Phillips Bryan K 4

What Happened

• Bryan K. Phillips, Senior Vice President, General Counsel, Secretary and Chief Compliance Officer of Inspire Medical Systems (INSP), had 579 shares withheld by the issuer on Feb 13, 2026 to satisfy tax obligations tied to the vesting of restricted stock units. The withholding was at $59.76 per share, with a total value of approximately $34,601. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: 2026-02-13; 579 shares withheld at $59.76 per share.
• Value of shares withheld: ~$34,601.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy taxes incident to vesting of an RSU award (tax-withholding, code F).
• Filing: Form 4 filed 2026-02-18 (filed within the SEC deadline given the holiday/weekend surrounding the transaction).
• Exhibit: Exhibit 24 (Power of Attorney) included.

Context

• This was a routine tax-withholding transaction related to RSU vesting (cashless retention of shares by the company), not a market sale that indicates a change in sentiment. Such withholdings are common when restricted awards vest and do not necessarily reflect the insider's view on the company’s stock.