LQDA Liquidia Corp
Price Chart
Executive Summary
Director Arthur S. Kirsch filed a Form 144 notice of intent to sell 30,000 shares of Liquidia Corp common stock, with an estimated aggregate market value of approximately $1,841,100. This filing signals insider intent to sell, though the sale may not be executed; it follows a period of elevated insider selling activity ($8.5M over 30 days) at a company with a $5.6B market cap and strong analyst bullishness.
Actionable Insight
Monitor for actual execution of this sale on a Form 4 filing. The proposed sale is modest relative to market cap, but the pattern of elevated insider selling ($8.5M in 30 days) warrants attention. If the stock continues to rally, additional insider selling may follow.
Key Facts
- Arthur S. Kirsch, a Director, filed Form 144 to sell 30,000 shares.
- Estimated aggregate market value of the proposed sale is $1,841,100.
- Shares were originally acquired via market purchase on 11/10/2021.
- The filing is an advance notice of intent to sell; the sale may not occur.
- LQDA has seen 9 insider sells totaling $8.5M in the past 30 days.
- LQDA market cap is $5.6B; analyst consensus is 93% bullish (13 Buy/Strong Buy, 1 Hold).
Financial Impact
Proposed sale of 30,000 shares valued at ~$1.84M, representing approximately 0.03% of market cap.
Risk Factors
- Insider selling may signal reduced conviction ahead of a catalyst or earnings.
- The sale is not guaranteed to occur; Form 144 is an intent notice only.
- Elevated insider selling volume could pressure the stock near term.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004159 |
| Document: 0001959173-26-004159-index.html | 0001959173-26-004159 |
| Document: 0001959173-26-004159.txt | 0001959173-26-004159 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
1d ago
|
Institutional Cluster
| $65.50 awaiting T+1 | awaiting T+1 | — | $71.23 (+8.75%) |
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Jun 10, 2026
2d ago
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144
| $65.21 awaiting T+1 | awaiting T+1 | — | $71.23 (−9.23%) |
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Jun 8, 2026
4d ago
|
Insider Cluster
| $63.94 awaiting T+1 | awaiting T+1 | — | $71.23 (+11.40%) |
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Jun 8, 2026
4d ago
|
CLUSTER / 8-K
| $63.94 awaiting T+1 | awaiting T+1 | — | $71.23 (+11.40%) |
|
Jun 4, 2026
8d ago
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144
| $62.76 awaiting T+1 | awaiting T+1 | — | $71.23 (−13.50%) |
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Jun 4, 2026
8d ago
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144
| $62.76 awaiting T+1 | awaiting T+1 | — | $71.23 (−13.50%) |
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Jun 3, 2026
9d ago
|
Insider Cluster
| $62.54 $61.85 | ▼ −1.10% | ▲ +1.50% | $71.23 (+13.90%) |
|
Jun 1, 2026
11d ago
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144
| $58.75 $55.11 | ▼ −6.20% | ▼ −6.34% | $71.23 (+21.24%) |
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May 26, 2026
17d ago
|
Insider Cluster
| $62.03 $62.03 | · 0.00% | ▼ −0.55% | $71.23 (+14.83%) |
|
May 21, 2026
23d ago
|
Insider Cluster
| $61.97 $60.98 | ▼ −1.60% | ▼ −2.04% | $71.23 (+14.94%) |
US Market Status
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