ADAIR JASON (Chief Business Officer) sold 3.5% of their position (7.86K shares) of LIQUIDIA CORP on the open market

Open‑market sale worth $562.3K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

ADAIR JASON

Filed: 7/15/2026ACC: 0001104659-26-083618

InsiderADAIR JASONCIK 1747055

→

IssuerLIQUIDIA CORPCIK 1819576

Officer· Chief Business Officer

Since Feb 2026

-7.86K

Net shares

Net seller

$562.3K

Total sold

Open market trades

0B · 2S

Total transactions

10.25K acquired · 18.11K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+3.91K

Price / share

—

Trade value

—

% of position

1.8%

7/10/2026

214.74K→218.65K

Common Stock

Direct

M · Option Exercise

+2.48K

Price / share

—

Trade value

—

% of position

1.1%

7/10/2026

218.65K→221.12K

Common Stock

Direct

M · Option Exercise

+3.87K

Price / share

—

Trade value

—

% of position

1.7%

7/10/2026

221.12K→224.99K

Common Stock

Direct

S · Sale

−562.00

Price / share

$71.39

Trade value

$40.12K

% of position

0.2%

7/13/2026

224.99K→224.43K

Common Stock

Direct

S · Sale

−7.30K

Price / share

$71.52

Trade value

$522.17K

% of position

3.3%

7/13/2026

224.43K→217.13K

Total

Net shares

+2.39K

Net value

-$562.29K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/10/2026	M · Option Exercise	+3.91K	—	—	1.8%	214.74K	218.65K
Common Stock Direct	7/10/2026	M · Option Exercise	+2.48K	—	—	1.1%	218.65K	221.12K
Common Stock Direct	7/10/2026	M · Option Exercise	+3.87K	—	—	1.7%	221.12K	224.99K
Common Stock Direct	7/13/2026	S · Sale	−562.00	$71.39	$40.12K	0.2%	224.99K	224.43K
Common Stock Direct	7/13/2026	S · Sale	−7.30K	$71.52	$522.17K	3.3%	224.43K	217.13K
Total			+2.39K		-$562.29K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.91K shares

−3.91K

Strike price

Held after

7.81K

Exercisable

—

7/10/2026

Performance Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

2.48K shares

−2.48K

Strike price

Held after

14.85K

Exercisable

—

7/10/2026

Performance Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.87K shares

−3.87K

Strike price

Held after

38.68K

Exercisable

—

7/10/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock3.91K shares	7/10/2026	M · Option Exercise	−3.91K	—	7.81K
Performance Stock Units Direct	Common Stock2.48K shares	7/10/2026	M · Option Exercise	−2.48K	—	14.85K
Performance Stock Units Direct	Common Stock3.87K shares	7/10/2026	M · Option Exercise	−3.87K	—	38.68K