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M 10b5-1 Plan

$ Value

$0

Shares

13,834

Price

$0

Filed

Apr 14

Insider

Name

JEFFS ROGER

Title

Chief Executive Officer

CIK

0001231615

Roles

Director Officer

Transaction Details

Transaction Date

2026-04-10

Code

M

Table

Derivative

Ownership

Direct

Equity Swap

No

Shares After

96,835

Footnotes

Performance stock units ("PSUs") convert into common stock on a one-for-one basis. | On January 11, 2024, the Reporting Person was granted 221,338 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2025 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 124,503 have vested as of the date of this Form 4. | Includes (i) 54,281 unvested restricted stock units ("RSUs") of the 289,500 RSUs granted to the Reporting Person on January 11, 2023, (ii) 96,835 unvested RSUs of the 221,338 RSUs granted to the Reporting Person on January 11, 2024, (iii) 157,662 unvested RSUs of the 229,327 RSUs granted to the Reporting Person on January 11, 2025 and (iv) 115,344 RSUs granted to the Reporting Person on January 16, 2026, none of which have vested as of the date of this Form 4. | On January 11, 2025, the Reporting Person was granted 229,327 PSUs which vest upon the following time-based vesting schedule: 25% of the PSUs shall vest on January 11, 2026 and the remaining PSUs vesting ratably on a quarterly basis over three years thereafter. Of those PSUs, a total of 71,665 have vested as of the date of this Form 4. | Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 15, 2023. | These shares were sold to cover taxes associated with the settlement of RSUs and PSUs that were initially granted to the Reporting Person on January 11, 2023, January 11, 2024 and January 11, 2025. | The securities are held by Roger A. Jeffs Living Trust UAD 2/29/2000 (the "Trust"). The Reporting Person is the trustee of the Trust. | Transaction effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on November 5, 2025. | Price is the volume weighted average price of all transactions made by the Reporting Person on the transaction date for prices ranging from $40.00 to $40.55. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | The securities are held by Serendipity BioPharma LLC ("Serendipity"). The Reporting Person is a manager of Serendipity and has sole voting and dispositive power over the Issuer common stock held by Serendipity.

Filing Info

Accession No.

0001104659-26-043262

Form Type

4

Issuer CIK

0001819576

JEFFS ROGER's History

Date Ticker Type Value
2026-04-17 LQDA $765K
2026-04-16 LQDA $1.0M
2026-04-15 LQDA $1.0M
2026-04-14 LQDA $132K
2026-04-13 LQDA $1.3M
2026-04-10 LQDA M
2026-04-10 LQDA M
2026-04-10 LQDA $860K
2026-04-10 LQDA M $0
2026-04-10 LQDA M $0

Other Insiders at LQDA (90d)

Insider Bought Sold Last
JEFFS ROGER
Chief Executive Officer
$6.0M 2026-04-17
Bloch Stephen M $2.5M 2026-03-27
Manning Paul B 2026-02-11
Kaseta Michael
CFO and COO
$12.8M 2026-04-15
Adair Jason
Chief Business Officer
$330K 2026-04-13
Moomaw Scott
Chief Commercial Officer
$3.9M 2026-04-13
Schundler Russell
General Counsel
$558K 2026-04-13
Saggar Rajeev
Chief Medical Officer
$354K 2026-04-13
Boyle Dana
Chief Accounting Officer
$275K 2026-04-13
Krepp Sarah
Chief Human Resource Officer
$183K 2026-04-13