LQDA Liquidia Corp
Price Chart
Executive Summary
Director Paul B. Manning filed a Form 144 on June 4, 2026, indicating intent to sell 200,000 shares of Liquidia Corp common stock, with an estimated aggregate market value of approximately $11.1 million based on the filing date. This represents a material insider sale from a director, adding to the $8.5M in insider selling over the prior 30 days, and comes amid a $5.0B market cap with 93% bullish analyst consensus.
Actionable Insight
The filing signals a director's intent to monetize a significant position. With $8.5M in insider sales already this month, the pattern warrants monitoring for further insider distribution. The stock's strong recent performance (historical reports show large positive moves) may be providing an exit window. Watch for actual execution on Form 4 and any accompanying negative catalysts.
Key Facts
- Director Paul B. Manning filed Form 144 to sell 200,000 shares of LQDA common stock
- Estimated aggregate market value of the proposed sale is approximately $11.1 million
- Shares were acquired in a Registered Direct Offering on 04/13/2022 and a PIPE on 12/27/2019
- Insider selling in the prior 30 days totaled $8.5M across 9 transactions
- Manning has not sold any shares in the past 3 months per the filing
Financial Impact
Proposed sale of 200,000 shares valued at ~$11.1M, representing ~0.22% of the $5.0B market cap
Risk Factors
- Insider selling may indicate management's view that the stock is fully valued or that near-term catalysts are priced in
- Continued insider distribution could pressure the stock if selling accelerates
- The filing is an intent to sell; the actual sale may not occur or may be at different prices
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001494695-26-000009 |
| Document: 0001494695-26-000009-index.html | 0001494695-26-000009 |
| Document: 0001494695-26-000009.txt | 0001494695-26-000009 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
5d ago
|
Institutional Cluster
| $71.63 $71.23 | ▼ −0.55% | ▼ −1.09% | $68.01 (−5.05%) |
|
Jun 10, 2026
6d ago
|
144
| $71.63 $71.23 | ▲ +0.55% | ▲ +1.09% | $68.01 (+5.05%) |
|
Jun 8, 2026
8d ago
|
Insider Cluster
| $64.01 $65.25 | ▲ +1.94% | ▲ +3.51% | $68.01 (+6.25%) |
|
Jun 8, 2026
8d ago
|
CLUSTER / 8-K
| $64.01 $65.25 | ▲ +1.94% | ▲ +3.51% | $68.01 (+6.25%) |
|
Jun 4, 2026
12d ago
|
144
| $61.85 $63.90 | ▼ −3.31% | ▼ −3.09% | $68.01 (−9.96%) |
|
Jun 4, 2026
12d ago
|
144
| $61.85 $63.90 | ▼ −3.31% | ▼ −3.09% | $68.01 (−9.96%) |
|
Jun 3, 2026
13d ago
|
Insider Cluster
| $62.54 $61.85 | ▼ −1.10% | ▲ +1.50% | $68.01 (+8.75%) |
|
Jun 1, 2026
15d ago
|
144
| $58.75 $55.11 | ▼ −6.20% | ▼ −6.34% | $68.01 (+15.76%) |
|
May 26, 2026
21d ago
|
Insider Cluster
| $62.03 $62.03 | · 0.00% | ▼ −0.55% | $68.01 (+9.64%) |
|
May 21, 2026
27d ago
|
Insider Cluster
| $61.97 $60.98 | ▼ −1.60% | ▼ −2.04% | $68.01 (+9.75%) |
US Market Status
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