Form 4: Liquidia Corp Director Paul B. Manning Reports Changes in Beneficial Ownership

Director Paul B. Manning reports acquisition of Liquidia Corp stock through restricted stock units and details beneficial ownership.

Summary

• On June 20, 2024, Paul B. Manning, a director of Liquidia Corp, reported changes in his beneficial ownership of the company's stock.
• He acquired 20,359 shares of common stock through restricted stock units (RSUs) at a price of $0.
• These RSUs will vest on the earlier of the one-year anniversary of the grant date or the day before the next annual shareholder meeting.
• Following the transaction, Manning directly owns 299,689 shares of common stock.
• Manning also has indirect ownership through PBM Capital Finance, LLC (435,674 shares), PD Joint Holdings, LLC Series 2016-A (198,413 shares), and BKB Growth Investments, LLC (479,233 shares).

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock ownership changes. The acquisition of RSUs is a common form of compensation for directors.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, providing transparency to investors.

Key Dates