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SEC Form 4

Liquidia Corporation (LQDA) insider trading

In the 12 months to Oct 26, 2026, 13 LQDA insiders reported open-market sales of $206.7M across 43 filings; one director bought $317.9K.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$206.7M
43 filings · 13 insiders
Open-market purchases
$317.9K
1 filing · David Edward Johnson, Director
Pre-arranged sales (10b5-1)
20 of 43
$52.6M of $206.7M sold (25%)

Who traded LQDA, and when

  • Purchase
  • Sale
  • Sale, pre-arranged (10b5-1)

LQDA daily close from Oct 27, 2025 to Oct 26, 2026, between $22.45 and $91.03, last $44.36. 43 sale and 1 purchase filings by 13 insiders, marked at their filing dates. Stephen M. Bloch, Director: sold $125.1M across 12 filings, first filed Mar 30, 2026, last Oct 7, 2026. Roger Jeffs, Chief Executive Officer: sold $25.0M across 10 filings, first filed Apr 13, 2026, last May 28, 2026. Paul B. Manning, Director: sold $12.8M across 1 filing, first filed Jun 8, 2026, last Jun 8, 2026. Michael Kaseta, CFO and COO: sold $12.1M across 3 filings, first filed Apr 13, 2026, last Apr 16, 2026. Rajeev Saggar, Chief Medical Officer: sold $9.2M across 3 filings, first filed Nov 7, 2025, last Aug 19, 2026. Jason Adair, Chief Business Officer: sold $6.2M across 2 filings, first filed Nov 20, 2025, last Aug 25, 2026. David Edward Johnson, Director: sold $317.9K and bought $317.9K across 2 filings, first filed May 20, 2026, last May 20, 2026. 6 others: sold $16.2M across 11 filings, first filed Nov 12, 2025, last Sep 15, 2026.

Largest mark · tap a row for others

Stephen M. Bloch · Director

Filing 1 of 3 within a week · $46,416,253 total

Sale $5,507,782

84,800 shares at $64.95 avg

Filed Jun 8, 2026 · traded Jun 4

Close on filing date $63.90

LQDA daily closelast $44.36

Stephen M. Bloch · Director

$125.1M sold

Roger Jeffs · Chief Executive Officer

$25.0M sold

Paul B. Manning · Director

$12.8M sold

Michael Kaseta · CFO and COO

$12.1M sold

Rajeev Saggar · Chief Medical Officer

$9.2M sold

Jason Adair · Chief Business Officer

$6.2M sold

David Edward Johnson · Director

$317.9K sold$317.9K bought

6 others

$16.2M sold
One row per insider, smaller filers combined; marks sit at the SEC filing date, sized by dollar value.

Open-market trades

44 filings in the last 12 months
Other insider activity (not market trades) · 182 records
  • Option exercises97 records
  • Tax withholding (sold to cover)66 records
  • Grants and awards17 records
  • Other2 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.
Counted once
When several owners (a fund and its partners, say) report the same trade, it's counted once. Corrected filings replace the originals.

Frequently asked questions

Has the Liquidia Corporation's CEO sold stock?

Yes. Roger Jeffs (CEO) sold 500,000 shares ($25.0M) between Apr 2026 and May 2026, all under a pre-arranged 10b5-1 plan.

How current is LQDA’s insider data?

These are LQDA Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

Build with AI

Track LQDA insider trades with your agent

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for LQDA every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

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