PODD Insider Sale: Prem Singh Disposes of 687 Shares on 09/08/2025
Rhea-AI Filing Summary
Insulet Corporation (PODD) Form 4 filing: The reporting person, Prem Singh (SVP, Global Operations), sold 687 shares of Insulet common stock on 09/08/2025 at a weighted average sale price of $347.49 per share (sales ranged from $347.35 to $347.51). After the reported sale, Mr. Singh beneficially owned 3,456 shares, held directly. The sale was reported by an attorney-in-fact on behalf of the reporting person and the filer offers to provide breakouts of shares sold at each price upon request.
Positive
- None.
Negative
- Officer sale: Reporting person sold 687 shares, reducing direct beneficial ownership to 3,456 shares.
- Sale value approximate: Sale proceeds based on weighted average price amount to about $238,726 (687 shares x $347.49).
Insights
TL;DR: An officer sold a small block of shares; transaction appears routine and not materially large relative to company-level metrics provided.
The Form 4 discloses a direct sale of 687 shares by Prem Singh at a weighted average price of $347.49, leaving 3,456 shares beneficially owned. The filing contains no indication of a directive plan or other special circumstances. For investors, this is a clear, short disclosure of an insider sale; without additional context (e.g., total outstanding shares or recent trading patterns) the sale alone does not provide material evidence of company performance.
TL;DR: Disclosure is complete for the reported transaction and includes the price range; signature is by attorney-in-fact.
The Form 4 includes the required details: reporting person, relationship (SVP, Global Operations), transaction date, number of shares sold, weighted average price and remaining beneficial ownership. The explanatory note states the price range and offers to provide further breakout data to SEC staff or stakeholders, which strengthens transparency. No additional governance red flags appear in the filing text provided.