Insulet (PODD) SVP granted RSUs, stock options and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSULET CORP senior vice president Laetitia Cousin reported equity compensation and related tax withholding transactions. She received an annual grant of 1,044 shares of common stock as restricted stock units that vest in three substantially equal installments on the first, second and third anniversaries of the grant date.
She also received an annual non-qualified stock option award for 2,718 shares that becomes exercisable in four substantially equal installments on each of the first four anniversaries of the grant date. In a separate transaction, 111 shares of common stock were withheld at a price of $248.12 per share to cover tax obligations upon RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Cousin Laetitia
Role
SVP, Reg, Quality & Compliance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 111 | $248.12 | $28K |
| Grant/Award | Employee Stock Option (Right to Buy) | 2,718 | $0.00 | -- |
| Grant/Award | Common Stock | 1,044 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,927 shares (Direct);
Employee Stock Option (Right to Buy) — 2,718 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.
FAQ
What insider transactions did INSULET CORP (PODD) report for Laetitia Cousin?
INSULET CORP reported that SVP Laetitia Cousin received grants of common stock and stock options, plus a share withholding for taxes. She was awarded 1,044 restricted shares, 2,718 stock options, and had 111 shares withheld to satisfy tax obligations on vested RSUs.
How many restricted stock units did Laetitia Cousin receive at INSULET CORP (PODD)?
Laetitia Cousin received an annual award of 1,044 restricted stock units that settle into common shares. These RSUs vest in three substantially equal installments on the first, second and third anniversaries of the grant date, aligning compensation with multi-year service and performance.
What are the terms of Laetitia Cousin’s stock option grant at INSULET CORP (PODD)?
She received an annual non-qualified stock option award covering 2,718 shares at a grant price of $0.00. According to the filing, these options become exercisable in four substantially equal installments on each of the first, second, third and fourth anniversaries of the grant date.
Did Laetitia Cousin’s Form 4 show open-market buying or selling of INSULET CORP (PODD) stock?
The Form 4 does not show open-market buying or selling. It reports equity compensation awards—restricted stock units and stock options—and a tax-withholding disposition where 111 shares were withheld to pay taxes upon RSU vesting, rather than sold in the public market.