The Form 4 filing was submitted on October 13, 2026, for a sale made on October 12. Form 4 is an SEC report of an insider's stock activity. The report identifies Schundler Russell as Liquidia Corp's general counsel.
Transaction details
| Transaction | |
|---|---|
| Date of Earliest Transaction | 2026-10-12 |
| Date of Latest Transaction | 2026-10-12 |
| Buy/Sell | sell |
| Transaction Count | 1 |
| Shares Transacted | 13,692 |
| Price | $28.48 |
| Total Transaction Value | $389,948.16 |
| Insider | |
| Ticker Symbol | LQDA |
| Company | Liquidia Corp |
| Insider Name | Schundler Russell |
| Insider Title | General Counsel |
| Sector - Industry | Other - Unclassified |
| Holdings | |
| Total Shares Owned After Transaction | 602,841 |
| Position Size Change | 2.22% |
| Filing | |
| Filing Date | 2026-10-13 |
| SEC Link | View filing |
FAQ
What type of transaction is this?
This was a stock sale, reported with transaction code S. It involved one transaction in Liquidia Corp (LQDA) shares.
What was the average price of the transaction?
The average sale price was $28.48 per share.
How did this transaction affect the insider's holdings?
Schundler Russell sold 13,692 shares and reported owning 602,841 shares afterward. The sale represented 2.22% of the shares held before the sale.
What's the total transaction value?
The total value was $389,948.16 for the one reported sale.
Are there any special circumstances around this transaction?
The transaction information points to a Rule 10b5-1 trading plan. These plans set trading instructions in advance. The available details do not show whether that reference covers this sale. The plan's terms and start date are unknown.
The sale also has a link to covering taxes or paying to use a stock option. A stock option gives someone the right to buy shares at a set price. No footnote text is available to explain the exact payment purpose. The available details do not show whether taxes were the only cost involved.
For research purposes only; not investment advice.