Jason Adair sold $208K of Liquidia stock
By AlphaYouPublished Form 4
Adair Jason
Reporting filer
Jason Adair reported selling 7,301 shares of Liquidia Corp for about $208K ($28.48 a share on average). Form 4 filed Oct 13, 2026 lists 7 entries.
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- Disclosed
- Oct 13, 2026
Reported details
7 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Adair Jason | 2026-10-09 | M | Exercise or conversion | 3906 | Not stated (see footnotes) | 178,916 | 4 days | Filed terms
|
| Common Stock | Adair Jason | 2026-10-09 | M | Exercise or conversion | 2474 | Not stated (see footnotes) | 181,390 | 4 days | Filed terms
|
| Common Stock | Adair Jason | 2026-10-09 | M | Exercise or conversion | 3868 | Not stated (see footnotes) | 185,258 | 4 days | Filed terms
|
| Common Stock | Adair Jason | 2026-10-12 | S | Sale | 7301 | 28.48 | 177,957 | 1 day | Filed terms
|
| Restricted Stock Units (derivative) | Adair Jason | 2026-10-09 | M | Exercise or conversion | 3906 | 0 | 3,906 | 4 days | Filed terms
|
| Performance Stock Units (derivative) | Adair Jason | 2026-10-09 | M | Exercise or conversion | 2474 | 0 | 12,371 | 4 days | Filed terms
|
| Performance Stock Units (derivative) | Adair Jason | 2026-10-09 | M | Exercise or conversion | 3868 | 0 | 34,816 | 4 days | Filed terms
|
Common Stock
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 3906
- Price
- Not stated (see footnotes)
- Following holdings
- 178,916
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 3906
- id: F2
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 178916
- id: F3
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2474
- Price
- Not stated (see footnotes)
- Following holdings
- 181,390
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 2474
- id: F5
- id: F4
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 181390
- id: F3
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 3868
- Price
- Not stated (see footnotes)
- Following holdings
- 185,258
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 3868
- id: F6
- id: F4
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 185258
- id: F3
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Adair Jason
- Date
- 2026-10-12
- Code
- S
- Action
- Sale
- Quantity
- 7301
- Price
- 28.48
- Following holdings
- 177,957
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-12
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: S
- equity Swap Involved: 0
- id: F7
- transaction Timeliness:
- transaction Shares: 7301
- id: F8
- transaction Price Per Share: 28.48
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 177957
- id: F3
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 3906
- Price
- 0
- Following holdings
- 3,906
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 3906
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Common Stock
- underlying Security Shares: 3906
- shares Owned Following Transaction: 3906
- direct Or Indirect Ownership: D
Performance Stock Units (derivative)
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2474
- Price
- 0
- Following holdings
- 12,371
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Performance Stock Units
- id: F4
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 2474
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F4
- id: F4
- underlying Security Title: Common Stock
- underlying Security Shares: 2474
- shares Owned Following Transaction: 12371
- direct Or Indirect Ownership: D
Performance Stock Units (derivative)
- Owner
- Adair Jason
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 3868
- Price
- 0
- Following holdings
- 34,816
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Performance Stock Units
- id: F4
- transaction Date: 2026-10-09
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 3868
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F4
- id: F4
- underlying Security Title: Common Stock
- underlying Security Shares: 3868
- shares Owned Following Transaction: 34816
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Adair Jason: Chief Business Officer.
- The filing reports a Rule 10b5-1 trading plan.
- F1: Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2: On January 11, 2023, the Reporting Person was granted 62,500 RSUs with 25% of the RSUs vesting on January 11, 2024 and the remaining RSUs vesting ratably on a quarterly basis over three years thereafter. Of those RSUs, a total of 58,594 have vested as of the date of this Form 4.
- F3: Includes (i) 6,250 unvested RSUs of the 25,000 RSUs granted to the Reporting Person on July 6, 2023, (ii) 12,371 unvested RSUs of the 39,588 RSUs granted to the Reporting Person on January 11, 2024, (iii) 34,816 unvested RSUs of the 61,895 RSUs granted to the Reporting Person on January 11, 2025, (iv) 27,683 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4 and (v) 12,427 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.
- F4: Performance stock units ("PSUs") convert into common stock on a one-for-one basis.
- F5: On January 11, 2024, the Reporting Person was granted 39,588 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 27,217 have vested as of the date of this Form 4.
- F6: On January 11, 2025, the Reporting Person was granted 61,895 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2026 and the remaining PSUs shall vest ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 27,079 have vested as of the date of this Form 4.
- F7: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- F8: These shares of common stock were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023, January 11, 2024 and January 11, 2025.
Original sources
Prepared automatically from public filing data. Report a correction.