STOCK TITAN

MannKind director (MNKD) awarded stock and RSUs, updates holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MannKind Corporation director Ronald J. Consiglio reported equity compensation and a share purchase tied to his board service. He acquired 10,000 shares of common stock at $2.95 per share through the company’s Market Price Stock Purchase Plan, which was approved by the board on May 20, 2026.

He also received two awards of restricted stock units (RSUs) covering 16,556 and 82,781 units. Each RSU represents a contingent right to receive one share of MNKD common stock, with shares generally delivered only after separation from the board. Following these transactions, he directly holds 132,342 common shares. Footnotes note that 423,655 deferred RSUs were inadvertently included in prior reported share holdings.

Positive

  • None.

Negative

  • None.
Insider Consiglio Ronald J
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 82,781 $0.00 --
Grant/Award Restricted Stock Unit 16,556 $0.00 --
Grant/Award Common Stock, $0.01 Par Value 10,000 $2.95 $30K
Holdings After Transaction: Restricted Stock Unit — 82,781 shares (Direct, null); Common Stock, $0.01 Par Value — 132,342 shares (Direct, null)
Footnotes (1)
  1. The securities were purchased through the Issuer's Market Price Stock Purchase Plan effective May 29, 2018. The purchase was approved by the Company's Board of Directors on May 20, 2026. 423,655 shares representing deferred restricted stock units were inadvertently included in Table I holdings on prior filings. Each restricted stock unit represents a contingent right to receive one share of MNKD common stock. Restricted stock unit vested on May 20, 2026, but the shares will not be delivered until there is a separation of service from the board of directors of MannKind Corporation. Award granted in lieu of annual cash retainer payment for non-employee directors. Restricted stock unit shall vest immediately, but the shares shall not be delivered until there is a separation of service from the board of directors of MannKind Corporation.
Common shares acquired 10,000 shares at $2.95 Purchase through Market Price Stock Purchase Plan on May 20, 2026
RSU grant 1 16,556 units Restricted Stock Units representing MNKD common shares
RSU grant 2 82,781 units Restricted Stock Units granted in lieu of cash retainer
Shares held after transaction 132,342 shares Direct common stock holdings following Form 4 transactions
Deferred RSUs previously misreported 423,655 units Deferred RSUs previously included in Table I holdings
Restricted Stock Unit financial
"The security title includes “Restricted Stock Unit” for two derivative awards."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Market Price Stock Purchase Plan financial
"The securities were purchased through the Issuer's Market Price Stock Purchase Plan."
deferred restricted stock units financial
"423,655 shares representing deferred restricted stock units were inadvertently included."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
separation of service financial
"Shares will not be delivered until there is a separation of service from the board."
annual cash retainer payment financial
"Award granted in lieu of annual cash retainer payment for non-employee directors."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Consiglio Ronald J

(Last)(First)(Middle)
1 CASPER STREET

(Street)
DANBURY CONNECTICUT 06810

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MANNKIND CORP [ MNKD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 Par Value05/20/2026A(1)10,000A$2.95132,342(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)05/20/2026A(4)82,781 (4) (4)Common Stock, $0.01 Par Value82,781$082,781D
Restricted Stock Unit(3)05/20/2026A16,556 (5) (5)Common Stock, $0.01 Par Value16,556$016,556D
Explanation of Responses:
1. The securities were purchased through the Issuer's Market Price Stock Purchase Plan effective May 29, 2018. The purchase was approved by the Company's Board of Directors on May 20, 2026.
2. 423,655 shares representing deferred restricted stock units were inadvertently included in Table I holdings on prior filings.
3. Each restricted stock unit represents a contingent right to receive one share of MNKD common stock.
4. Restricted stock unit vested on May 20, 2026, but the shares will not be delivered until there is a separation of service from the board of directors of MannKind Corporation.
5. Award granted in lieu of annual cash retainer payment for non-employee directors. Restricted stock unit shall vest immediately, but the shares shall not be delivered until there is a separation of service from the board of directors of MannKind Corporation.
/s/ Ronald J Consiglio05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did MannKind (MNKD) director Ronald J. Consiglio acquire in this Form 4?

Ronald J. Consiglio acquired 10,000 MannKind common shares at $2.95 per share and received two restricted stock unit grants of 16,556 and 82,781 units. These transactions reflect equity compensation and a related share purchase connected to his role as a non-employee director.

How many MannKind (MNKD) shares does Ronald J. Consiglio hold after these transactions?

After the reported transactions, Ronald J. Consiglio directly holds 132,342 shares of MannKind common stock. This figure reflects his updated direct ownership following the 10,000-share acquisition through the Market Price Stock Purchase Plan and does not include his separate restricted stock unit positions.

What are the terms of the restricted stock units reported by MannKind (MNKD) director Consiglio?

Consiglio received restricted stock unit awards covering 16,556 and 82,781 units, each representing a contingent right to one MNKD share. The RSUs vest or are treated as vested, but the underlying shares are not delivered until his separation of service from MannKind’s board of directors.

Was there any correction or clarification of prior MannKind (MNKD) Form 4 reports?

Yes. A footnote states that 423,655 shares representing deferred restricted stock units were inadvertently included in prior Table I holdings. This clarification separates those deferred RSUs from previously reported common stock holdings, improving the accuracy of Consiglio’s disclosed ownership.

How was the 10,000-share MannKind (MNKD) purchase by Ronald J. Consiglio executed?

The 10,000 MannKind common shares were purchased through the company’s Market Price Stock Purchase Plan, originally effective May 29, 2018. The purchase at $2.95 per share was specifically approved by MannKind’s board of directors on May 20, 2026, according to the footnotes.