Schundler Russell 4

4 · Liquidia Corp · Filed Mar 3, 2026

Form 4

Period: 2026-02-27

General Counsel

Transactions

Exercise/Conversion
Common Stock
[F2][F1][F3]
2026-02-27+2,344→ 615,130 total
Sale
Common Stock
[F4][F5][F3]
2026-03-02$30.58/sh−1,073$32,812→ 614,057 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-27−2,344→ 0 total
→ Common Stock (2,344 underlying)

Holdings

Footnotes (6)

[F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
[F2]On January 16, 2022, the Reporting Person was granted 37,500 RSUs with 25% of the RSUs vesting on February 28, 2023 and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 37,500 have vested as of the date of this Form 4.
[F3]Includes (i) 26,042 unvested RSUs of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 55,067 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 76,907 unvested RSUS of the 102,543 RSUs granted to the Reporting Person on January 11, 2025, (iv) 32,955 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,306 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
[F4]Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
[F5]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 16, 2022.
[F6]The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

Signature

/s/ Russell Schundler|2026-03-03

Documents

1 file