Form 4: Liquidia Corp CEO Roger Jeffs Reports Stock Sale to Cover Taxes
SEC Form 4 Filing
Liquidia Corp CEO Roger Jeffs sold shares to cover taxes related to the settlement of restricted stock units, according to a recent SEC filing.
Summary
- Roger Jeffs, CEO of Liquidia Corp, reported a transaction involving the company's common stock on March 18, 2024.
- He sold 28,583 shares at a price of $15.82 per share to cover taxes associated with the settlement of restricted stock units (RSUs) granted on January 11, 2023.
- Following the transaction, Jeffs directly owns 835,345 shares of common stock.
- He also indirectly owns 46,595 shares through the Roger A. Jeffs Living Trust and 1,541,667 shares through Serendipity BioPharma LLC.
- The reported holdings include unvested RSUs granted in January 2023 and January 2024, as well as shares acquired through the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 2/29/2000 | Date of Roger A. Jeffs Living Trust UAD |
| 12/15/2023 | Date of adoption of Rule 10b5-1 plan |
| 01/11/2023 | Date of initial grant of restricted stock units (RSUs) |
| 01/11/2024 | Date of grant of unvested RSUs |
| 03/18/2024 | Date of transaction (stock sale) |
| 03/19/2024 | Date of signature on the Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.