Monitor for actual sale execution in upcoming days; while 10b5-1 plans are prearranged and not necessarily indicative of negative sentiment, the size of this proposed sale is notable. Compare with recent $3.9M in insider sales over the past 30 days for context on selling pressure.
Price Chart
Executive Summary
Michael Kaseta, an officer of Liquidia Corp, filed a Form 144 to notify intent to sell up to 189,580 shares of common stock, valued at approximately $7.2 million based on recent trading prices. The shares were acquired through vesting of restricted stock units and employee stock purchase plan transactions.
Key Facts
- Reporting owner: Michael Kaseta, Officer of Liquidia Corp
- Proposed sale: 189,580 shares of common stock
- Approximate value: $7.2 million (based on $38/share implied price)
- Shares acquired via vesting of RSUs and ESPP from August 2022 to April 2025
- Sales occurred between March 2 and April 15, 2026, under a 10b5-1 plan
Financial Impact
$7.2 million in potential insider selling
Risk Factors
- Perception of insider selling could weigh on investor sentiment
- Concentration of sales under 10b5-1 plan may suggest lack of confidence if not previously disclosed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-003492 |
| Document: 0001950047-26-003492-index.html | 0001950047-26-003492 |
| Document: 0001950047-26-003492.txt | 0001950047-26-003492 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 8-K | $33.94 $34.78 | ▲ +2.48% | ▲ +2.19% | $43.74 (+28.87%) |
Oct 13, 2026 13d ago | Insider Cluster | $33.94 $34.78 | ▲ +2.48% | ▲ +2.19% | $43.74 (+28.87%) |
Sep 30, 2026 26d ago | 8-K | $27.99 $28.64 | ▼ −2.32% | ▼ −1.58% | $43.74 (−56.27%) |
Sep 3, 2026 7w ago | 8-K | $68.63 $68.66 | ▲ +0.04% | ▲ +0.43% | $43.74 (−36.27%) |
Sep 3, 2026 7w ago | Press Release | $68.63 $68.66 | ▲ +0.04% | ▲ +0.43% | $43.74 (−36.27%) |
Aug 25, 2026 8w ago | Insider Cluster | $71.36 $69.94 | ▼ −1.99% | ▼ −2.65% | $43.74 (−38.71%) |
Aug 21, 2026 9w ago | Insider Cluster | $70.27 $70.49 | ▲ +0.31% | ▼ −0.01% | $43.74 (−37.75%) |
Aug 12, 2026 10w ago | 8-K | $78.79 $72.10 | ▼ −8.49% | ▼ −9.19% | $43.74 (−44.49%) |
Aug 12, 2026 10w ago | Press Release | $78.79 $72.10 | ▲ +8.49% | ▲ +9.19% | $43.74 (+44.49%) |
Jul 29, 2026 12w ago | Insider Cluster | $86.80 $84.11 | ▼ −3.10% | ▼ −3.82% | $43.74 (−49.61%) |
US Market Status
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