Rondoni John 4
Research Summary
AI-generated summary
Inspire Medical (INSP) Chief Product & Innovation Officer Withholds 327 Shares
What Happened
John Rondoni, Chief Product and Innovation Officer at Inspire Medical Systems (INSP), had 327 shares of common stock withheld by the company to satisfy tax withholding on vested restricted stock units. The withholding was recorded at $66.33 per share, totaling approximately $21,690. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-11) — filing appears timely.
- Shares withheld: 327 at $66.33 per share; total value ≈ $21,690.
- Transaction code: F (shares withheld to satisfy taxes related to vesting of RSUs).
- Footnote: Issuer withheld shares to satisfy taxes incident to vesting of a restricted stock unit award.
- Shares owned after transaction: not specified in the summary filing.
Context
This was a routine tax-withholding event associated with RSU vesting (a cancelation/retention of shares to cover tax liability), not a directional trade that signals the insider buying or selling in the open market. For most investors, purchases signal stronger insider conviction than tax-withhold or routine dispositions.