Inspire Medical CPO covers taxes with 615 shares
Inspire Medical Systems, Inc. Chief People Officer Melissa Mann reported a Form 4 showing a tax-related share disposition.
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
Exercise Price or Tax Liability: 615 shares
Exercise Price or Tax Liability
1 txn
Insider
Mann Melissa
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 615 | $59.76 | $37K |
Holdings After Transaction:
Common Stock — 7,651 shares (Direct)
Footnotes (1)
- F1. Reflects shares of common stock that were withheld by the Issuer to satisfy taxes incident to vesting of a restricted stock unit award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.