LIQUIDIA CORPORATION

Ticker: LQDA CUSIP: 53635D202 Class: Common Stock

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 17,787 Value ($000) $613 Avg Close $28.47 Range $21.35 - $36.41

Q3 2025

Shares 18,039 Value ($000) $410 Avg Close $21.69 Range $11.85 - $29.94

Q2 2025

Shares 13,934 Value ($000) $174 Avg Close $14.81 Range $11.26 - $19.41

Q1 2025

Shares 13,934 Value ($000) $206 Avg Close $14.59 Range $11.34 - $16.81

Q4 2024

Shares 13,934 Value ($000) $164 Avg Close $10.93 Range $9.71 - $11.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	17,787	$613	$28.47	$21.35 - $36.41
Q3 2025	18,039	$410	$21.69	$11.85 - $29.94
Q2 2025	13,934	$174	$14.81	$11.26 - $19.41
Q1 2025	13,934	$206	$14.59	$11.34 - $16.81
Q4 2024	13,934	$164	$10.93	$9.71 - $11.91