MannKind (MNKD) insider Steven Binder plans 39,051-share Rule 144 stock sale
Rhea-AI Filing Summary
MannKind Corporation insider Steven Binder filed to sell MannKind common stock under Rule 144. The planned transaction involves up to 39,051 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services.
The filing also lists recent 10b5-1 plan sales of MannKind common stock by Steven Binder, including 52,485 shares on 07/17/2026 for $212,837.17 and 16,940 shares on 05/12/2026 for $55,766.48.
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Key Figures
Planned shares to be sold: 39,051 shares
10b5-1 sale on 07/17/2026: 52,485 shares
Proceeds on 07/17/2026: $212,837.17
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6 metrics
Planned shares to be sold
39,051 shares
Common stock planned for sale under Rule 144 through Morgan Stanley Smith Barney LLC
10b5-1 sale on 07/17/2026
52,485 shares
Common stock sold by Steven Binder on 07/17/2026 under a 10b5-1 plan
Proceeds on 07/17/2026
$212,837.17
Total value of 52,485 common shares sold on 07/17/2026
10b5-1 sale on 05/12/2026
16,940 shares
Common stock sold by Steven Binder on 05/12/2026 under a 10b5-1 plan
Proceeds on 05/12/2026
$55,766.48
Total value of 16,940 common shares sold on 05/12/2026
Planned sale date reference
07/15/2026
Date associated with Performance Stock Units in the securities to be sold section
Key Terms
Rule 144, 10b5-1 Sales, Performance Stock Units, Common
4 terms
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 Sales regulatory
"10b5-1 Sales for STEVEN BINDER 1 Casper Street Danbury CT 06810"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Performance Stock Units financial
"Common | 07/15/2026 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the MannKind (MNKD) Form 144 filed by Steven Binder disclose?
The Form 144 discloses that Steven Binder plans to sell up to 39,051 shares of MannKind common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, in accordance with Rule 144 resale requirements.
What recent 10b5-1 stock sales by Steven Binder in MannKind (MNKD) are reported?
The filing reports 10b5-1 sales of MannKind common stock by Steven Binder of 52,485 shares on 07/17/2026 for $212,837.17 and 16,940 shares on 05/12/2026 for $55,766.48.
Are Steven Binder’s MannKind (MNKD) sales under a 10b5-1 plan?
Yes. The sales listed for the past three months are identified as 10b5-1 Sales, indicating they were executed under a pre-arranged trading plan designed to comply with insider trading regulations.
What type of MannKind (MNKD) securities are covered in Steven Binder’s Form 144?
The Form 144 covers common stock of MannKind Corporation, including shares related to Performance Stock Units with a transaction date of 07/15/2026 listed in the securities information section.
Which broker is handling Steven Binder’s planned MannKind (MNKD) stock sale?
The planned sale of 39,051 MannKind common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, 8th Floor, New York, NY 10004.