Insulet (PODD) director granted 1,660 RSUs, total holdings now 3,818 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frederick Wayne A.I. reported acquisition or exercise transactions in this Form 4 filing.
INSULET CORP director Frederick Wayne A.I. received an equity grant of 1,660 shares of common stock on a grant/award basis, with no cash paid per share. These are restricted stock units that vest in full on April 30, 2027. After the award, he holds 3,818 shares directly. Settlement of the vested RSUs is deferred under Insulet’s non-employee director deferred compensation plan until after his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Frederick Wayne A.I.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,660 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,818 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,660 shares
Grant price: 0.0000 per share
Post-transaction holdings: 3,818 shares
+1 more
4 metrics
RSU grant size
1,660 shares
Director equity award of restricted stock units
Grant price
0.0000 per share
Awarded as compensation, no cash paid
Post-transaction holdings
3,818 shares
Common stock held directly after the award
Vesting date
April 30, 2027
RSUs vest in full on this date
Key Terms
restricted stock units, Deferred Compensation Plan for Non-Employee Directors, vest, grant, award, or other acquisition
4 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.
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Insulet Corporation Deferred Compensation Plan for Non-Employee Directors."
vest financial
"These RSUs ... vest in full on April 30, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Insulet (PODD) director Frederick Wayne A.I. report on this Form 4?
He reported receiving an equity grant of 1,660 restricted stock units. These RSUs convert to common stock on a one-for-one basis, vest on April 30, 2027, and were awarded at no cash cost per share as director compensation.
Is the Insulet (PODD) Form 4 transaction a market purchase or sale?
The transaction is a grant, not a market trade. It is coded as an acquisition (A) representing a director equity award of restricted stock units, rather than an open-market purchase or sale of Insulet common stock.
When do Frederick Wayne A.I.’s Insulet (PODD) RSUs vest and settle?
The RSUs vest in full on April 30, 2027. However, settlement into common shares is deferred under Insulet’s Deferred Compensation Plan for Non-Employee Directors until after Frederick Wayne A.I. terminates his service as a director.
Does the Insulet (PODD) Form 4 indicate any derivative or option exercises?
No derivative or option exercises are shown in this Form 4. The filing reports only a non-derivative acquisition of common stock through a grant of restricted stock units as part of the director’s annual equity award.