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sellModerate cluster of 6

Caligan Partners LP sold $318k of LQDA

director, owner, other at Liquidia Corp. 5,300 shares at an average of $59.98, traded May 19, 2026, filed May 20, 2026.

Warning score
44
Value
$318k
5,300 shares
Holdings after
8,133,651
-0% from before
From 52-week low
+400%
low $12.00, close $59.98
From 52-week high
0%
high $59.98, as of May 19, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $318k at market
    +14
  • Share of holdings sold
    Sold 0.1% of holdings
    0
  • Cluster
    6 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +15.1%, 3m +22.0%, 6m -.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

LQDAOct 9, 2026 · close 27.38
Since filing May 20, 2026: -55.7%SPY +5.6% · excess -61.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000902664-26-002578, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 19, 2026SOpen-market sale
Common Stock, $0.001 par value per share ("Common Stock")indirect: See footnote
-5,300$59.98$318k8,133,651May 20, 2026
May 19, 2026POpen-market purchase
Common Stockindirect: See footnote
+5,300$59.98$318k8,138,951May 20, 2026

Related signals

Other insiders at Liquidia Corp and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
60Notable
LQDAsell
Liquidia Corp
Stephen M Bloch
director
$6.4M
235,477 shares
-100%
43Moderate
LQDAsell 2
Liquidia Corp
Raman Singh
director
$1.2M
17,492 shares
-33%
3Weak
LQDAsell 210b5-1
Liquidia Corp
Sarah Krepp
Chief Human Resource Officer
$19k
274 shares
-0%
60Notable
LQDAsell 3
Liquidia Corp
Stephen M Bloch
director
$7.6M
100,000 shares
-10%
60Notable
LQDAsell 5
Liquidia Corp
Stephen M Bloch
director
$14M
196,111 shares
-17%
40Moderate
LQDAsell 510b5-1
Liquidia Corp
Sarah Krepp
Chief Human Resource Officer
$1.7M
24,880 shares
-17%
60Notable
LQDAsell 6
Liquidia Corp
Stephen M Bloch
director
$27M
388,223 shares
-25%
60Notable
LQDAsell 6
Liquidia Corp
Stephen M Bloch
director
$14M
220,835 shares
-12%
23Weak
LQDAsell 610b5-1
Liquidia Corp
Sanjeev Khindri
Chief Development Officer
$271k
4,134 shares
-6%
55Moderate
LQDAsell 7
Liquidia Corp
Stephen M Bloch
director
$5.5M
84,800 shares
-5%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Caligan Partners LP sold $318k of LQDA | InsiderTell