Interim CFO of Inspire Medical (INSP) disposes shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inspire Medical Systems interim CFO Richard Buchholz disposed of 579 shares of common stock at $59.76 per share to cover taxes due on the vesting of a restricted stock unit award. After this tax-withholding disposition, he directly holds 43,988 shares and indirectly holds 1,475 shares through his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Buchholz Richard
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 579 | $59.76 | $35K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,988 shares (Direct);
Common Stock — 1,475 shares (Indirect, By Son)
Footnotes (1)
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FAQ
What insider transaction did Inspire Medical Systems (INSP) report for Richard Buchholz?
Inspire Medical Systems reported that interim CFO Richard Buchholz had 579 shares of common stock withheld to cover taxes on a restricted stock unit vesting. This tax-withholding disposition used existing shares rather than an open-market sale.
Was the Inspire Medical Systems (INSP) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 579 shares were withheld by Inspire Medical Systems to cover taxes due on a restricted stock unit vesting, a common administrative tax-withholding mechanism for equity compensation.