Insulet SVP reports tax-withholding share disposition
INSULET CORP senior vice president Laetitia Cousin reported small share disposals tied to tax withholding, not open-market selling.
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
Exercise Price or Tax Liability: 253 shares
Exercise Price or Tax Liability
2 txns
Insider
Cousin Laetitia
Role
SVP, Reg, Quality & Compliance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 200 | $246.61 | $49K |
| Exercise Price or Tax Liability | Common Stock | 53 | $246.61 | $13K |
Holdings After Transaction:
Common Stock — 5,674 shares (Direct)
Footnotes (1)
- F1. This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.