Liquidia Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BST:LT4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Sep 24	Buy€2,718,595	Paul Manning	Individual	337,078	€8.07
30 Aug 24	Buy€1,289,699	Caligan Partners, LP	Company	150,000	€8.60
30 Aug 24	Sell€1,289,699	Caligan Partners, LP	Company	150,000	€8.60
18 Mar 24	Sell€415,918	Roger Jeffs	Individual	28,583	€14.55
18 Dec 23	Sell€101,161	Rajeev Saggar	Individual	14,887	€6.80
14 Dec 23	Buy€7,275,997	Caligan Partners, LP	Company	1,117,318	€6.51
14 Dec 23	Buy€1,819,003	Paul Manning	Individual	279,330	€6.51
14 Dec 23	Buy€909,501	Roger Jeffs	Individual	139,665	€6.51

Insider Buying: LT4 insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.4%.

Top 25 shareholders own 71.21% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.59%	Caligan Partners, LP	8,118,592	€89.3m	-21.6%	25.96%
8.49%	Patient Square Capital, LP	7,182,532	€79.0m	0%	26.94%
8.49%	Legend Aggregator Advisors, LLC	7,182,532	€79.0m	0%	no data
7.26%	Paul Manning	6,146,518	€67.6m	5.8%	no data
4.97%	BlackRock, Inc.	4,205,723	€46.2m	-0.83%	no data
4.07%	The Vanguard Group, Inc.	3,441,929	€37.8m	1.18%	no data
3.89%	Farallon Capital Management, L.L.C.	3,290,956	€36.2m	60.1%	0.21%
3.77%	Findell Capital Management LLC	3,193,539	€35.1m	33.1%	17.84%
2.68%	Kynam Capital Management, LP	2,266,328	€24.9m	147%	1.83%
2.57%	State Street Global Advisors, Inc.	2,175,378	€23.9m	-2.52%	no data
2.38%	Roger Jeffs	2,016,273	€22.2m	0.57%	no data
2.01%	Whitefort Capital Management, LP	1,702,025	€18.7m	120%	7.46%
2.01%	Opaleye Management Inc.	1,698,142	€18.7m	423%	2.76%
1.77%	Vestal Point Capital, LP	1,500,000	€16.5m	-18%	1.27%
1.46%	Geode Capital Management, LLC	1,237,657	€13.6m	-5.65%	no data
0.95%	Tang Capital Management, LLC	800,000	€8.8m	129%	0.62%
0.66%	Boothbay Fund Management, LLC	558,658	€6.1m	0%	0.19%
0.66%	Walleye Capital LLC	555,552	€6.1m	3,180%	0.04%
0.62%	Bank of America Corporation, Asset Management Arm	526,710	€5.8m	5.48%	no data
0.58%	Northern Trust Global Investments	493,540	€5.4m	12.5%	no data
0.51%	PBM Capital Group LLC	435,674	€4.8m	0%	37.96%
0.49%	Woodline Partners LP	414,892	€4.6m	0%	0.04%
0.47%	Maven Securities Ltd.	400,000	€4.4m	0%	0.42%
0.46%	Charles Schwab Investment Management, Inc.	390,257	€4.3m	145%	no data
0.4%	Harbert Fund Advisors, Inc.	339,158	€3.7m	0%	2.8%