MannKind CEO shares withheld for RSU taxes
MANNKIND CORP Chief Executive Officer Michael Castagna reported a routine share withholding related to taxes on vested equity.
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Rhea-AI Filing Summary
MANNKIND CORP Chief Executive Officer Michael Castagna reported a routine share withholding related to taxes on vested equity. On May 11, 34,957 shares of common stock were withheld at $3.52 per share to satisfy tax withholding obligations from Restricted Stock Units originally granted on May 10, 2022.
These shares were not sold in the open market but used to cover taxes due at vesting. After this transaction, Castagna directly holds 2,442,310 shares of MannKind common stock, which includes 1,356 shares acquired under the company’s Employee Stock Purchase Plan on December 31, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 Par Value | 34,957 | $3.52 | $123K |
Footnotes (2)
- F1. Represents shares withheld to pay tax withholding obligations due on the date of vesting of the Restricted Stock Units originally granted on May 10, 2022.
- F2. Includes 1,356 shares acquired under the Issuer's Employee Stock Purchase Plan on December 31, 2025.
Key Figures
Key Terms
Restricted Stock Units financial
Employee Stock Purchase Plan financial
tax withholding obligations financial
Common Stock, $0.01 Par Value financial
AI-generated analysis. How Rhea-AI works. Not financial advice.