Michael Kaseta sold $539K of Liquidia stock
By AlphaYouPublished Form 4
Kaseta Michael
Reporting filer
Michael Kaseta reported selling 18,938 shares of Liquidia Corp for about $539K ($28.48 a share on average). Form 4 filed Oct 14, 2026 lists 5 entries.
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- Disclosed
- Oct 14, 2026
Reported details
5 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Kaseta Michael | 2026-10-09 | M | Exercise or conversion | 5828 | Not stated (see footnotes) | 352,037 | 5 days | Filed terms
|
| Common Stock | Kaseta Michael | 2026-10-09 | M | Exercise or conversion | 7049 | Not stated (see footnotes) | 359,086 | 5 days | Filed terms
|
| Common Stock | Kaseta Michael | 2026-10-12 | S | Sale | 18938 | 28.48 | 340,148 | 2 days | Filed terms
|
| Performance Stock Units (derivative) | Kaseta Michael | 2026-10-09 | M | Exercise or conversion | 5828 | 0 | 29,140 | 5 days | Filed terms
|
| Performance Stock Units (derivative) | Kaseta Michael | 2026-10-09 | M | Exercise or conversion | 7049 | 0 | 63,448 | 5 days | Filed terms
|
Common Stock
- Owner
- Kaseta Michael
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 5828
- Price
- Not stated (see footnotes)
- Following holdings
- 352,037
- Reporting delay
- 5 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: 5828
- id: F2
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 352037
- id: F3
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Kaseta Michael
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 7049
- Price
- Not stated (see footnotes)
- Following holdings
- 359,086
- Reporting delay
- 5 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: 7049
- id: F4
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 359086
- id: F3
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Kaseta Michael
- Date
- 2026-10-12
- Code
- S
- Action
- Sale
- Quantity
- 18938
- Price
- 28.48
- Following holdings
- 340,148
- Reporting delay
- 2 days
- 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: F5
- transaction Timeliness:
- transaction Shares: 18938
- id: F6
- transaction Price Per Share: 28.48
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 340148
- id: F3
- direct Or Indirect Ownership: D
Performance Stock Units (derivative)
- Owner
- Kaseta Michael
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 5828
- Price
- 0
- Following holdings
- 29,140
- Reporting delay
- 5 days
- Filed terms and references
Filed terms
- security Title: Performance 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: 5828
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Common Stock
- underlying Security Shares: 5828
- shares Owned Following Transaction: 29140
- direct Or Indirect Ownership: D
Performance Stock Units (derivative)
- Owner
- Kaseta Michael
- Date
- 2026-10-09
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 7049
- Price
- 0
- Following holdings
- 63,448
- Reporting delay
- 5 days
- Filed terms and references
Filed terms
- security Title: Performance 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: 7049
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Common Stock
- underlying Security Shares: 7049
- shares Owned Following Transaction: 63448
- 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.
- Kaseta Michael: CFO and COO.
- The filing reports a Rule 10b5-1 trading plan.
- F1: Performance stock units ("PSUs") convert into common stock on a one-for-one basis.
- F2: On January 11, 2024, the Reporting Person was granted 93,250 PSUs with 25% of the PSUs vesting on January 11, 2025 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 64,110 have vested as of the date of this Form 4.
- F3: Includes (i) 7,792 unvested restricted stock units ("RSUs") of the 124,667 RSUs granted to the Reporting Person on January 11, 2023, (ii) 29,140 unvested RSUs and 15,625 unvested RSUs of the 93,250 RSUs and 50,000 RSUs granted to the Reporting Person on January 11, 2024 and January 15, 2024, respectively, (iii) 63,448 unvested RSUs of the 112,797 RSUs granted to the Reporting Person on January 11, 2025, (iv) 59,320 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) 3,054 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan ("ESPP").
- F4: On January 11, 2025, the Reporting Person was granted 112,797 PSUs with 25% of the PSUs vesting on January 11, 2026 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 49,349 have vested as of the date of this Form 4.
- F5: Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023.
- F6: 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, January 15, 2024 and January 11, 2025.
Original sources
Prepared automatically from public filing data. Report a correction.