Stuart A. Tross - Sep 3, 2024 Form 4 Insider Report for MANNKIND CORP (MNKD)

Signature
/s/ Stuart A. Tross
Stock symbol
MNKD
Transactions as of
Sep 3, 2024
Transactions value $
-$156,500
Form type
4
Date filed
9/4/2024, 09:11 PM
Previous filing
Aug 30, 2024
Next filing
Nov 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNKD Common Stock, $0.01 Par Value Sale -$157K -25K -2.39% $6.26 1.02M Sep 3, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Transaction occurred pursuant to Rule 10b5-1 Plan established May 31, 2024.
F2 The weighted average sales price of the reported transaction was $6.26 based on a range of prices between $6.19 and $6.34. 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.