Jason Adair sold $5.1M of LQDA
Chief Business Officer at Liquidia Corp. 73,631 shares at an average of $69.09, traded Aug 21, 2026, filed Aug 25, 2026.
Score components
- +15RoleOfficer
- +25Trade size$5.1M at market
- +10Share of holdings soldSold 30% of holdings
- +15Cluster4 insiders selling within 14 days
- -15Exercise and sellShares came from an option exercise in the same filing
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
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.
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 0001104659-26-100826, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | MOption exercise Common Stock10b5-1 | +9,000 | $9.31 | $84k | 225,438 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Common Stock10b5-1 | +11,799 | $9.31 | $110k | 237,237 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Common Stock10b5-1 | +10,762 | $14.20 | $153k | 247,999 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Common Stock10b5-1 | +238 | $14.20 | $3,380 | 248,237 | Aug 25, 2026 |
| Aug 21, 2026 | SOpen-market sale Common Stock10b5-1 | -31,799 | $69.09 | $2.2M | 216,438 | Aug 25, 2026 |
| Aug 21, 2026 | SOpen-market sale Common Stock10b5-1 | -41,832 | $69.09 | $2.9M | 174,606 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Non-Qualified Stock Option (right to buy)derivative10b5-1 | -9,000 | $0.00 | $0 | 0 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Incentive Stock Option (right to buy)derivative10b5-1 | -11,799 | $0.00 | $0 | 0 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Incentive Stock Option (right to buy)derivative10b5-1 | -10,762 | $0.00 | $0 | 0 | Aug 25, 2026 |
| Aug 21, 2026 | MOption exercise Non-Qualified Stock Option (right to buy)derivative10b5-1 | -238 | $0.00 | $0 | 0 | Aug 25, 2026 |
Related signals
Other insiders at Liquidia Corp and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| Pro nowfree Oct 14, 2026 | LQDAsell Liquidia Corp | Stephen M Bloch director | $6.4M 235,477 shares | -100% | |
| 43Moderate | Liquidia Corp | Raman Singh director | $1.2M 17,492 shares | -33% | |
| 10Weak | Liquidia Corp | Sarah Krepp Chief Human Resource Officer | $19k 274 shares | -0% | |
| 40Moderate | Liquidia Corp | Katherine Rielly-Gauvin director | $4.1M 55,182 shares | -68% | |
| 50Moderate | Liquidia Corp | Rajeev Saggar Chief Medical Officer | $6.0M 79,534 shares | -46% | |
| 17Weak | Liquidia Corp | Jason Adair Chief Business Officer | $60k 688 shares | -0% | |
| 21Weak | Liquidia Corp | Dana Boyle Chief Accounting Officer | $140k 1,600 shares | -1% | |
| 65Notable | Liquidia Corp | Stephen M Bloch director | $18M 200,000 shares | -29% | |
| 60Notable | Liquidia Corp | Stephen M Bloch director | $6.3M 78,596 shares | -10% | |
| 14Weak | Liquidia Corp | Jason Adair Chief Business Officer | $562k 7,863 shares | -3% |
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.