Inspire Medical officer granted stock and RSUs
Inspire Medical Systems officer John Rondoni reported equity compensation and related tax withholding in company stock.
Rhea-AI Filing Summary
Inspire Medical Systems officer John Rondoni reported equity compensation and related tax withholding in company stock. He acquired 2,400 shares of common stock at no cost upon satisfaction of performance conditions tied to earlier performance stock units, and 15,958 additional shares through a new stock award.
To cover taxes from vesting of a performance stock unit award, 735 shares were withheld at a price of $59.53 per share. After these transactions, he directly owned 14,548 shares following the tax withholding and 30,506 shares following the new restricted stock unit award, which will vest in three equal annual installments starting February 20, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 735 | $59.53 | $44K |
| Grant/Award | Common Stock | 15,958 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects an award of shares of common stock following the satisfaction of performance conditions associated with previously granted performance stock units.
- F2. Reflects shares of common stock that were withheld by the Issuer to satisfy taxes incident to vesting of a performance stock unit award.
- F3. Represents an award of restricted stock units ("RSUs"), which vests in three equal annual installments commencing on February 20, 2027. Each RSU represents a contingent right to receive one share of Issuer's common stock, subject to the Reporting Person's continuous employment with the Issuer through the relevant dates.
FAQ
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What insider transactions did Inspire Medical Systems (INSP) report for John Rondoni?
What is the vesting schedule for John Rondoni’s new Inspire Medical Systems (INSP) RSU award?
What do the Form 4 footnotes reveal about Inspire Medical Systems (INSP) awards to John Rondoni?
AI-generated analysis. How Rhea-AI works. Not financial advice.