Insulet (PODD) director updates award to 151 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Insulet Corp director Robert Luther Huffines reported an amended grant of 151 deferred common stock units received in lieu of cash fees under the company’s Deferred Compensation Plan for Non-Employee Directors. These Deferred Units convert into common stock on a one-for-one basis upon distribution.
The amendment corrects an administrative error in the original Form 4, revising the award to 151 units at a price of $152.25 per unit, instead of 144 units at $159.79. Following this adjustment, Huffines holds 2,449 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huffines Robert Luther
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 151 | $152.25 | $23K |
Holdings After Transaction:
Common Stock — 2,449 shares (Direct, null)
Footnotes (1)
- These are deferred common stock units ("Deferred Units") received in lieu of cash compensation pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. The Deferred Units will be converted into shares of Company common stock on a one-for-one basis upon distribution, with the value of any fractional shares paid in cash. Distribution of shares of common stock occurs, at the election of the director, either in a lump sum or in substantially equal annual installments pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. Due to an administrative error, the wrong price per share was used to calculate the number of Deferred Units reported in the original Form 4. Accordingly, this amendment is being filed to correct the number of Deferred Units acquired (151 rather than 144 as originally reported) and the price per Deferred Unit ($152.25 rather than $159.79 as originally reported).
Key Figures
Deferred Units granted: 151 units
Deferred Unit price: $152.25 per unit
Shares following transaction: 2,449 shares
+3 more
6 metrics
Deferred Units granted
151 units
Deferred common stock units granted in lieu of cash fees
Deferred Unit price
$152.25 per unit
Corrected price per Deferred Unit
Shares following transaction
2,449 shares
Total common shares held directly after grant
Originally reported units
144 units
Incorrect Deferred Units count in original Form 4
Originally reported price
$159.79 per unit
Incorrect price per Deferred Unit in original Form 4
Transaction date
June 30, 2026
Date of deferred unit acquisition
Key Terms
deferred common stock units, Deferred Units, Deferred Compensation Plan for Non-Employee Directors
3 terms
deferred common stock units financial
"These are deferred common stock units ("Deferred Units") received in lieu of cash compensation"
Deferred common stock units are promises to deliver company shares or cash tied to the company’s stock value at a later date, typically used as part of employee or executive pay. Think of them like a paycheck you elect to receive in company stock at a future date; they can affect the number of shares outstanding and company expenses, so investors watch them for potential dilution and to understand management’s incentives.
Deferred Units financial
"The Deferred Units will be converted into shares of Company common stock on a one-for-one basis"
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors"
FAQ
What insider transaction did Insulet (PODD) director Robert Huffines report?
Robert Huffines reported an amended grant of 151 deferred common stock units. These units were received instead of cash director fees and will later convert into Insulet common stock on a one-for-one basis, with any fractional value paid in cash.
Why was this Insulet (PODD) Form 4/A filing necessary?
The Form 4/A corrects an administrative error in the original filing. It updates the award to 151 deferred units at $152.25 each, rather than 144 units at $159.79, ensuring the reported compensation matches the correct calculation.
How do Insulet (PODD) deferred common stock units work for directors?
Deferred common stock units are granted instead of cash compensation under Insulet’s non-employee director plan. They convert into shares of common stock on a one-for-one basis at distribution, with fractional amounts settled in cash according to the plan’s terms.