Form 4: Liquidia Corp Executive Jason Adair Reports Stock Transactions
SEC Form 4 Filing
Chief Business Officer Jason Adair reports stock transactions, including the vesting and sale of restricted stock units, under a pre-arranged trading plan.
Summary
- Jason Adair, Chief Business Officer of Liquidia Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 28, 2025, 1,562 restricted stock units (RSUs) vested and were converted into common stock.
- Also on February 28, 2025, 1,562 shares of common stock were acquired upon the vesting of RSUs.
- On March 3, 2025, 451 shares were sold at a price of $15.45 per share to cover taxes associated with the settlement of RSUs.
- Following these transactions, Adair directly owns 182,254 shares of Liquidia Corp common stock.
- The sale on March 3, 2025, was executed under a Rule 10b5-1 trading plan adopted on June 13, 2022.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions under a pre-arranged trading plan. There is no indication of unusual or unexpected activity.
Industry Context
Executive stock transactions are a common occurrence and are closely monitored by investors for insights into management's perspective on the company's performance and future prospects. Form 4 filings provide transparency regarding these transactions.
Key Dates
| Date | Description |
|---|---|
| January 16, 2022 | Reporting Person was granted 25,000 RSUs |
| June 13, 2022 | Rule 10b5-1 plan adopted by the Reporting Person |
| January 16, 2023 | 25% of the 25,000 RSUs granted on January 16, 2022 vested |
| July 6, 2023 | Reporting Person was granted 25,000 RSUs |
| January 11, 2024 | Reporting Person was granted 39,588 RSUs |
| January 11, 2025 | Reporting Person was granted 61,895 RSUs |
| February 28, 2025 | 1,562 RSUs vested and were converted into common stock |
| March 03, 2025 | 451 shares were sold at $15.45 per share |
| March 04, 2025 | Date of Form 4 filing |
Keywords
Form 4, Liquidia Corp, Jason Adair, Beneficial Ownership, Restricted Stock Units, Rule 10b5-1, Stock Sale, Officer Transactions
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