Inogen (NASDAQ: INGN) EVP reports RSU grant, vesting and tax disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inogen Inc executive Jennifer M. Yi Boyer reported multiple equity award events. On February 27, 2026, she received a grant of 32,500 restricted stock units, each representing one share of common stock. These units vest in three equal annual installments starting March 1, 2027, subject to continued service.
On March 1, 2026, restricted stock units previously granted fully vested or were earned based on 2025 financial performance, and were converted into common shares. In connection with these vestings, blocks of shares were withheld at $6.10 per share to cover tax liabilities. After these transactions, she directly owned 26,747 shares of Inogen common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,017 shares exercised/converted
Mixed
12 txns
Insider
Yi Boyer Jennifer M
Role
EVP Entrprs Enblmnt, Ch HR Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,680 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 7,332 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 13,005 | $0.00 | -- |
| Exercise | Common Stock | 4,680 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,544 | $6.10 | $16K |
| Grant/Award | Common Stock | 3,603 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,959 | $6.10 | $12K |
| Exercise | Common Stock | 7,332 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,927 | $6.10 | $24K |
| Exercise | Common Stock | 13,005 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,952 | $6.10 | $42K |
| Grant/Award | Restricted Stock Unit | 32,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 18,189 shares (Direct)
Footnotes (1)
- 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 March 1, 2026. The reported securities represent shares earned and vested on March 1, 2026 based on achievement of the financial performance conditions for the 2025 fiscal year that were approved as part of the 2023 performance-based restricted stock unit award granted on February 28, 2023. The reported shares were withheld to cover the reporting person's tax withholding liability in connection with the 2023 performance-based restricted stock unit award granted on February 28, 2023 and vested on March 1, 2026. Each restricted stock unit represents a contingent right to receive one share of Inogen common stock. Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2027 (the "2027 Vesting Commencement Date"), and 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the 2027 Vesting Commencement Date. The restriced stock units were fully vested on March 1, 2026. 1/3rd of the restricted stock units vested on March 1, 2025 (the "2025 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 2025 Vesting Commencement Date. 1/3rd of the restricted stock units vested on March 1, 2026 (the "2026 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 2026 Vesting Commencement Date.
FAQ
What insider transactions did Inogen (INGN) report for Jennifer M. Yi Boyer?
Inogen reported that EVP Jennifer M. Yi Boyer had restricted stock units vest and convert into common shares, with some shares withheld to pay taxes, and also received a new 32,500-unit RSU grant, increasing her direct common stock holdings to 26,747 shares.
How many restricted stock units were newly granted to the Inogen EVP in this Form 4?
The filing shows a new grant of 32,500 restricted stock units to the Inogen executive. Each unit represents the right to receive one share of common stock, vesting in three equal annual installments starting March 1, 2027, subject to her continued service.
What vesting schedule applies to the 32,500 new Inogen restricted stock units?
One-third of the 32,500 restricted stock units will vest on March 1, 2027, and, subject to continued service, one-third will vest on the same date in each of the following two years, providing a three-year, time-based vesting structure for the executive’s equity award.
What performance conditions were tied to some Inogen RSUs in this Form 4?
Some restricted stock units vested based on financial performance conditions for the 2025 fiscal year. The filing notes these RSUs were part of a 2023 performance-based award granted on February 28, 2023, and were earned and vested on March 1, 2026 once conditions were achieved.