Castagna Michael 4
4 · MANNKIND CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
MannKind (MNKD) CEO Michael Castagna Buys 100,000 Shares
What Happened
- Michael Castagna, CEO of MannKind Corporation (MNKD), acquired 100,000 common shares in an open-market purchase on March 10, 2026. The weighted average purchase price was $2.59 per share, for a total reported outlay of approximately $259,000. This was a direct purchase (code P).
Key Details
- Transaction date: 2026-03-10
- Reported price: weighted average $2.59 (range $2.58–$2.60 per footnote)
- Shares acquired: 100,000; reported value: ~$259,000
- Shares owned after transaction: Not reported in the provided details
- Footnote: Issuer notes the $2.59 weighted average is based on purchases at prices between $2.58 and $2.60; a full breakdown by price is available upon request (per SEC staff procedures)
- Filing timeliness: No late filing flag provided in the supplied information
Context
- This was a straightforward open-market purchase (purchase code P). Purchases by executives are often watched by investors as a potential positive signal, but the filing does not state Castagna’s motivation.
Insider Transaction Report
Form 4
MANNKIND CORPMNKD
Castagna Michael
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock, $0.01 Par Value
[F1]2026-03-10$2.59/sh+100,000$259,000→ 2,575,911 total
Holdings
- 1,500(indirect: By Spouse)
Common Stock $0.01 Par Value
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.
Signature
/s/ Michael Castagna|2026-03-10