Insulet (PODD) SVP Prem Singh receives equity awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSULET CORP senior executive Prem Singh reported routine equity compensation activity. He received a grant of 2,140 shares of common stock as a restricted stock unit award that vests over three years and 5,570 non-qualified stock options that vest over four years. On a separate date, 138 shares of common stock were withheld to satisfy tax obligations upon RSU vesting, a non-market transaction, leaving him with 7,160 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Singh Prem
Role
SVP, Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 138 | $248.12 | $34K |
| Grant/Award | Employee Stock Option (Right to Buy) | 5,570 | $0.00 | -- |
| Grant/Award | Common Stock | 2,140 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,160 shares (Direct);
Employee Stock Option (Right to Buy) — 5,570 shares (Direct)
Footnotes (1)
- Annual Restricted Stock Unit ("RSU") award. RSUs vest in substantially equal installments on each of the first, second and third anniversaries of the grant date and are settled in shares of common stock on a one-for-one basis. This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations. Annual Non-Qualified Stock Option ("Option") Award. The Options become exercisable in substantially equal installments on each of the first, second, third and fourth anniversaries of the grant date.