Insulet (PODD) director Timothy Scannell receives 1,660-share RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSULET CORP director Timothy J. Scannell received an annual equity award in the form of restricted stock units. The grant covers 1,660 shares of common stock, awarded at no cash cost and recorded as an acquisition of common stock.
The RSUs will be settled in shares of common stock on a one-for-one basis and vest in full on April 30, 2027. After this award, Scannell directly holds 33,024 shares of Insulet common stock, showing this is a routine, compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scannell Timothy J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,660 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,024 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,660 shares
Post-transaction holdings: 33,024 shares
Grant price: $0.0000 per share
+2 more
5 metrics
RSU grant size
1,660 shares
Annual equity award of restricted stock units
Post-transaction holdings
33,024 shares
Common stock directly held after the RSU grant
Grant price
$0.0000 per share
Indicates a no-cash-cost equity award
Vesting date
April 30, 2027
RSUs vest in full on this date
Security type
Common Stock
Underlying shares for the RSU award
Key Terms
restricted stock units, RSUs, Annual equity award, Form 4, +1 more
5 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.
RSUs financial
"These RSUs, which will be settled in shares of common stock on a one-for-one basis, vest in full on April 30, 2027."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual equity award financial
"Annual equity award in the form of restricted stock units ("RSUs")."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"These RSUs, which will be settled in shares of common stock on a one-for-one basis, vest in full on April 30, 2027."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Insulet (PODD) director Timothy J. Scannell report on this Form 4?
Timothy J. Scannell reported receiving an annual equity award of 1,660 restricted stock units. These RSUs are a stock-based compensation grant, not an open-market trade, and increase his direct holdings in Insulet common stock.
When do Timothy J. Scannell’s new Insulet (PODD) RSUs vest?
The restricted stock units vest in full on April 30, 2027. Once vested, each RSU will be settled for one share of Insulet common stock, turning the award into freely owned shares, subject to any company policies.
Was Timothy J. Scannell’s Insulet (PODD) Form 4 a market buy or sell?
The Form 4 reports a compensation-related grant, not a market buy or sell. Code A indicates an award or other acquisition, and the 1,660 RSUs were granted at no cash price as part of his annual equity compensation.