Michael Castagna - 05 May 2023 Form 4 Insider Report for MANNKIND CORP (MNKD)

Signature
/s/ Michael Castagna
Issuer symbol
MNKD
Transactions as of
05 May 2023
Net transactions value
-$40,000
Form type
4
Filing time
05 May 2023, 21:00:13 UTC
Previous filing
05 Apr 2023
Next filing
12 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNKD Common Stock, $.01 Par Value Sale $40,000 -10,000 -0.49% $4.00 2,020,128 05 May 2023 Direct F1
* 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.