Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSM | Common Stock | Sale | -$112K | -3.84K | -2.38% | $29.25 | 157K | Jan 9, 2024 | Direct | F1, F2 |
transaction | INSM | Common Stock | Sale | -$102K | -3.54K | -2.25% | $28.90 | 154K | Jan 10, 2024 | Direct | F3 |
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).
Id | Content |
---|---|
F1 | Shares sold to satisfy withholding tax obligations upon the vesting of Restricted Stock Units and to cover related broker fees. |
F2 | This is the weighted average sales price representing 3,837 shares sold at prices ranging from $29.19 to $29.28 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request. |
F3 | 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. |