Insulet (PODD) director Minogue receives 1,660 RSUs and reports trust-held shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MINOGUE MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
INSULET CORP director Michael R. Minogue reported an equity grant and updated share holdings. He received an annual equity award of 1,660 restricted stock units (RSUs), which will be settled one-for-one in common shares and vest in full on April 30, 2027. Following the grant, he holds 2,438 common shares directly and 17,483 common shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MINOGUE MICHAEL R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,660 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,438 shares (Direct, null);
Common Stock — 17,483 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 1,660 shares
Grant price: $0.0000 per share
Direct holdings after grant: 2,438 shares
+3 more
6 metrics
RSU grant
1,660 shares
Annual equity award of restricted stock units
Grant price
$0.0000 per share
Reported transaction price per RSU share
Direct holdings after grant
2,438 shares
Common stock held directly after the RSU award
Indirect trust holdings
17,483 shares
Common stock held indirectly by trust
RSU vesting date
April 30, 2027
RSUs vest in full on this date
Transaction code
A
Classified as grant, award, or other acquisition
Key Terms
restricted stock units, RSUs, annual equity award, vest in full, +1 more
5 terms
restricted stock units financial
"Annual equity award in the form of restricted stock units ("RSUs")."
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.
RSUs financial
"These RSUs, which will be settled in shares of common stock on a one-for-one basis, vest in full on April 30, 2027."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
annual equity award financial
"Annual equity award in the form of restricted stock units ("RSUs")."
vest in full financial
"These RSUs ... vest in full on April 30, 2027."
By Trust financial
"direct_or_indirect": "I", "nature_of_ownership": "By Trust""
FAQ
What did INSULET CORP (PODD) director Michael R. Minogue report in this Form 4?
He reported an annual equity award of 1,660 restricted stock units and updated share holdings. After the award, he holds 2,438 common shares directly and 17,483 shares indirectly through a trust, according to the Form 4 details.
How many restricted stock units did PODD director Michael R. Minogue receive?
He received 1,660 restricted stock units as an annual equity award. These RSUs convert into the same number of common shares and are a form of stock-based compensation granted at a reported price of $0.0000 per share.
When do Michael R. Minogue’s new RSUs in INSULET CORP vest?
The 1,660 restricted stock units vest in full on April 30, 2027. Once vested, they will be settled on a one-for-one basis in INSULET CORP common stock, increasing his direct share ownership at that time.
What does transaction code "A" mean in Michael R. Minogue’s PODD Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities. In this filing, it refers to the 1,660 restricted stock units granted as an annual equity award rather than an open-market stock purchase.