Liquidia Corp — Director's Dealing 2025

Oct 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liquidia Corp (LQDA)
CIK: 0001819576
Period of Report: 2025-10-13

Reporting Person: Boyle Dana (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-13	Common Stock	S	1238	$23.41	Disposed	185411	Direct

Footnotes

F1: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.

F2: These shares were sold to cover taxes associated with the settlement of restricted stock units ("RSUs") that were initially granted to the Reporting Person on January 11, 2024.

F3: Includes (i) 1,884 unvested RSUs of the 15,075 RSUs granted to the Reporting Person on January 16, 2022, (ii) 18,750 unvested RSUs of the 50,000 RSUs granted to the Reporting Person on January 25, 2023, (iii) 32,110 unvested RSUs of the 57,085 RSUs granted to the Reporting Person on January 11, 2024, (iv) 50,861 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 (v) 25,000 RSUs granted to the Reporting Person on July 1, 2025, none of which have vested as of the date of this Form 4 and (vi) 11,869 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.