Sarah Krepp, Chief Human Resource Officer of Liquidia Corp (NASDAQ:LQDA), filed a Form 4 on September 3, 2026, disclosing a sale of 274 shares of common stock on September 1, 2026, executed under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 274 shares of Liquidia Corp common stock were disposed of on September 1, 2026.
  • Sale price: The volume weighted average price was $67.7603, with individual transactions ranging from $67.76 to $68.24, according to the filing.
  • Purpose of sale: The filing states the shares were sold to cover taxes associated with the settlement of Restricted Stock Units (RSUs).
  • 10b5-1 plan: The transaction was effected pursuant to a Rule 10b5-1 plan adopted by Krepp on December 15, 2023.
  • Post-transaction ownership: Following the transaction, Krepp beneficially owned 117,308 shares directly, according to the filing.
  • Unvested RSUs included: The 117,308 total includes multiple tranches of unvested RSUs and 404 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

Liquidia Corp CHRO's RSU Tax-Related Share Sale: Filing Details

According to the Form 4 filed with the SEC on September 3, 2026, Sarah Krepp, serving as Chief Human Resource Officer of Liquidia Corp, disposed of 274 shares of common stock on September 1, 2026. The filing identifies the transaction code as "S" (a sale) and notes the transaction was made under a Rule 10b5-1 plan that Krepp adopted on December 15, 2023. The shares were sold specifically to cover tax obligations arising from the settlement of RSUs.

The reported volume weighted average sale price was $67.7603 per share, with the range of individual transaction prices spanning $67.76 to $68.24. The filing states that Krepp "undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range."

Following the reported transaction, Krepp's direct beneficial ownership stood at 117,308 shares. The filing details that this total includes: 21,174 unvested RSUs from a January 11, 2024 grant of 61,465 RSUs; 6,229 unvested RSUs from a July 1, 2024 grant of 12,459 RSUs; 31,787 unvested RSUs from a January 11, 2025 grant of 50,861 RSUs; 18,750 unvested RSUs from a July 1, 2025 grant of 25,000 RSUs; 23,728 RSUs granted January 16, 2026, none of which had vested as of the filing date; and 404 shares acquired under the Liquidia Corporation 2020 Employee Stock Purchase Plan.

What Was Disclosed

Liquidia Corp's Chief Human Resource Officer Sarah Krepp reported a sale of 274 common shares on September 1, 2026, at a volume weighted average price of $67.7603, executed under a 10b5-1 plan to cover RSU settlement taxes, leaving her with 117,308 shares beneficially owned.