Kelly Jason P 4

What Happened Jason P. Kelly, Chief Manufacturing and Quality Officer at Inspire Medical Systems (INSP), had 551 shares of common stock withheld by the issuer to satisfy taxes related to the vesting of restricted stock units. The shares were valued at $59.76 each, for a total withholding value of approximately $32,928. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-13
• Withheld shares: 551 at $59.76 per share; total value ≈ $32,928
• Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting); footnote F1 confirms issuer withheld shares for taxes
• Shares owned after transaction: not specified in the filing
• Filing date: 2026-02-18 (filed five days after the transaction date); appears later than the typical 2-business-day Form 4 deadline

Context

• This was a tax-withholding event tied to RSU vesting (routine administrative action), not a directional buy or sell that necessarily signals management sentiment.
• For retail investors, tax-withholdings are common and generally neutral for interpreting insider conviction. The filing includes Exhibit 24 (Power of Attorney).