs granted to the Reporting Person on July 1, 2025, none of which have vested as of the date of this Form 4, (vi) 23,728 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (vii) 3,527 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
Signature
/s/ Dana Boyle|2026-01-28