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$ Value

$2.3M

Shares

55,116

Price

$43

Filed

Feb 12

Insider

Name

Manning Paul B

Title

CIK

0001494695

Roles

Director

Transaction Details

Transaction Date

2026-02-11

Code

J

Table

Non-Derivative

Ownership

Direct

Equity Swap

No

Shares After

469,583

Footnotes

The Reporting Person withdrew 55,116 shares of the Issuer from PBM 2024 Grantor Retained Annuity Trust (the "PBM 2024 GRAT"), a grantor retained annuity trust, in exchange for cash. The withdrawal of shares resulted in a decrease in the number of shares the Reporting Person beneficially owns indirectly through PBM 2024 GRAT and a corresponding increase in the number of shares the Reporting Person beneficially owns directly. This withdrawal of shares constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934. | The shares are held directly by the PBM 2024 GRAT. The Reporting Person is the trustee of the PBM 2024 GRAT and has sole voting and investment power with respect to the shares held by the PBM 2024 GRAT. | Includes 375,712 shares distributed to the Reporting Person in satisfaction of annuity obligation from the PBM 2024 GRAT. | The shares are held by Reporting Person jointly with his spouse. | The securities are held by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of Tiger Lily Capital, LLC ("Tiger Lily"), the manager of BKB, and has shared voting and investment power with respect to the shares held by BKB. | The securities are held by PBM Capital Finance, LLC ("PBM"). The Reporting Person is the manager and sole beneficial owner of PBM. | The securities are held by PD Joint Holdings, LLC Series 2016-A ("PD"). The Reporting Person is a co-manager of Tiger Lily, the manager of PD, and has shared voting and investment power with respect to the shares held by PD. | The shares are held directly by the Paul B. Manning Revocable Trust (the "PBM 2000 Trust"). The Reporting Person is the trustee of the PBM 2000 Trust and has sole voting and investment power with respect to the shares held by the PBM 2000 Trust.

Filing Info

Accession No.

0001494695-26-000002

Form Type

4

Issuer CIK

0001819576

Manning Paul B's History

Date Ticker Type Value
2026-03-31 CADL A $19K
2026-02-23 CADL $3.0M
2026-02-11 LQDA J $2.3M
2026-02-11 LQDA J $2.3M
2025-11-25 VRCA $5.8M
2025-11-25 VRCA $11.7M
2025-11-25 VRCA
2025-11-25 VRCA
2025-09-02 LQDA $7.3M
2025-09-02 LQDA $2.2M

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
SINGH RAMAN $721K 2026-03-13
Moomaw Scott
Chief Commercial Officer
$3.9M 2026-04-13
Schundler Russell
General Counsel
$558K 2026-04-13
Saggar Rajeev
Chief Medical Officer
$1.6M 2026-04-13
Boyle Dana
Chief Accounting Officer
$275K 2026-04-13
Krepp Sarah
Chief Human Resource Officer
$801K 2026-04-13