Inspire Medical (INSP) director receives 3,562-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tansey Casey M reported acquisition or exercise transactions in this Form 4 filing.
Inspire Medical Systems director Casey M. Tansey received a grant of 3,562 shares of common stock as a stock-based award. The award is in the form of Restricted Stock Units, each representing a contingent right to receive one share of common stock, and vests based on continued service, including an anniversary-based condition.
Following this grant, Tansey holds 26,286 shares of common stock directly. In addition, 500 shares are held indirectly by The Kimberly Tansey Irrevocable Trust and 500 shares are held indirectly by The Kylie Tansey Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tansey Casey M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,562 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,286 shares (Direct, null);
Common Stock — 500 shares (Indirect, By Family Trust)
Footnotes (1)
- Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs shall vest upon the earlier to occur of (a) the first anniversary service with the Issuer through the applicable vesting date. Securities held by The Kimberly Tansey Irrevocable Trust. Securities held by The Kylie Tansey Irrevocable Trust.
Key Figures
RSU grant size: 3,562 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 26,286 shares
+2 more
5 metrics
RSU grant size
3,562 shares
Restricted Stock Unit award to Casey M. Tansey
Grant price per share
$0.0000 per share
RSU award exercise/settlement price
Direct holdings after grant
26,286 shares
Common stock directly held by Casey M. Tansey
Kimberly Tansey Trust holdings
500 shares
Common stock held by The Kimberly Tansey Irrevocable Trust
Kylie Tansey Trust holdings
500 shares
Common stock held by The Kylie Tansey Irrevocable Trust
Key Terms
Restricted Stock Units ("RSUs"), contingent right, Irrevocable Trust
3 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
Irrevocable Trust financial
"Securities held by The Kimberly Tansey Irrevocable Trust."
FAQ
What did Casey M. Tansey report in this Inspire Medical Systems (INSP) Form 4?
Casey M. Tansey reported receiving a grant of 3,562 Restricted Stock Units, each representing one share of Inspire Medical Systems common stock. The filing also updates her direct and indirect shareholdings after this equity award.
What are Casey M. Tansey’s direct Inspire Medical Systems (INSP) holdings after this grant?
After the grant, Casey M. Tansey directly holds 26,286 shares of Inspire Medical Systems common stock. This figure comes from the Form 4 and reflects her direct ownership position following the 3,562-share Restricted Stock Unit award.
What indirect Inspire Medical Systems (INSP) holdings are reported for Casey M. Tansey?
The filing reports 500 shares held by The Kimberly Tansey Irrevocable Trust and 500 shares held by The Kylie Tansey Irrevocable Trust. These positions are classified as indirect ownership interests associated with Casey M. Tansey.
How do the Restricted Stock Units for Inspire Medical Systems (INSP) vest for Casey M. Tansey?
The Restricted Stock Units vest upon the occurrence of specified conditions, including an anniversary-based vesting condition tied to continued service. Once vested, each RSU entitles Casey M. Tansey to receive one share of common stock.