Russell Schundler

General Counsel Russell Schundler sells 14,738 shares (~$1.1M) at $71.39–$71.52 under pre-arranged 10b5-1 plan

Russell Schundler, General Counsel of Liquidia Corp, executed 2 separate sales totaling 14,738 shares for $1,053,925.78, reducing his non-derivative holdings from 620,700 to 605,962 shares. This transaction was part of a pre-arranged 10b5-1 trading plan adopted on 2023-12-15, meaning it is scheduled rather than discretionary. Post-transaction, the insider retains 86,639 shares in derivative holdings (Performance Stock Units), so the position is not fully exited. The stock traded at $71.39–$71.52 during the sale window and currently stands at $76.49, reflecting a +7.4% gain over the prior 30 days and +90.6% over 90 days, placing it 7.8% below its 52-week high of $82.96. Liquidia reported extraordinary annual revenue growth of +1031.2% but remains unprofitable on a full-year basis despite the latest quarter showing positive net income, presenting a mixed financial profile typical of rapid-growth biotech companies. The scheduled nature of this sale under a pre-arranged plan insulates this activity from motivation-based interpretation; investors should note the derivative holdings remain substantial relative to the non-derivative stake that was partially reduced.

General Counsel Schundler Russell sold 13,692 shares of LQDA at $38.37 on 2026-04-13 for $525,362.04; stock -17.0% from 52-week high.

Schundler Russell, as General Counsel, sold 13,692 shares (13.7K shares) at $38.37 for a total value of $525,362.04, reducing holdings by 2.2%. The sale occurred when LQDA traded at a price that was -17.0% from its 52-week high of $46.63, after a modest +5.6% move over the prior 30 days. Looking at Russell's prior sale at this ticker on 2026-01-12, that trade was followed by a +3.0% 90-day return, meaning the stock rose after the sale—a poorly timed outcome by the standard of selling before declines. The company reported a latest quarterly revenue of $54,342,000 with a net loss of $-3,533,000, and has been unprofitable over its most recent full fiscal year, though it showed exceptional annual revenue growth of +1031.2%. The current stock price of $38.71 sits below the transaction price and notably below the 52-week peak, signaling the insider's prior sales have not preceded major downturns at this ticker.

General Counsel Russell Schundler sold 27,289 shares of LQDA at $37.43 on 2026-01-12 via pre-arranged 10b5-1 plan

Russell Schundler, General Counsel of Liquidia Corp, sold 27,289 shares at $37.43 for $1,021,427.27 under a pre-arranged 10b5-1 trading plan adopted on 2023-12-15. This sale reduced his holdings from 606,683 shares to 579,394 shares, a -4.5% reduction in position size. The scheduled nature of the transaction under a 10b5-1 plan means the sale was predetermined and not discretionary, limiting what can be inferred about the insider's current view of the stock. The General Counsel retained substantial equity exposure of 579,394 shares post-transaction, indicating continued meaningful stake in the company.