[Form 4] Insulet Corporation Insider Trading Activity
Michael R. Minogue, a director of Insulet Corporation (PODD), reported multiple transfers of common stock on 08/19/2025 and 08/21/2025. The Form 4 shows transfers described as coming from a GRAT and as bona fide gifts to a trust for the reporting person’s spouse, who is trustee. The filing lists several paired dispositions and acquisitions of 9,459 and 1,380 shares (transaction code G, gift/transfer). The report discloses post-transaction beneficial ownership amounts including 778 shares held directly and 15,453 shares held indirectly by trust, along with intermediate reported balances (e.g., 11,617, 14,073). The signature is by attorney-in-fact John W. Kapples dated 08/21/2025.
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Insights
TL;DR: Routine estate-planning transfers reported by a director, documented as gifts and GRAT-related movements; no new compensation or option exercises.
The Form 4 records transfers of common stock using transaction code "G," indicating gifts or transfers under a written plan rather than purchases or option exercises. The filing explicitly identifies a grantor retained annuity trust (GRAT) transfer and gifts to a trust for the reporting person’s spouse, who serves as trustee. The pattern and disclosure are consistent with estate-planning or intra-family transfers and show updated beneficial ownership counts; there is no disclosure of cash consideration or derivative activity.
TL;DR: Disclosure appears complete for Section 16 purposes and documents both direct and indirect ownership changes.
The Form 4 lists transaction dates, transaction code "G," amounts transferred, and resulting beneficial ownership figures for each reported line. It includes an explanation clarifying which transfers represent stock moving from a GRAT back to the reporting person and which represent bona fide gifts to a spouse-benefit trust. The filing is signed via attorney-in-fact, meeting the required signature disclosure. No derivative securities or exercise prices are reported.