Form 4: Ronald J. Consiglio Acquires 52,854 Restricted Stock Units in MannKind Corp
SEC Form 4 Filing
Director Ronald J. Consiglio acquired 52,854 restricted stock units in MannKind Corp on May 14, 2025, which will vest upon separation of service from the board.
Summary
- On May 14, 2025, Ronald J. Consiglio, 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 standard SEC filing related to the acquisition of restricted stock units, which is a neutral event.
Future Outlook
The shares underlying the restricted stock units will be delivered upon separation of service from the board of directors of MannKind Corporation.
Industry Context
This filing reflects standard executive compensation practices within publicly traded companies, where restricted stock units are used to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Ronald J. Consiglio acquired 52,854 restricted stock units. |
| 05/14/2025 | Restricted stock units vested. |
| 05/16/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, MannKind Corp, MNKD, Director, Ronald J. Consiglio
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