Sara Bonstein - 11 Feb 2025 Form 4 Insider Report for INSMED Inc (INSM)

Signature
/s/ Sara Bonstein, by Michael A. Smith as Attorney-in-fact
Issuer symbol
INSM
Transactions as of
11 Feb 2025
Net transactions value
-$1,465,680
Form type
4
Filing time
13 Feb 2025, 17:09:20 UTC
Previous filing
07 Feb 2025
Next filing
20 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Sale $1,064,160 -13,302 -8.6% $80.00 142,204 11 Feb 2025 Direct F1
transaction INSM Common Stock Sale $401,520 -5,019 -3.5% $80.00 137,185 12 Feb 2025 Direct F1
* 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.