Liquidia Corp — Director's Dealing 2025

Apr 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Liquidia Corp (LQDA)
CIK: 0001819576
Period of Report: 2025-04-14

Reporting Person: Schundler Russell (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-14	Common Stock	S	5964	$13.57	Disposed	570301	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14500	Indirect

Footnotes

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

F2: These shares of common stock were sold to cover taxes associated with the settlement of restricted stock units ("RSUs").

F3: Includes (i) 45,573 unvested RSUs of the 104,167 RSUs granted to the Reporting Person on January 11, 2023, (ii) 75,718 unvested RSUs of the 110,135 RSUs granted to the Reporting Person on January 11, 2024, (iii) 102,543 RSUs granted to the Reporting Person on January 11, 2025, none of which have vested as of the date of this Form 4 and (iv) 11,029 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

F4: The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.