Inogen EVP acquires shares as RSUs vest
Inogen’s EVP, Business Development, General Counsel and Secretary reported RSU vesting, tax-share withholding, and ESPP share acquisition under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
Inogen Inc (INGN) reported that executive vice president Kevin P. Smith completed multiple equity transactions on September 1, 2026, in connection with restricted stock units and the employee stock purchase plan, reported as made under a Rule 10b5-1 trading plan. An award of 18,136 restricted stock units was exercised into an equal number of common shares, with 8,671 of those shares withheld to satisfy tax withholding liability and 1,500 additional shares acquired through the 2014 Employee Stock Purchase Plan at $5.33 per share. Following the vesting event, 18,135 restricted stock units remain outstanding and subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
18,136 shares exercised/converted
Exercise
4 txns
Insider
Smith Kevin P.
Role
EVP, Bus Dev, GC & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4 | 18,136 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 1,500 | $5.33 | $8K |
| Exercise | Common Stock | 18,136 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 8,671 | $5.33 | $46K |
Holdings After Transaction:
Restricted Stock Unit — 18,135 contracts (Direct);
Common Stock — 32,972 shares (Direct)
Footnotes (4)
- F1. Shares acquired through the Company's 2014 Employee Stock Purchase Plan.
- F2. The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with a portion of a time-based restricted stock unit award that vested on September 1, 2026.
- F3. Each restricted stock unit represents a contingent right to receive one share of Inogen common stock.
- F4. 1/3rd of the restricted stock units vested on September 1, 2026 (the "Vesting Commencement Date"), and subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the Vesting Commencement Date.
Key Figures
RSUs exercised: 18,136 units
Shares withheld for taxes: 8,671 shares
ESPP shares acquired: 1,500 shares
+2 more
5 metrics
RSUs exercised
18,136 units
Restricted stock units vested and converted to common stock on September 1, 2026
Shares withheld for taxes
8,671 shares
Common shares withheld to cover tax withholding liability on RSU vesting
ESPP shares acquired
1,500 shares
Shares acquired through Inogen’s 2014 Employee Stock Purchase Plan
ESPP purchase price
$5.33 per share
Price for ESPP acquisition of 1,500 shares on September 1, 2026
RSUs remaining
18,135 units
Restricted stock units held after the reported vesting event
Key Terms
Restricted Stock Unit, Employee Stock Purchase Plan, Rule 10b5-1 trading plan, tax withholding liability
4 terms
Restricted Stock Unit financial
"An award of 18,136 restricted stock units was exercised into an equal number"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Employee Stock Purchase Plan financial
"1,500 additional shares acquired through the 2014 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 10b5-1 trading plan regulatory
"transactions, reported as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding liability financial
"shares were withheld to satisfy tax withholding liability in connection with"
FAQ
What equity transactions did Inogen (INGN) executive Kevin P. Smith report on this Form 4?
Kevin P. Smith reported RSU vesting into 18,136 common shares, 8,671 shares withheld for taxes, and an acquisition of 1,500 shares through Inogen’s 2014 Employee Stock Purchase Plan, all dated September 1, 2026 and reported under a Rule 10b5-1 trading plan.
How many Inogen (INGN) restricted stock units vested and converted to common stock?
On September 1, 2026, 18,136 restricted stock units held by Kevin P. Smith vested and were exercised into 18,136 shares of Inogen common stock, as reported in the Form 4 transactions and related footnotes.
Were the reported Inogen (INGN) transactions made under a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates that the reported transactions for Kevin P. Smith were made under a Rule 10b5-1 trading plan, which is a pre-arranged trading program for insiders.
How many restricted stock units does Kevin P. Smith still hold after this Inogen (INGN) vesting event?
After the September 1, 2026 vesting event, Kevin P. Smith is reported as holding 18,135 restricted stock units, each representing a contingent right to receive one share of Inogen common stock, subject to continued service and the vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
