Inspire Medical Systems (NYSE: INSP) awards 5,631 RSUs to board member Carrel
Rhea-AI Filing Summary
CARREL MICHAEL H reported acquisition or exercise transactions in this Form 4 filing.
Inspire Medical Systems, Inc. reported that director Michael H. Carrel received an equity award of 5,631 restricted stock units (RSUs) on July 20, 2026. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in three equal annual installments on the first three anniversaries of the grant date, subject to Carrel’s continued service on the board of directors through each vesting date. Following this award, he is reported as directly holding 5,631 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,631 shares
Net Buy
1 txn
Insider
CARREL MICHAEL H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,631 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,631 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in three equal annual installments on the first three anniversaries of the date of grant, subject to the Reporting Person's continued service on the board of directors of the Issuer through each such vesting date.
Key Figures
RSUs granted: 5,631 units
RSUs held after transaction: 5,631 units
Vesting schedule: 3 equal annual installments
3 metrics
RSUs granted
5,631 units
Equity award to director Michael H. Carrel on 2026-07-20
RSUs held after transaction
5,631 units
Direct holdings reported following the award
Vesting schedule
3 equal annual installments
On the first three anniversaries of the grant date, subject to continued board service
Key Terms
restricted stock units, contingent right, vesting, board of directors
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common"
vesting financial
"The RSUs vest in three equal annual installments on the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
board of directors regulatory
"subject to the Reporting Person's continued service on the board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Inspire Medical Systems (INSP) disclose for Michael H. Carrel?
Inspire Medical Systems disclosed that director Michael H. Carrel received a grant of 5,631 restricted stock units (RSUs). Each RSU is a contingent right to one share of common stock, serving as part of his equity-based board compensation.
How many restricted stock units did Michael H. Carrel receive in the INSP Form 4?
Michael H. Carrel received 5,631 RSUs from Inspire Medical Systems. These RSUs are reported as directly held and represent potential future shares of common stock, subject to meeting the vesting conditions described in the filing.
What is the vesting schedule for Michael H. Carrel’s 5,631 INSP RSUs?
Carrel’s 5,631 RSUs vest in three equal annual installments on the first three anniversaries of the grant date. Vesting requires his continued service on the Inspire Medical Systems board through each applicable vesting date.
Are Michael H. Carrel’s RSUs at Inspire Medical Systems tied to his board service?
Yes. The filing states the RSUs vest only if Carrel continues serving on the board. Vesting occurs in three equal annual tranches, each contingent on his ongoing board service through the respective anniversary date.
Did the INSP Form 4 indicate use of a Rule 10b5-1 trading plan for this award?
No. The document’s Rule 10b5-1 checkbox is not marked, indicating the reported RSU award was not affirmatively designated as made under a Rule 10b5-1 trading plan according to the filing’s own representation.
How many Inspire Medical Systems RSUs does Michael H. Carrel hold after this transaction?
After the reported grant, Carrel is shown as directly holding 5,631 RSUs. These units each represent a contingent right to receive one share of Inspire Medical Systems common stock upon satisfaction of the vesting conditions.