Inspire Medical Systems (INSP) files Form 144 for 1,200-share sale
Rhea-AI Filing Summary
Inspire Medical Systems had an affiliate file a Form 144 notice to potentially sell 1,200 shares of its common stock through Morgan Stanley Smith Barney LLC on or about 12/02/2025. The shares have an aggregate market value of $151,608.00 based on the information provided. Common shares outstanding were 29,056,434 at the time referenced. The seller acquired these 1,200 shares on 03/17/2023 by exercising stock options and paying in cash on that date.
Over the past three months, the same account conducted 10b5-1 sales of 2,000 common shares on 11/28/2025, generating gross proceeds of $254,960.00. The notice includes a representation that the seller does not know of undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
How many Inspire Medical Systems (INSP) shares are covered by this Form 144?
The notice covers a proposed sale of 1,200 shares of Inspire Medical Systems common stock, to be sold through Morgan Stanley Smith Barney LLC.
What is the approximate market value of the INSP shares in this planned Form 144 sale?
The 1,200 common shares listed in the notice have an aggregate market value of $151,608.00 based on the figures provided.
When were the INSP shares in this Form 144 acquired and how were they paid for?
The 1,200 shares were acquired on 03/17/2023 through previously exercised stock options, with the purchase price paid in cash on the same date.
What prior INSP share sales are disclosed for the past three months?
The filing lists 10b5-1 sales for Shawn T McCormick of 2,000 common shares on 11/28/2025, generating $254,960.00 in gross proceeds.
How many Inspire Medical Systems common shares were outstanding at the time referenced?
The table reports 29,056,434 common shares of Inspire Medical Systems outstanding at the time referenced in the notice.
What representation does the seller make in this Inspire Medical Systems Form 144 notice?
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.