Sara Bonstein - Dec 22, 2023 Form 4 Insider Report for INSMED Inc (INSM)

Signature
/s/ Sara Bonstein, by Michael A. Smith as Attorney in Fact
Stock symbol
INSM
Transactions as of
Dec 22, 2023
Transactions value $
-$395,970
Form type
4
Date filed
12/22/2023, 04:03 PM
Previous filing
Jun 13, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Sale -$396K -13.2K -11.14% $30.00 105K Dec 22, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Includes 821 shares acquired through the Company's 2018 Employee Stock Purchase Plan.