Sara Bonstein - Feb 11, 2025 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
Feb 11, 2025
Transactions value $
-$1,465,680
Form type
4
Date filed
2/13/2025, 05:09 PM
Previous filing
Feb 7, 2025
Next filing
Feb 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSM Common Stock Sale -$1.06M -13.3K -8.55% $80.00 142K Feb 11, 2025 Direct F1
transaction INSM Common Stock Sale -$402K -5.02K -3.53% $80.00 137K Feb 12, 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.