PODD Form 4: Director Michael Minogue Reports GRAT and Trust Transfers

Rhea-AI Filing Summary

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.

Insights

Corporate Governance Expert

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.

Securities Compliance Analyst

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.

Insider Trade Summary

40,596 shares gifted

Mixed 6 txns

Insider MINOGUE MICHAEL R

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	1,380	$0.00	--
Gift	Common Stock	1,380	$0.00	--
Gift	Common Stock	9,459	$0.00	--
Gift	Common Stock	9,459	$0.00	--
Gift	Common Stock	9,459	$0.00	--
Gift	Common Stock	9,459	$0.00	--

Holdings After Transaction: Common Stock — 778 shares (Direct); Common Stock — 15,453 shares (Indirect, By Trust)

Footnotes (1)

1. This transaction represents the transfer of common stock from the GRAT to the reporting person. This transaction represents the transfer of common stock by bona fide gift from the reporting person to a trust held for the benefit of the reporting person's spouse. The reporting person's spouse is a trustee of the trust.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

MINOGUE MICHAEL R

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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	08/19/2025		G		9,459(1)	D	$0	0	I	By GRAT
Common Stock	08/19/2025		G		9,459(1)	A	$0	11,617	D
Common Stock	08/19/2025		G		9,459(2)	D	$0	2,158	D
Common Stock	08/19/2025		G		9,459(2)	A	$0	14,073	I	By Trust
Common Stock	08/21/2025		G		1,380(2)	D	$0	778	D
Common Stock	08/21/2025		G		1,380(2)	A	$0	15,453	I	By Trust

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

Explanation of Responses:

1. This transaction represents the transfer of common stock from the GRAT to the reporting person.

2. This transaction represents the transfer of common stock by bona fide gift from the reporting person to a trust held for the benefit of the reporting person's spouse. The reporting person's spouse is a trustee of the trust.

	/s/ John W. Kapples, attorney-in-fact	08/21/2025
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Michael R. Minogue report on Form 4 for PODD?

The Form 4 reports transfers of common stock on 08/19/2025 and 08/21/2025 using transaction code G (gifts/transfers), including movements involving 9,459 and 1,380 share amounts.

Did the Form 4 show any purchases or option exercises by the reporting person?

No. All listed transactions use code G and show transfers/gifts; there are no purchases or derivative exercises disclosed.

What are the reported beneficial ownership amounts following the transactions?

The filing lists several post-transaction balances; the final reported amounts include 778 shares held directly and 15,453 shares held indirectly by a trust.

What is the nature of the indirect ownership disclosed in the filing?

The explanations state transfers from a GRAT to the reporting person and bona fide gifts to a trust established for the reporting person’s spouse, who is the trustee.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by John W. Kapples, attorney-in-fact, with the signature dated 08/21/2025.