Liquidia Corp: Chief accounting officer Boyle Dana sold 5,892 shares

What happened

• Boyle Dana, chief accounting officer, converted 3,178 performance stock units into 3,178 shares on Oct 9, 2026 (derivative exercise/conversion). The filing shows a separate exercise/conversion entry for 3,178 shares at $0.00.
• On Oct 12, 2026, Boyle sold 5,892 shares in an open-market transaction at $28.48 per share for total proceeds of $167,804.

Key details

• Transaction dates and prices: Oct 9, 2026 conversion of 3,178 PSUs (derivative exercise, $0.00 reported); Oct 12, 2026 sale of 5,892 shares at $28.48 for $167,804.
• Shares owned after the transactions: not stated in the filing.
• Footnotes from the filing:
  • F1: PSUs convert into common stock on a one-for-one basis.
  • F2: Of the PSUs granted on Jan 11, 2025 (50,861 total), 22,252 had vested as of the filing date.
  • F3: Lists various unvested RSUs and 4,368 shares from the 2020 employee stock purchase plan included in holdings.
  • F4: The sale was effected pursuant to a Rule 10b5-1 plan adopted Dec 15, 2023.
  • F5: The filing says the shares sold were to cover taxes associated with settlement of RSUs and PSUs granted on Jan 11, 2024, Jan 11, 2025 and Jul 1, 2025.
• Filing date: Oct 13, 2026; transactions reported for Oct 9, 2026 and Oct 12, 2026.

Why it may matter

• The filing shows conversion of PSUs into common stock and a subsequent market sale; the filing states the sale was made under a 10b5-1 plan and was used to cover taxes from equity settlements. The filing does not show why the insider traded or why the company acted.