Insmed (NASDAQ: INSM) awards RSUs and stock options to SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSMED Inc senior vice president Samuele Butera received new equity awards as part of his compensation. He was granted 7,342 Restricted Stock Units, each representing one future share of common stock, with 25% vesting on the first day of the first month after the first anniversary of grant and the remainder vesting in three annual installments.
He was also granted stock options for 12,570 shares of common stock at an exercise price of $102.15 per share, expiring on June 23, 2036. These options vest 25% on the initial vesting date and 12.5% every six months thereafter until fully vested. All awards were granted for no cash consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Butera Samuele
Role
SVP, GM, Global Respiratory
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 12,570 | $0.00 | -- |
| Grant/Award | Common Stock | 7,342 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 12,570 shares (Direct, null);
Common Stock — 7,342 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's Amended and Restated 2019 Incentive Plan, as amended. The RSUs vest as follows: 25% on the first day of the first month following the first anniversary of the date of grant (the Initial Vesting Date) and 25% on each anniversary of the Initial Vesting Date until fully vested. Each RSU was granted on June 23, 2026, for no consideration. These stock options were granted under the Company's Amended and Restated 2019 Incentive Plan, as amended. The options become exercisable based on the following vesting schedule: 25% vest on the Initial Vesting Date and an additional 12.5% vest every six months thereafter until fully vested.
Key Figures
RSUs granted: 7,342 units
Options granted: 12,570 options
Option exercise price: $102.15 per share
+3 more
6 metrics
RSUs granted
7,342 units
Restricted Stock Units granted June 23, 2026
Options granted
12,570 options
Stock options granted June 23, 2026
Option exercise price
$102.15 per share
Stock Option (right to buy) strike price
Option expiration
June 23, 2036
Stock option term end date
Shares following RSU grant
7,342 shares
Common stock held after RSU award
Derivative position after grant
12,570 options
Options held after award
Key Terms
Restricted Stock Units (RSUs), Amended and Restated 2019 Incentive Plan, vesting schedule, Stock Option (right to buy), +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Amended and Restated 2019 Incentive Plan financial
"granted pursuant to the Company's Amended and Restated 2019 Incentive Plan, as amended"
vesting schedule financial
"The RSUs vest as follows: 25% on the first day of the first month following the first anniversary of the date of grant"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Stock Option (right to buy) financial
"These stock options were granted under the Company's Amended and Restated 2019 Incentive Plan"
exercise price financial
"conversion_or_exercise_price: "102.1500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did INSM (INSM) executive Samuele Butera receive?
Samuele Butera received 7,342 Restricted Stock Units and stock options for 12,570 shares of INSMED common stock. These awards are part of his compensation and were granted for no cash consideration, subject to multi-year vesting schedules.
How do Samuele Butera’s new RSUs in INSM (INSM) vest?
The 7,342 RSUs each convert into one INSMED share upon vesting. 25% vest on the first day of the first month after the first anniversary of grant, with an additional 25% vesting on each of the next three anniversaries.
What are the terms of Samuele Butera’s new INSM (INSM) stock options?
Butera’s stock options cover 12,570 shares at a fixed exercise price of $102.15 per share. They expire on June 23, 2036 and vest 25% on the initial vesting date, then 12.5% every six months until fully vested.
What plan governs the new equity awards for INSM (INSM) executive Samuele Butera?
Both the RSUs and stock options were granted under INSMED’s Amended and Restated 2019 Incentive Plan, as amended. This plan governs the terms, vesting schedules, and overall structure of the company’s equity-based compensation awards.