MannKind director sells 33,558 shares at $3.81
A MannKind Corp director sold 33,558 MNKD shares under a pre-established Rule 10b5-1 trading plan, retaining 752,309 shares afterward.
Rhea-AI Filing Summary
MANNKIND CORP (MNKD) director Steven B. Binder reported selling 33,558 shares$3.81 per share752,309 shares
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Insider Trade Summary 10b5-1
Net Seller: 33,558 shares
Net Sell
1 txn
Insider
Binder Steven B.
Role
Director
Sold
33,558 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value F1, F2 | 33,558 | $3.81 | $128K |
Holdings After Transaction:
Common Stock, $0.01 Par Value — 752,309 shares (Direct)
Footnotes (2)
- F1. Transaction occurred pursuant to Rule 10B5-1 Plan established December 2, 2025.
- F2. The weighted average sales price of the reported transaction was $3.81 based on a range of prices between $3.76 and $3.87. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
Key Figures
Shares sold: 33,558 shares
Weighted average sale price: $3.81 per share
Price range of sales: $3.76–$3.87 per share
+2 more
5 metrics
Shares sold
33,558 shares
Sale of MannKind common stock on September 10, 2026 by director Steven B. Binder
Weighted average sale price
$3.81 per share
Average price for the 33,558 shares sold within a $3.76–$3.87 range
Price range of sales
$3.76–$3.87 per share
Range of individual trade prices for the reported sale
Shares held after transaction
752,309 shares
Direct holdings of Steven B. Binder after the September 10, 2026 sale
Rule 10B5-1 plan adoption date
December 2, 2025
Date the trading plan governing this sale was established
Key Terms
Rule 10B5-1 Plan, weighted average sales price, open market or private transaction
3 terms
Rule 10B5-1 Plan regulatory
"Transaction occurred pursuant to Rule 10B5-1 Plan established December 2, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average sales price financial
"The weighted average sales price of the reported transaction was $3.81 based on a range of prices"
open market or private transaction market
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MNKD report for Steven B. Binder?
Steven B. Binder reported a sale of 33,558 sharesSeptember 10, 2026$3.81 per share
Was the MNKD insider sale made under a Rule 10b5-1 plan?
Yes. The sale was made pursuant to a Rule 10B5-1 Planestablished on December 2, 2025