Inspire Medical Systems (INSP) grants director 383 common shares as fees
Rhea-AI Filing Summary
Broader Shelley G reported acquisition or exercise transactions in this Form 4 filing.
Inspire Medical Systems, Inc. reported that director Shelley G. Broader received a grant of 383 shares of common stock on 2026-07-15, issued at $0.0000 per share as equity compensation in lieu of cash fees. Following this award, she directly holds 8,854 shares of the company's common stock.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Broader Shelley G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 383 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,854 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 383 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 8,854 shares
+1 more
4 metrics
Shares granted
383 shares
Common stock grant to director Shelley G. Broader on 2026-07-15
Grant price per share
$0.0000 per share
Equity compensation issued in lieu of cash director fees
Shares held after transaction
8,854 shares
Direct holdings of Shelley G. Broader following the reported award
Transaction date
2026-07-15
Date of common stock grant reported for Shelley G. Broader
Key Terms
Non-Employee Director Compensation Policy, in lieu of cash fees, power of attorney
3 terms
Non-Employee Director Compensation Policy financial
"pursuant to the Company's Non-Employee Director Compensation Policy."
in lieu of cash fees financial
"shares of common stock received in lieu of cash fees pursuant to"
power of attorney regulatory
"Exhibit 24 - Power of Attorney."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Inspire Medical Systems (INSP) report for Shelley G. Broader?
Shelley G. Broader received a grant of 383 shares of Inspire Medical Systems common stock on 2026-07-15 as equity compensation. The shares were issued at $0.0000 per share in lieu of cash fees under the non-employee director compensation policy.
Was Shelley G. Broader’s Inspire Medical Systems (INSP) transaction an open-market purchase?
No. The filing shows a code "A" transaction, indicating a grant or award of 383 shares of common stock. A footnote explains the shares were received in lieu of cash fees under the Non-Employee Director Compensation Policy, not bought on the open market.
What are Shelley G. Broader’s Inspire Medical Systems (INSP) holdings after this grant?
After the reported award, Shelley G. Broader directly holds 8,854 shares of Inspire Medical Systems common stock. This post-transaction balance reflects the addition of the 383-share equity compensation grant disclosed in the Form 4.
Was the Inspire Medical Systems (INSP) stock grant to Shelley G. Broader under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 plan. Instead, it is characterized as a routine equity compensation grant in lieu of cash fees under the company’s Non-Employee Director Compensation Policy.
What type of security is involved in Shelley G. Broader’s Inspire Medical Systems (INSP) transaction?
The transaction involves common stock of Inspire Medical Systems. A total of 383 shares were granted as non-employee director compensation, with no derivatives or options reported in connection with this specific Form 4 transaction.