Form 144 insider plans sale of 709 shares

An insider has filed a Rule 144 notice to sell 709 shares of common stock through broker Merrill Lynch on or about 01/07/2026, to be traded on NASDAQ.

Accepted by SEC EDGAR 01/07/2026 - 05:04 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

An insider has filed a Rule 144 notice to sell 709 shares of common stock through broker Merrill Lynch on or about 01/07/2026, to be traded on NASDAQ. These 709 shares were acquired on 01/05/2026 through stock plan activity with the issuer. The notice also lists prior sales over the last three months by the same seller, including 1,396 common shares sold on 01/06/2026 for gross proceeds of 241968, and 27,130 common shares sold on 11/03/2025 for gross proceeds of 4985054. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many INSM shares are planned to be sold under this Form 144?

The notice covers a planned sale of 709 shares of common stock through Merrill Lynch on or about 01/07/2026, to be traded on NASDAQ.

How did the insider acquire the INSM shares being sold in this Form 144?

The 709 shares of common stock were acquired on 01/05/2026 via stock plan activity from the issuer, with the acquisition and payment both dated 01/05/2026.

What INSM share sales has the insider made in the last three months?

In the past three months, the seller reported two transactions: 1,396 common shares sold on 01/06/2026 for gross proceeds of 241968, and 27,130 common shares sold on 11/03/2025 for gross proceeds of 4985054.

Which broker and exchange are involved in this INSM Form 144 sale?

The planned sale of 709 INSM common shares is to be executed through Merrill Lynch, with the securities listed for trading on NASDAQ.

What representation does the insider make when signing this INSM Form 144?

By signing, the seller represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.

Does the INSM Form 144 mention Rule 10b5-1 trading plans?

The notice explains that if the seller relies on a written trading plan or instructions under Rule 10b5-1, by signing and indicating the adoption date they make the same representation as of that plan or instruction date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001870278
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	INSMED INC
SEC File Number	000-30739
Address of Issuer	700 US Highway 202/206 Bridgewater NEW JERSEY 08807
Phone	9089779900
Name of Person for Whose Account the Securities are To Be Sold	Michael Smith
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 1800 K ST NW Suite 800 Washington DC 20006	709	124124	213273469	01/07/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/05/2026	Stock Plan Activity	Issuer			709	01/05/2026	n/a

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael Smith 700 US Highway 202/206 Bridgewater NJ 08807	Common	01/06/2026	1396	241968
Michael Smith 700 US Highway 202/206 Bridgewater NJ 08807	Common	11/03/2025	27130	4985054

144: Remarks and Signature

Remarks
Date of Notice	01/07/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Michael Smith
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)