Liquidia Corp: director Stephen M. Bloch sold 235,477 shares

What happened

• The filing shows Stephen M. Bloch, a director, sold 235,477 shares in open-market or private sales on Oct 5, 2026 for a weighted average price of $27.13, resulting in total proceeds of $6,387,596.

Key details

• Transaction date and price: Oct 5, 2026; weighted average price reported $27.13; sales executed at prices ranging from $26.745 to $27.59 (footnote).
• Total shares sold: 235,477; total proceeds: $6,387,596.
• Transaction code: S (sale).
• Shares owned after the transaction: the filing does not state the amount of securities owned following the reported transaction.
• Relevant footnotes:
  • F1: Price is a weighted average; shares sold in multiple transactions at prices from $26.745 to $27.59; reporting person will provide breakdown on request.
  • F2: Shares were held directly by Canaan VIII L.P.; amount reported reflects reductions for distributions made by Canaan LP and Canaan Partners VIII LLC to members, including the reporting person, under Rule 16a-9 and Rule 16a-13 exemptions.
  • F3: Canaan Partners VIII LLC is the sole general partner of Canaan LP; investment and voting decisions for Canaan LP securities are made by Canaan LLC managers; the reporting person disclaims beneficial ownership except for any pecuniary interest and did not participate in the investment decision due to a communications-screen policy.
  • F4: Includes 32,976 shares received in the distribution described in F2.
• Filing date: Oct 7, 2026.

Why it may matter

• The filing reports a direct sale of shares by a director (not an option exercise or gift).
• The filing does not show why the insider traded or why the company acted.