MannKind director files notice to sell 33,558 shares
Director Steven Binder filed a Rule 144 notice for a planned sale of MannKind common stock, following earlier 10b5-1 plan sales in recent months.
Rhea-AI Filing Summary
MannKind Corporation (MNKD) received a notice under Rule 144 that director Steven Binder plans to sell up to 33,558 shares of MannKind common stock through Morgan Stanley Smith Barney LLC. The shares relate to restricted stock units acquired from MannKind on July 15, 2026.
The notice also lists prior Rule 10b5-1 plan sales of MannKind common stock by Steven Binder during the preceding three months.
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Key Figures
Shares to be sold under Rule 144: 33,558 shares
Aggregate market value of planned sale: $132,218.52
Shares outstanding referenced: 321,540,637 shares
+2 more
5 metrics
Shares to be sold under Rule 144
33,558 shares
Planned sale of MannKind common stock by Steven Binder
Aggregate market value of planned sale
$132,218.52
Value associated with 33,558 shares in the Rule 144 notice
Shares outstanding referenced
321,540,637 shares
MannKind common stock referenced for Rule 144 calculations
10b5-1 sale on August 7, 2026
39,051 shares; $158,562.68
Reported prior 10b5-1 sale of MannKind common stock
10b5-1 sale on July 17, 2026
52,485 shares; $212,837.17
Reported prior 10b5-1 sale of MannKind common stock
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
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.
Restricted Stock Units financial
"Common | 07/15/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for STEVEN BINDER 1 Casper Street Danbury CT 06810"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
What does the Form 144 filing disclose for MannKind (MNKD)?
The filing discloses that director Steven Binder has filed a Rule 144 notice to sell up to 33,558 shares of MannKind common stock, related to restricted stock units acquired from MannKind on July 15, 2026, through Morgan Stanley Smith Barney LLC.
What prior 10b5-1 plan sales by Steven Binder in MNKD stock are reported?
The filing reports Rule 10b5-1 plan sales of MannKind common stock by Steven Binder on August 7, 2026 for 39,051 shares with proceeds of $158,562.68, and on July 17, 2026 for 52,485 shares with proceeds of $212,837.17.
What type of securities is Steven Binder selling in this MannKind (MNKD) Form 144?
The securities are common stock of MannKind Corporation, related to restricted stock units acquired from the issuer on July 15, 2026. The planned sale of up to 33,558 shares will be executed through Morgan Stanley Smith Barney LLC.
Does the MannKind (MNKD) Form 144 mention Rule 10b5-1 trading plans?
Yes. The filing identifies prior sales in the last three months as “10b5-1 Sales for Steven Binder”, including transactions on July 17, 2026 and August 7, 2026, indicating those earlier sales were made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.