Michael Castagna - 01 Jun 2023 Form 4 Insider Report for MANNKIND CORP (MNKD)

Signature
/s/ Michael Castagna
Issuer symbol
MNKD
Transactions as of
01 Jun 2023
Transactions value $
-$45,302
Form type
4
Filing time
02 Jun 2023, 21:00:07 UTC
Previous filing
26 May 2023
Next filing
05 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNKD Common Stock, $.01 Par Value Sale -$45.3K -10K -0.4% $4.53 2.52M 01 Jun 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 established December 19, 2022.