Liquidia Corp general counsel Schundler sells $389,948 of stock
Russell Schundler, General Counsel at Liquidia Corp (NASDAQ:LQDA), sold 13,692 shares of common stock on October 12, 2026, for a total value of $389,948. The shares were sold at a price of $28.48 each, under a Rule 10b5-1 trading plan initiated on December 15, 2023. The sale was primarily made to cover taxes associated with the settlement of restricted stock units (RSUs) and performance stock units (PSUs).
Following this transaction, Mr. Schundler directly holds 602,841 shares of Liquidia Corp common stock, including 10,167 shares acquired on October 9, 2026, through the conversion of performance stock units. The news of Schundler's sale comes amid a series of challenges for Liquidia Technologies, including analyst downgrades and legal issues related to patent infringements, which have impacted the company's stock performance and market outlook.
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