Insulet director granted 144 deferred stock units
INSULET CORP director Robert Luther Huffines received a grant of 144 deferred common stock units, valued at $159.79 per unit.
Rhea-AI Filing Summary
INSULET CORP director Robert Luther Huffines received a grant of 144 deferred common stock units, valued at $159.79 per unit. These units were awarded as non-cash compensation under the Company’s Deferred Compensation Plan for Non-Employee Directors and will convert into common shares on a one-for-one basis upon distribution.
After this grant, Huffines is reported as directly holding 2,442 shares of common stock. Distribution of the underlying shares will occur in either a lump sum or substantially equal annual installments, at the director’s election under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 144 | $159.79 | $23K |
Footnotes (1)
- F1. These are deferred common stock units received in lieu of cash compensation pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. The deferred common stock 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.
Key Figures
Key Terms
Deferred Compensation Plan for Non-Employee Directors financial
deferred common stock units financial
distribution financial
lump sum financial
substantially equal annual installments financial
FAQ
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What insider transaction did INSULET CORP (PODD) director Robert Luther Huffines report?
Was the INSULET CORP (PODD) Form 4 transaction a market purchase or sale?
What is the reported value per unit for the INSULET CORP (PODD) deferred stock grant?
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