Liquidia Corp chief development officer sells $31,356 in stock

Liquidia Corp's Chief Development Officer, Sanjeev Khindri, sold 1,101 shares of the company's common stock on October 12, 2026. The sale, conducted under a Rule 10b5-1 trading plan, occurred to settle taxes on restricted stock units (RSUs) granted in February 2025. Each share was sold for $28.48, amounting to a total of $31,356.

The current stock price is $26.81, marking a 71% decline from its 52-week high of $93.61. Despite this, Khindri's analysis suggests the company is still undervalued. Following the sale, Khindri holds 64,846 shares of Liquidia Corp, including unvested RSUs. The transaction has raised concerns among investors, particularly in light of recent developments such as an unfavorable patent ruling, analyst downgrades, and adjustments to stock price targets.