Broader Shelley G 4

What Happened
Shelley G. Broader, a non-employee director of Inspire Medical Systems (INSP), received 342 shares of common stock as an award under the company's director compensation program. The reported per-share value was $52.07, for a total value of $17,808. This was an award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (appears timely).
• Transaction type/code: Award (A) — shares received in lieu of cash fees.
• Shares received: 342 at $52.07 per share; total value reported $17,808.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — shares were issued in lieu of cash fees under the Company's Non-Employee Director Compensation Policy.
• No 10b5-1 plan, option exercise, sale, or tax-withholding event reported in this filing.

Context
Director awards like this are routine compensation for non-employee board members and are not the same signal as a director buying stock with personal funds. Such grants compensate board service and do not necessarily indicate the insider's view of the company’s near-term stock prospects.