---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-061188"
form_type: "8-K"
ticker: "LQDA"
cik: "0001819576"
company_name: "Liquidia Corp"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:09:23.308563+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Liquidia amends executive severance plan with tiered benefits up to 24 months base salary plus incentive

## Summary
- Board approved amended Executive Severance Plan effective May 9, 2024; supersedes prior plans and employment agreements.
- Tier 1 participants receive up to 18 months base salary (non-CIC) or 24 months base salary plus target annual incentive (CIC).
- Tier 2-4 participants receive 6-12 months base salary depending on tier; CIC termination triggers full equity vesting for all participants.
- COBRA premium coverage provided for 6-24 months based on tier and event type.
- Plan defines four participation tiers; administration by Compensation Committee.

## SEC filing metadata
- accession: 0001104659-24-061188
- form_type: 8-K
- ticker: LQDA
- cik: 0001819576
- company_name: Liquidia Corp
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819576/000110465924061188/0001104659-24-061188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819576/000110465924061188/tm2414331d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-061188
- JSON: https://secwatch.observer/filing/0001104659-24-061188.json
- Plain text: https://secwatch.observer/filing/0001104659-24-061188.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.