Ticker · CUSIP 53635D202

LQDA

LIQUIDIA CORPORATION

Healthcare·Drug Manufacturers - Specialty & Generic

···Share

Holders (tracked)

Combined shares

5,281,164

Combined value

$182.15M

Last close

—

Quarter

2025Q4

Tracked holders · last 8 quarters

+4 vs previous quarter over the last 8.

SEC event timeline

30 events

JEFFS ROGER · Chief Executive Officer
2026-04-16
Sold $1.01M @ $40.31
Insider sell
JEFFS ROGER · Chief Executive Officer
2026-04-15
Sold $1.00M @ $40.14
Insider sell
Kaseta Michael · CFO and COO
2026-04-15
Sold $363.0K @ $40.14
Insider sell
Kaseta Michael · CFO and COO
2026-04-15
Sold $3.49M @ $40.14
Insider sell
Kaseta Michael · CFO and COO
2026-04-15
Sold $1.74M @ $40.14
Insider sell
JEFFS ROGER · Chief Executive Officer
2026-04-14
Sold $132.0K @ $40.00
Insider sell
Kaseta Michael · CFO and COO
2026-04-14
Sold $120.0K @ $40.00
Insider sell
Krepp Sarah · Chief Human Resource Officer
2026-04-13
Sold $174.9K @ $38.37
Insider sell
Saggar Rajeev · Chief Medical Officer
2026-04-13
Sold $353.8K @ $38.37
Insider sell
Boyle Dana · Chief Accounting Officer
2026-04-13
Sold $195.7K @ $38.37
Insider sell
JEFFS ROGER · Chief Executive Officer
2026-04-13
Sold $1.26M @ $38.37
Insider sell
Kaseta Michael · CFO and COO
2026-04-13
Sold $727.4K @ $38.37
Insider sell
Adair Jason · Chief Business Officer
2026-04-13
Sold $280.1K @ $38.37
Insider sell
Moomaw Scott · Chief Commercial Officer
2026-04-13
Sold $340.0K @ $38.37
Insider sell
Moomaw Scott · Chief Commercial Officer
2026-04-13
Sold $64.4K @ $38.20
Insider sell
Schundler Russell · General Counsel
2026-04-13
Sold $525.4K @ $38.37
Insider sell
JEFFS ROGER · Chief Executive Officer
2026-04-10
Sold $859.9K @ $40.12
Insider sell
Kaseta Michael · CFO and COO
2026-04-10
Sold $956.2K @ $40.14
Insider sell
Kaseta Michael · CFO and COO
2026-04-09
Sold $5.38M @ $40.24
Insider sell
JEFFS ROGER · Chief Executive Officer
2026-04-09
Sold $1.00M @ $40.12
Insider sell
Ken Griffin (Citadel Advisors) added2026-02-17
+350,632 shares · 2025Q4
Position
D.E. Shaw & Co. added2026-02-17
+179,481 shares · 2025Q4
Position
Two Sigma Investments trimmed2026-02-17
−84,053 shares · 2025Q4
Position
Izzy Englander (Millennium Mgmt) trimmed2026-02-17
−869,087 shares · 2025Q4
Position
Steve Cohen (Point72) trimmed2026-02-17
−1,500,000 shares · 2025Q4
Position
T. Rowe Price trimmed2026-02-17
−22,902 shares · 2025Q4
Position
Wellington Management trimmed2026-02-17
−6,436 shares · 2025Q4
Position
Paul Tudor Jones (Tudor Investment) opened position2026-02-17
+56,741 shares · 2025Q4
Position
AQR Capital Management added2026-02-17
+1,187 shares · 2025Q4
Position
Renaissance Technologies trimmed2026-02-12
−277,900 shares · 2025Q4
Position

Insider activity

Last 30 days

Net (open-market)

−$19.98M

Buys

0 · $0

Sells

20 · $19.98M

Unique insiders

Date	Insider	Code	Shares	Price	Value
04-16	JEFFS ROGER Chief Executive Officer · Officer, Director	S	25,000	$40.31	$1.01M
04-15	JEFFS ROGER Chief Executive Officer · Officer, Director	S	25,000	$40.14	$1.00M
04-15	Kaseta Michael CFO and COO · Officer	S	9,044	$40.14	$363.0K
04-15	Kaseta Michael CFO and COO · Officer	M	86,971	$2.79	$242.6K
04-15	Kaseta Michael CFO and COO · Officer	S	86,971	$40.14	$3.49M
04-15	Kaseta Michael CFO and COO · Officer	S	43,375	$40.14	$1.74M
04-14	JEFFS ROGER Chief Executive Officer · Officer, Director	S	3,300	$40.00	$132.0K
04-14	Kaseta Michael CFO and COO · Officer	S	3,000	$40.00	$120.0K
04-14	Kaseta Michael CFO and COO · Officer	M	3,000	$2.79	$8.4K
04-13	JEFFS ROGER Chief Executive Officer · Officer, Director	S	32,744	$38.37	$1.26M
04-13	Kaseta Michael CFO and COO · Officer	S	18,958	$38.37	$727.4K
04-13	Adair Jason Chief Business Officer · Officer	S	7,301	$38.37	$280.1K
04-13	Moomaw Scott Chief Commercial Officer · Officer	S	8,861	$38.37	$340.0K
04-13	Moomaw Scott Chief Commercial Officer · Officer	S	1,686	$38.20	$64.4K
04-13	Schundler Russell General Counsel · Officer	S	13,692	$38.37	$525.4K
04-13	Saggar Rajeev Chief Medical Officer · Officer	S	9,220	$38.37	$353.8K
04-13	Boyle Dana Chief Accounting Officer · Officer	S	5,101	$38.37	$195.7K
04-13	Krepp Sarah Chief Human Resource Officer · Officer	S	4,557	$38.37	$174.9K
04-10	JEFFS ROGER Chief Executive Officer · Officer, Director	M	13,834	—	—
04-10	JEFFS ROGER Chief Executive Officer · Officer, Director	M	14,333	—	—
04-10	JEFFS ROGER Chief Executive Officer · Officer, Director	S	21,433	$40.12	$859.9K
04-10	Kaseta Michael CFO and COO · Officer	M	23,821	$2.79	$66.5K
04-10	Kaseta Michael CFO and COO · Officer	S	23,821	$40.14	$956.2K
04-10	Kaseta Michael CFO and COO · Officer	M	5,828	—	—
04-10	Kaseta Michael CFO and COO · Officer	M	7,050	—	—

View full insider history for LQDA →

Who moved on this name in 2025Q4

Position changes reported for the latest quarter, grouped by direction.

New positions2

Paul Tudor Jones (Tudor Investment)
+56,741
$2.0M
Norges Bank (Norway SWF)
+35,307
$1.2M

Added to3

Ken Griffin (Citadel Advisors)
+350,632
$12.1M
D.E. Shaw & Co.
+179,481
$6.2M
AQR Capital Management
+1,187
$41K

Trimmed6

Steve Cohen (Point72)
−1,500,000
$51.7M
Izzy Englander (Millennium Mgmt)
−869,087
$30.0M
Renaissance Technologies
−277,900
$9.6M
Two Sigma Investments
−84,053
$2.9M
Wellington Management
−6,436
$222K
T. Rowe Price
−22,902
$790

Exited0

—

Institutional ownership over time

Distinct super-investors holding this ticker · combined dollar value, by quarter.

Quarter	Holders	Shares	Combined value	Δ holders
2022Q1	7	4,205,710	$30.2M	—
2022Q2	10	5,879,486	$25.6M	+3
2022Q3	7	4,875,700	$26.5M	-3
2022Q4	6	4,230,776	$26.9M	-1
2023Q1	8	4,497,873	$31.1M	+2
2023Q2	10	4,552,424	$35.7M	+2
2023Q3	9	4,481,711	$28.4M	-1
2023Q4	9	4,871,543	$58.6M	—
2024Q1	9	4,635,982	$68.4M	—
2024Q2	10	5,338,479	$64.1M	+1
2024Q3	7	997,545	$10.0M	-3
2024Q4	10	1,464,156	$17.2M	+3
2025Q1	11	1,878,365	$27.7M	+1
2025Q2	9	1,931,223	$24.1M	-2
2025Q3	13	7,197,294	$163.7M	+4
2025Q4	17	5,281,164	$182.1M	+4

Who owns LQDA

17 super-investors · 2025Q4

Tracked stake

5.28M

Combined value

$182M

% of shares outstanding

—

shares-out unknown

Quarter action mix

New3Added6Trim8

#	Manager	Shares	Value	% of book	Last action
1	D.E. Shaw & Co.	1.67M	$58M	0.0%	Added+179.5K
2	Ken Griffin Citadel Advisors	800.2K	$28M	0.0%	Added+350.6K
3	Ken Griffin Citadel Advisors	735.7K	$25M	0.0%	Added+350.6K
4	Steve Cohen Point72	500.0K	$17M	0.0%	Trim−1.50M
5	Two Sigma Investments	350.0K	$12M	0.0%	Trim−84.1K
6	Paul Tudor Jones Tudor Investment	263.7K	$9M	0.0%	New+56.7K
7	Wellington Management	233.1K	$8M	0.0%	Trim−6.4K
8	Renaissance Technologies	206.9K	$7M	0.0%	Trim−277.9K
9	D.E. Shaw & Co.	125.0K	$4M	0.0%	Added+179.5K
10	Izzy Englander Millennium Mgmt	105.6K	$4M	0.0%	Trim−869.1K
11	Ken Griffin Citadel Advisors	69.5K	$2M	0.0%	Added+350.6K
12	Paul Tudor Jones Tudor Investment	56.7K	$2M	0.0%	New+56.7K
13	Izzy Englander Millennium Mgmt	50.9K	$2M	0.0%	Trim−869.1K
14	T. Rowe Price	37.1K	$1M	0.0%	Trim−22.9K
15	Norges Bank Norway SWF	35.3K	$1M	0.0%	New+35.3K
16	Izzy Englander Millennium Mgmt	30.0K	$1M	0.0%	Trim−869.1K
17	AQR Capital Management	14.0K	$482K	0.0%	Added+1.2K

Recent moves

20 transactions

TRIMIzzy Englander (Millennium Mgmt)
−869,087 · 2025Q4
TRIMSteve Cohen (Point72)
−1,500,000 · 2025Q4
TRIMWellington Management
−6,436 · 2025Q4
ADDAQR Capital Management
+1,187 · 2025Q4
ADDKen Griffin (Citadel Advisors)
+350,632 · 2025Q4
TRIMT. Rowe Price
−22,902 · 2025Q4
TRIMTwo Sigma Investments
−84,053 · 2025Q4
NEWPaul Tudor Jones (Tudor Investment)
+56,741 · 2025Q4
ADDD.E. Shaw & Co.
+179,481 · 2025Q4
TRIMRenaissance Technologies
−277,900 · 2025Q4
NEWNorges Bank (Norway SWF)
+35,307 · 2025Q4
ADDWellington Management
+35,602 · 2025Q3
TRIMAQR Capital Management
−1,942 · 2025Q3
TRIMTwo Sigma Investments
−312,897 · 2025Q3
ADDIzzy Englander (Millennium Mgmt)
+954,124 · 2025Q3
ADDD.E. Shaw & Co.
+1,341,462 · 2025Q3
ADDT. Rowe Price
+27,956 · 2025Q3
NEWRenaissance Technologies
+484,753 · 2025Q3
SOLDNorges Bank (Norway SWF)
−156,700 · 2024Q3
ADDTwo Sigma Investments
+312,908 · 2025Q2

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