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sellWeak cluster of 1010b5-1 plan

Jason Adair sold $562k of LQDA

Chief Business Officer at Liquidia Corp. 7,863 shares at an average of $71.51, traded Jul 13, 2026, filed Jul 14, 2026.

Warning score
14
Value
$562k
7,863 shares
Holdings after
217,126
-3% from before
From 52-week low
+402%
low $14.19, close $71.21
From 52-week high
-13%
high $81.45, as of Jul 13, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $562k at market
    +19
  • Share of holdings sold
    Sold 3.5% of holdings
    0
  • Cluster
    10 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

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 Jul 14, 2026: -64.2%SPY +3.8% · excess -68.0%

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 0001104659-26-083618, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jul 10, 2026MOption exercise
Common Stock10b5-1
+3,907--218,645Jul 14, 2026
Jul 10, 2026MOption exercise
Common Stock10b5-1
+2,475--221,120Jul 14, 2026
Jul 10, 2026MOption exercise
Common Stock10b5-1
+3,869--224,989Jul 14, 2026
Jul 13, 2026SOpen-market sale
Common Stock10b5-1
-562$71.39$40k224,427Jul 14, 2026
Jul 13, 2026SOpen-market sale
Common Stock10b5-1
-7,301$71.52$522k217,126Jul 14, 2026
Jul 10, 2026MOption exercise
Restricted Stock Unitsderivative10b5-1
-3,907$0.00$07,812Jul 14, 2026
Jul 10, 2026MOption exercise
Performance Stock Unitsderivative10b5-1
-2,475$0.00$014,845Jul 14, 2026
Jul 10, 2026MOption exercise
Performance Stock Unitsderivative10b5-1
-3,869$0.00$038,684Jul 14, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
Pro nowfree Oct 14, 2026
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%
10Weak
LQDAsell 410b5-1
Liquidia Corp
Sarah Krepp
Chief Human Resource Officer
$19k
274 shares
-0%
30Weak
LQDAsell 410b5-1
Liquidia Corp
Jason Adair
Chief Business Officer
$5.1M
73,631 shares
-30%
40Moderate
LQDAsell 410b5-1
Liquidia Corp
Katherine Rielly-Gauvin
director
$4.1M
55,182 shares
-68%
50Moderate
LQDAsell 3
Liquidia Corp
Rajeev Saggar
Chief Medical Officer
$6.0M
79,534 shares
-46%
17Weak
LQDAsell 1010b5-1
Liquidia Corp
Jason Adair
Chief Business Officer
$60k
688 shares
-0%
21Weak
LQDAsell 1010b5-1
Liquidia Corp
Dana Boyle
Chief Accounting Officer
$140k
1,600 shares
-1%
65Notable
LQDAsell 10
Liquidia Corp
Stephen M Bloch
director
$18M
200,000 shares
-29%
60Notable
LQDAsell 10
Liquidia Corp
Stephen M Bloch
director
$6.3M
78,596 shares
-10%

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.

Jason Adair sold $562k of LQDA | InsiderTell