Leo Lee - 17 Nov 2025 Form 4 Insider Report for INSMED Inc (INSM)

Role
Director
Signature
/s/ Leo Lee, by Michael A. Smith as Attorney-in-fact
Issuer symbol
INSM
Transactions as of
17 Nov 2025
Net transactions value
-$14,692,249
Form type
4
Filing time
18 Nov 2025, 16:21:46 UTC
Previous filing
19 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LEE LEO Director 700 US HIGHWAY 202/206, BRIDGEWATER /s/ Leo Lee, by Michael A. Smith as Attorney-in-fact 18 Nov 2025 0001740789

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Sale $621,554 -3,212 -2.5% $193.51 126,465 17 Nov 2025 Direct F1
transaction INSM Common Stock Sale $3,421,857 -17,594 -14% $194.49 108,871 17 Nov 2025 Direct F2
transaction INSM Common Stock Sale $2,919,908 -14,944 -14% $195.39 93,927 17 Nov 2025 Direct F3
transaction INSM Common Stock Sale $4,733,582 -24,076 -26% $196.61 69,851 17 Nov 2025 Direct F4
transaction INSM Common Stock Sale $2,995,348 -15,174 -22% $197.40 54,677 17 Nov 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is the weighted average sales price representing 3,212 shares sold at prices ranging from $193.00 to $193.99 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.
F2 This is the weighted average sales price representing 17,594 shares sold at prices ranging from $194.00 to $194.99 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 is the weighted average sales price representing 14,944 shares sold at prices ranging from $195.00 to $195.99 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.
F4 This is the weighted average sales price representing 24,076 shares sold at prices ranging from $196.00 to $196.99 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.
F5 This is the weighted average sales price representing 15,174 shares sold at prices ranging from $197.00 to $197.78 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.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney