Mannkind (MNKD) executive compensation, 2026 proxy

Michael E. Castagna, Chief Executive Officer, was paid $9.3M in 2025, down 2% from $9.5M the year before. The CEO-to-median-employee pay ratio was 46:1, on median employee pay of $203,592.

Filed
April 7, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
5
CEO total pay
$9.3M-2% vs prior year
CEO to median employee
46:1median $203,592
CEO pay in equity
83%$7.7M in awards
Prior say-on-pay support
91%of votes cast
CEO Target Bonus Percentage
80%Based on base salary
NEO Target Bonus Percentage
50%Based on base salary
Corporate Achievement Percentage
107.0%For 2025 performance
Say-on-Pay Support
91%Previous advisory vote

How Castagna was paid

$9.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards83%Non-equity incentive7%All other compensation2%

Named executive officers

ExecutiveTotal
Michael E. CastagnaChief Executive Officer$9,300,485
Christopher B. PrentissChief Financial Officer$2,886,799
Dominic MarascoPresident, Endocrine Business Unit$6,980,472
David B. ThomsonEVP, General Counsel and Secretary$3,155,248
Stuart A. TrossEVP, Human Resources$2,945,695

What changed and why

  • $9.3MMichael E. Castagna total compensation decreased to $9,300,485 in fiscal 2025 compared to $9,490,628 in 2024.
  • 107.0%The Compensation Committee assessed corporate goal achievement at 107.0% for the year ended December 31, 2025.
  • Long-term equity incentives emphasize performance-based vesting measured by relative TSR.
  • 91%Approximately 91% of the votes cast supported the say-on-pay proposal in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.