Form 4: MannKind Corp Director James Samuel Shannon Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director James Samuel Shannon reports acquiring 52,854 restricted stock units in MannKind Corp on May 14, 2025.
Summary
- On May 14, 2025, James Samuel Shannon, a director of MannKind Corp, acquired 52,854 restricted stock units.
- Each restricted stock unit represents a contingent right to receive one share of MNKD common stock.
- The restricted stock units vested on May 14, 2025, but the shares will not be delivered until there is a separation of service from the board of directors of MannKind Corporation.
- The transaction was reported on May 16, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to potential dilution upon conversion of the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: James Samuel Shannon acquired restricted stock units. |
| 05/14/2025 | Restricted stock units vested. |
| 05/16/2025 | Date of report filing. |
Keywords
MNKD, MannKind Corp, Director, James Samuel Shannon, Restricted Stock Units, Beneficial Ownership, Form 4
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