MannKind (MNKD) Director Steven Binder Sells 39,051 Shares

What Happened
Steven B. Binder, a director of MannKind Corp (MNKD), sold 39,051 shares in an open-market transaction on September 25, 2026. The reported weighted-average sale price was $3.29 per share, for total proceeds of approximately $128,478. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-09-25 (reported in Form 4 filed 2026-09-28)
• Transaction type/code: Sale (S) — open market/private sale reported
• Shares sold: 39,051 at a weighted-average price of $3.29 → ~$128,478 total
• Reported price range: $3.20–$3.36; weighted average $3.29 (per footnote)
• Plan/authorization: Occurred pursuant to a Rule 10b5-1 plan established December 2, 2025 (footnote)
• Shares owned after transaction: Not disclosed in this filing
• Filing timeliness: Form 4 filed within the standard reporting window (not marked late)

Context
Sales executed under a pre-established Rule 10b5-1 plan are typically prearranged and do not necessarily reflect the insider’s current view of the company; they are often used for routine diversification or liquidity needs. For more granular pricing info, the filing notes the issuer can provide the number of shares sold at each separate price upon request.