Insulet (PODD) SVP uses 253 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSULET CORP senior vice president Laetitia Cousin reported small share disposals tied to tax withholding, not open-market selling. On the vesting of restricted stock units, 200 and 53 shares of common stock were withheld at a price of $246.61 per share to cover associated tax obligations. After these transactions, she directly held 5,674 shares of Insulet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cousin Laetitia
Role
SVP, Reg, Quality & Compliance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 200 | $246.61 | $49K |
| Tax Withholding | Common Stock | 53 | $246.61 | $13K |
Holdings After Transaction:
Common Stock — 5,727 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INSULET CORP (PODD) report for Laetitia Cousin?
INSULET CORP reported that SVP Laetitia Cousin had shares withheld to cover taxes on vested restricted stock units. Two transactions used 200 and 53 common shares, classified as tax-withholding dispositions rather than open-market sales.
Were Laetitia Cousin’s PODD transactions open-market sales?
No, the Form 4 classifies both transactions as tax-withholding dispositions under code F. The footnote explains the shares were withheld upon restricted stock unit vesting specifically to satisfy associated tax obligations, not discretionary open-market selling.
What is Laetitia Cousin’s role at INSULET CORP (PODD) and her remaining holdings?
Laetitia Cousin serves as Senior Vice President of Regulatory, Quality & Compliance at INSULET CORP. After the reported tax-withholding share dispositions, she directly held 5,674 shares of the company’s common stock, according to the Form 4 details.
What does transaction code F mean in the PODD Form 4 for Laetitia Cousin?
Transaction code F on the Form 4 indicates payment of exercise price or tax liability by delivering securities. For Laetitia Cousin, both entries describe common shares withheld to cover tax obligations triggered by the vesting of restricted stock units.