MannKind CEO buys 100,000 shares in open market
MannKind Corp CEO Michael Castagna purchased 100,000 shares of common stock in an open-market transaction at a weighted average price of $2.59 per share on March 10, 2026.
Rhea-AI Filing Summary
MannKind Corp CEO Michael Castagna purchased 100,000 shares of common stock in an open-market transaction at a weighted average price of $2.59 per share on March 10, 2026. Following this purchase, he directly owns 2,575,911 shares. An additional 1,500 shares are held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
2 txns
Insider
Castagna Michael
Role
Chief Executive Officer
Bought
100,000 shs ($259K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.01 Par Value | 100,000 | $2.59 | $259K |
| holding | Common Stock $0.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 Par Value — 2,575,911 shares (Direct);
Common Stock $0.01 Par Value — 1,500 shares (Indirect, By Spouse)
Footnotes (1)
- F1. The weighted average purchase price of the reported transaction was $2.59 based on a range of prices between $2.58 and $2.60. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MannKind (MNKD) report for Michael Castagna?
Michael Castagna bought 100,000 MannKind shares in the open market. The purchase occurred on March 10, 2026, and involved common stock with a par value of $0.01 per share, reflecting a direct increase in his personal equity stake.
AI-generated analysis. How Rhea-AI works. Not financial advice.