Insulet (PODD) CAO logs RSU grant, options and tax share withholding

Rhea-AI Filing Summary

Insulet Corp Group VP, CAO and Controller Lauren Budden reported routine equity compensation transactions. She received a grant of 611 shares of common stock and an option for 1,591 shares, both at a grant price of $0.00 per share, reflecting stock-based awards rather than open‑market activity.

To cover taxes on vested restricted stock units, 55 shares of common stock were withheld at a price of $248.12 per share, characterized as a tax-withholding disposition. Following these transactions, she directly owned 8,744 common shares and held an option for 1,591 shares, with vesting and exercisability occurring in installments over several years.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Budden Lauren

(Last) (First) (Middle)

C/O INSULET CORPORATION

100 NAGOG PARK

(Street)

ACTON MA 01720

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INSULET CORP [ PODD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Group VP, CAO and Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		A		611(1)	A	$0	8,799	D
Common Stock	02/25/2026		F		55(2)	D	$248.12	8,744	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$245.25	02/24/2026		A		1,591		(3)	02/24/2036	Common Stock	1,591	$0	1,591	D

Explanation of Responses:

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.

2. This transaction represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.

3. 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.

	/s/ Patricia K. Dolan, attorney-in-fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transactions did Insulet (PODD) executive Lauren Budden report?

Lauren Budden reported routine equity awards and a tax-related share withholding. She received 611 restricted shares and an option for 1,591 shares, and 55 shares were withheld to cover taxes on vested restricted stock units.

How many Insulet (PODD) shares were granted to Lauren Budden in this Form 4?

The filing shows a grant of 611 shares of common stock and a non-qualified stock option covering 1,591 shares. Both awards were granted at a price of $0.00 per share as stock-based compensation rather than cash purchases.

What is the purpose of the 55-share disposition in the Insulet (PODD) Form 4?

The 55-share disposition represents shares withheld to satisfy tax obligations upon vesting of restricted stock units. Instead of paying cash taxes, a portion of the vested shares was automatically surrendered at $248.12 per share.

What vesting schedule applies to Lauren Budden’s Insulet (PODD) RSU award?

The annual restricted stock unit award vests in substantially equal installments on each of the first, second, and third anniversaries of the grant date. Each vested unit is settled in one share of Insulet common stock.

How do Lauren Budden’s Insulet (PODD) stock options vest over time?

The annual non-qualified stock option award becomes exercisable in substantially equal installments on each of the first, second, third, and fourth anniversaries of the grant date. This staggered schedule aligns exercise rights with continued service.

How many Insulet (PODD) shares does Lauren Budden own after these transactions?

After the reported transactions, Lauren Budden directly owned 8,744 shares of Insulet common stock. She also held a non-qualified stock option covering 1,591 shares, which becomes exercisable in four annual installments.