MannKind Director Steven B. Binder Sells 39,051 Shares

What Happened Steven B. Binder, a director of MannKind Corp (MNKD), sold 39,051 shares on August 7, 2026 in an open-market/private sale. The reported weighted-average sales price was $4.06 per share, for total proceeds of approximately $158,547. This was a sale (not a purchase) and was made pursuant to a pre-established trading plan.

Key Details

• Transaction date: 2026-08-07; Form 4 filed: 2026-08-10.
• Shares sold: 39,051 at a weighted-average price of $4.06; total ≈ $158,547.
• Reported price range for the sale: $3.86 to $4.13 (detailed per-price breakdown available on request per footnote).
• Footnote: Sale occurred pursuant to a Rule 10b5-1 trading plan established December 2, 2025.
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on Aug 10, 2026 for the Aug 7 transaction (no late-filing flag noted in the provided data).

Context Sales made under a 10b5-1 plan are pre-arranged and typically reflect scheduled or pre-authorized dispositions rather than a real-time trading decision. Sales are generally less informative about an insider's current view of company prospects than purchases, but they do reduce the insider's stake.