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Compiled from SEC Form N-PX filings and Liquidia Corporation’s Form 8-K, filed June 18, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of June 17, 2025: 5 items on Liquidia Corporation’s Form 8-K, filed June 18, 2025: 5 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Liquidia Corporation in the interactive database Compare manager voting policies
These tallies are Liquidia Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 18, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Stephen Bloch, M.D. | 39,609,683 | -- | -- | 6,598,760 | 21,352,314 | 86% | Not verified | — |
| Elect Director: Joanna Horobin, M.B., C.H.B. | 45,361,656 | -- | -- | 846,787 | 21,352,314 | 98% | Not verified | — |
| Elect Director: Roger A. Jeffs, Ph.D. | 46,091,138 | -- | -- | 117,305 | 21,352,314 | 99.7% | Not verified | — |
| 2. Ratification of the Appointment of Independent Registered Public Accounting Firm The vote with respect to the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending De | 67,519,260 | 30,220 | 11,277 | -- | -- | 99.9% | Not verified | — |
| 3. Approval, by Non-Binding Advisory Vote, of the Compensation of the NEOs The vote with respect to the approval, by non-binding advisory vote, of the compensation of the NEOs | 44,393,482 | 1,313,301 | 501,660 | -- | 21,352,314 | 97% | Not verified | — |
Source: Liquidia Corporation, Form 8-K, filed with the SEC on June 18, 2025 — read the filing on EDGAR.
Each item below shows how the 171 asset managers that disclosed a Liquidia Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Liquidia Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 2 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Joanna Horobin
Liquidia Corporation’s own tally for this item (“Elect Director: Joanna Horobin, M.B., C.H.B.”): 45,361,656 for, 846,787 withheld, per its Form 8-K filed June 18, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 47 asset managers below reported 7,062,756 for, 1,946 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,420,762 | 0 | 0 | 0 | For |
| BlackRock | 810,413 | 0 | 0 | 0 | For |
| Fidelity | 702,845 | 0 | 0 | 0 | For |
| Charles Schwab | 430,574 | 0 | 0 | 0 | For |
| State Street | 321,604 | 0 | 0 | 0 | For |
| OBERWEIS FUNDS | 250,900 | 0 | 0 | 0 | For |
| Equitable | 179,578 | 0 | 0 | 0 | For |
| TIAA | 156,502 | 0 | 0 | 0 | For |
| First Trust | 145,586 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 107,731 | 0 | 0 | 0 | For |
| Russell Investments | 67,960 | 0 | 0 | 0 | For |
| Invesco | 59,382 | 0 | 0 | 0 | For |
| Lincoln Financial | 47,100 | 0 | 0 | 0 | For |
| Global X | 38,474 | 0 | 0 | 0 | For |
| Northern Trust | 35,855 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 32,688 | 0 | 0 | 0 | For |
| Brighthouse | 23,874 | 0 | 0 | 1,168 | For |
| ProShares | 24,839 | 0 | 0 | 0 | For |
| John Hancock | 22,529 | 0 | 0 | 0 | For |
| Pacific Life | 20,334 | 0 | 0 | 0 | For |
| Voya | 16,546 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 13,044 | 0 | 0 | 0 | For |
| New York Life | 12,783 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,654 | 0 | 0 | 0 | For |
| AQR | 10,962 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.
Combines 2 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Roger A. Jeffs
Liquidia Corporation’s own tally for this item (“Elect Director: Roger A. Jeffs, Ph.D.”): 46,091,138 for, 117,305 withheld, per its Form 8-K filed June 18, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 47 asset managers below reported 7,063,530 for, 1,172 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,420,762 | 0 | 0 | 0 | For |
| BlackRock | 810,413 | 0 | 0 | 0 | For |
| Fidelity | 702,845 | 0 | 0 | 0 | For |
| Charles Schwab | 430,574 | 0 | 0 | 0 | For |
| State Street | 321,600 | 0 | 0 | 4 | For |
| OBERWEIS FUNDS | 250,900 | 0 | 0 | 0 | For |
| Equitable | 179,578 | 0 | 0 | 0 | For |
| TIAA | 156,502 | 0 | 0 | 0 | For |
| First Trust | 145,586 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 107,731 | 0 | 0 | 0 | For |
| Russell Investments | 67,960 | 0 | 0 | 0 | For |
| Invesco | 59,382 | 0 | 0 | 0 | For |
| Lincoln Financial | 47,100 | 0 | 0 | 0 | For |
| Global X | 38,474 | 0 | 0 | 0 | For |
| Northern Trust | 35,855 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 32,688 | 0 | 0 | 0 | For |
| Brighthouse | 23,874 | 0 | 0 | 1,168 | For |
| ProShares | 24,839 | 0 | 0 | 0 | For |
| John Hancock | 22,529 | 0 | 0 | 0 | For |
| Pacific Life | 20,334 | 0 | 0 | 0 | For |
| Voya | 16,546 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 13,044 | 0 | 0 | 0 | For |
| New York Life | 12,783 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,654 | 0 | 0 | 0 | For |
| AQR | 10,962 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.
Combines 2 wordings of this item as funds reported it.
86% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Stephen Bloch
Liquidia Corporation’s own tally for this item (“Elect Director: Stephen Bloch, M.D.”): 39,609,683 for, 6,598,760 withheld, per its Form 8-K filed June 18, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 86% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 47 asset managers below reported 5,115,267 for, 1,949,435 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,420,762 | 0 | 0 | 0 | For |
| BlackRock | 0 | 0 | 0 | 810,413 | Withhold |
| Fidelity | 680,460 | 0 | 0 | 22,385 | For |
| Charles Schwab | 430,574 | 0 | 0 | 0 | For |
| State Street | 321,491 | 0 | 0 | 113 | For |
| OBERWEIS FUNDS | 0 | 0 | 0 | 250,900 | Withhold |
| Equitable | 0 | 0 | 0 | 179,578 | Withhold |
| TIAA | 156,502 | 0 | 0 | 0 | For |
| First Trust | 0 | 0 | 0 | 145,586 | Withhold |
| QUANTITATIVE MASTER SERIES LLC | 0 | 0 | 0 | 107,731 | Withhold |
| Russell Investments | 0 | 0 | 0 | 67,960 | Withhold |
| Invesco | 0 | 0 | 0 | 59,382 | Withhold |
| Lincoln Financial | 47,100 | 0 | 0 | 0 | For |
| Global X | 0 | 0 | 0 | 38,474 | Withhold |
| Northern Trust | 35,855 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 0 | 0 | 0 | 32,688 | Withhold |
| Brighthouse | 0 | 0 | 0 | 25,042 | Withhold |
| ProShares | 0 | 0 | 0 | 24,839 | Withhold |
| John Hancock | 0 | 0 | 0 | 22,529 | Withhold |
| Pacific Life | 0 | 0 | 0 | 20,334 | Withhold |
| Voya | 0 | 0 | 0 | 16,546 | Withhold |
| ETFis Series Trust I | 0 | 0 | 0 | 13,044 | Withhold |
| New York Life | 12,783 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 0 | 0 | 0 | 12,654 | Withhold |
| AQR | 0 | 0 | 0 | 10,962 | Withhold |
Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99% Fund and manager reports combined; may count the same shares twice · no official result
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,420,762 | 0 | 0 | 0 | For |
| BlackRock | 810,413 | 0 | 0 | 0 | For |
| Fidelity | 702,845 | 0 | 0 | 0 | For |
| Charles Schwab | 430,574 | 0 | 0 | 0 | For |
| State Street | 321,580 | 24 | 0 | 0 | For |
| OBERWEIS FUNDS | 250,900 | 0 | 0 | 0 | For |
| Equitable | 179,578 | 0 | 0 | 0 | For |
| TIAA | 156,502 | 0 | 0 | 0 | For |
| First Trust | 145,586 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 107,731 | 0 | 0 | 0 | For |
| Russell Investments | 67,960 | 0 | 0 | 0 | For |
| Invesco | 59,382 | 0 | 0 | 0 | For |
| Lincoln Financial | 47,100 | 0 | 0 | 0 | For |
| Global X | 38,474 | 0 | 0 | 0 | For |
| Northern Trust | 35,855 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 32,688 | 0 | 0 | 0 | For |
| Brighthouse | 23,874 | 0 | 1,168 | 0 | For |
| ProShares | 24,839 | 0 | 0 | 0 | For |
| John Hancock | 22,529 | 0 | 0 | 0 | For |
| Pacific Life | 20,334 | 0 | 0 | 0 | For |
| Voya | 16,546 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 13,044 | 0 | 0 | 0 | For |
| New York Life | 12,783 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,654 | 0 | 0 | 0 | For |
| AQR | 10,962 | 0 | 0 | 0 | For |
Fund voting reports, all 47 managers: 7,047,414 for, 16,120 against, 1,168 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| FINDELL CAPITAL MANAGEMENT LLC | 29,000,000 | 0 | 0 | 0 | For |
| Opaleye Management Inc. | 2,210,000 | 0 | 0 | 0 | For |
| FARALLON CAPITAL MANAGEMENT LLC | 1,831,486 | 0 | 0 | 0 | For |
| Caligan Partners LP | 1,808,047 | 0 | 0 | 0 | For |
| BlackRock | 1,741,694 | 25,261 | 0 | 0 | For |
| DEERFIELD MANAGEMENT COMPANY, L.P. | 1,616,778 | 0 | 0 | 0 | For |
| State Street | 1,304,414 | 533 | 0 | 0 | For |
| Vestal Point Capital, LP | 819,272 | 0 | 0 | 0 | For |
| Fidelity | 697,480 | 0 | 0 | 0 | For |
| Charles Schwab | 431,083 | 0 | 0 | 0 | For |
| Resolute Capital Asset Partners LLC | 424,876 | 0 | 0 | 0 | For |
| Kynam Capital Management, LP | 0 | 0 | 0 | 424,712 | Withhold |
| Janus Henderson | 379,447 | 0 | 0 | 0 | For |
| HARBERT FUND ADVISORS, INC. | 339,158 | 0 | 0 | 0 | For |
| Northern Trust | 327,462 | 0 | 0 | 0 | For |
| OBERWEIS ASSET MANAGEMENT INC/ | 250,900 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 223,346 | 0 | 0 | 0 | For |
| HighVista Strategies LLC | 203,509 | 0 | 0 | 0 | For |
| Velan Capital Investment Management LP | 200,000 | 0 | 0 | 0 | For |
| LB Partners LLC | 199,934 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 190,153 | 0 | 0 | 0 | For |
| Mitsubishi UFJ Asset Management Co., Ltd. | 170,176 | 0 | 0 | 0 | For |
| Nuveen | 165,222 | 0 | 0 | 0 | For |
| Vanguard | 149,962 | 0 | 0 | 0 | For |
| Wellington | 147,167 | 0 | 0 | 0 | For |
Institutional-manager reports, all 136 managers: 46,047,235 for, 181,363 against, 424,712 withheld, 15,923 abstained, 5 not voted. Showing the 25 largest; see all in the interactive database.
97% Majority: yes · of votes cast
Description as filed by funds: Advisory Vote to Ratify Named Executive Officers' Compensation
Liquidia Corporation’s own tally for this item (“3. Approval, by Non-Binding Advisory Vote, of the Compensation of the NEOs The vote with respect to the approval, by non-binding advisory vote, of the compensation of the NEOs”): 44,393,482 for, 1,313,301 against, per its Form 8-K filed June 18, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 2 asset managers below reported 134,602 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Eversept Partners, LP | 105,914 | 0 | 0 | 0 | For |
| JPMorgan | 28,688 | 0 | 0 | 0 | For |
Combines 3 wordings of this item as funds reported it.
99.9% Majority: yes · of votes cast
Description as filed by funds: To ratify the Appointment of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm for the Year Ending December 31, 2025.
Liquidia Corporation’s own tally for this item (“2. Ratification of the Appointment of Independent Registered Public Accounting Firm The vote with respect to the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered publi”): 67,519,260 for, 30,220 against, per its Form 8-K filed June 18, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 47 asset managers below reported 7,062,746 for, 788 against, 1,168 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,420,762 | 0 | 0 | 0 | For |
| BlackRock | 810,413 | 0 | 0 | 0 | For |
| Fidelity | 702,845 | 0 | 0 | 0 | For |
| Charles Schwab | 430,574 | 0 | 0 | 0 | For |
| State Street | 321,594 | 10 | 0 | 0 | For |
| OBERWEIS FUNDS | 250,900 | 0 | 0 | 0 | For |
| Equitable | 179,578 | 0 | 0 | 0 | For |
| TIAA | 156,502 | 0 | 0 | 0 | For |
| First Trust | 145,586 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 107,731 | 0 | 0 | 0 | For |
| Russell Investments | 67,960 | 0 | 0 | 0 | For |
| Invesco | 59,382 | 0 | 0 | 0 | For |
| Lincoln Financial | 47,100 | 0 | 0 | 0 | For |
| Global X | 38,474 | 0 | 0 | 0 | For |
| Northern Trust | 35,855 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 32,688 | 0 | 0 | 0 | For |
| Brighthouse | 23,874 | 0 | 1,168 | 0 | For |
| ProShares | 24,839 | 0 | 0 | 0 | For |
| John Hancock | 22,529 | 0 | 0 | 0 | For |
| Pacific Life | 20,334 | 0 | 0 | 0 | For |
| Voya | 16,546 | 0 | 0 | 0 | For |
| ETFis Series Trust I | 13,044 | 0 | 0 | 0 | For |
| New York Life | 12,783 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 12,654 | 0 | 0 | 0 | For |
| AQR | 10,962 | 0 | 0 | 0 | For |
Showing the 25 largest of 47 asset managers. See all 47 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 85,484,525 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 4.00% |
| 2 | BlackRock | 0.95% |
| 3 | Fidelity | 0.82% |
| 4 | Charles Schwab | 0.50% |
| 5 | State Street | 0.38% |
| 6 | OBERWEIS FUNDS | 0.29% |
| 7 | Equitable | 0.21% |
| 8 | TIAA | 0.18% |
| 9 | First Trust | 0.17% |
| 10 | QUANTITATIVE MASTER SERIES LLC | 0.13% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | FINDELL CAPITAL MANAGEMENT LLC | 33.92% |
| 2 | Opaleye Management Inc. | 2.59% |
| 3 | FARALLON CAPITAL MANAGEMENT LLC | 2.14% |
| 4 | Caligan Partners LP | 2.12% |
| 5 | BlackRock | 2.07% |
| 6 | DEERFIELD MANAGEMENT COMPANY, L.P. | 1.89% |
| 7 | State Street | 1.53% |
| 8 | Vestal Point Capital, LP | 0.96% |
| 9 | Fidelity | 0.82% |
| 10 | Charles Schwab | 0.50% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Farallon Partners, L.L.C. | 9.91% | 13G |
| Caligan Partners LP | 9.64% | DEF14A |
| David Johnson | 9.64% | DEF14A |
| Paul B. Manning | 7.85% | DEF14A |
| BlackRock | 5.54% | 13F |
| Roger A. Jeffs, Ph.D. | 5.41% | DEF14A |
| Vanguard Group | 4.06% | 13F |
| Legend Aggregator, LP | 2.18% | 13G |
| State Street | 2.09% | 13F |
| Damian deGoa | 1.75% | DEF14A |
Percentages above are of 85,484,525 shares outstanding, as reported by Liquidia Corporation on its Form 10-Q dated May 1, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Liquidia Corporation’s 10-Q dated May 1, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At Liquidia Corporation's shareholder meeting held June 17, 2025, in the 2024-2025 proxy season, 171 asset managers reported how they voted in their SEC Form N-PX filings, covering 736 separate fund positions. Their filings are grouped here into 6 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Liquidia Corporation's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — To approve, on an advisory basis, the compensation of our named executive officers. — the reporting funds and managers cast 99% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
Liquidia Corporation proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.