615 INSP shares withheld for taxes from CPO’s RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inspire Medical Systems, Inc. Chief People Officer Melissa Mann reported a Form 4 showing a tax-related share disposition. The company withheld 615 shares of common stock at $59.76 per share to satisfy taxes due upon vesting of a restricted stock unit award. After this withholding, she directly holds 7,651 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mann Melissa
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 615 | $59.76 | $37K |
Holdings After Transaction:
Common Stock — 7,651 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Inspire Medical Systems (INSP) report?
Inspire Medical Systems reported that Chief People Officer Melissa Mann had 615 common shares withheld. These shares were retained by the company to cover taxes triggered by the vesting of a restricted stock unit award, rather than being sold on the open market.
Who is the insider in this Inspire Medical Systems Form 4 filing?
The insider is Melissa Mann, Chief People Officer of Inspire Medical Systems, Inc. She is an executive officer, not a director or 10% owner, and the reported transaction reflects shares withheld to cover tax obligations from restricted stock unit vesting.
Was the Inspire Medical Systems insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 and footnote explain that 615 shares were withheld by Inspire Medical Systems to satisfy tax obligations from a restricted stock unit vesting, a non-market disposition for tax purposes.