Inspire Medical Systems, Inc.·4

May 4, 6:20 PM ET

Broader Shelley G 4

4 · Inspire Medical Systems, Inc. · Filed May 4, 2026

Research Summary

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Inspire Medical (INSP) Director Shelley G. Broader Receives Award

What Happened

  • Shelley G. Broader, a director of Inspire Medical Systems, received a grant of 3,562 restricted stock units (RSUs) on April 30, 2026. The reported acquisition price is $0.00 (grant), so no cash was paid at grant. The Form 4 reports the award as an A (award/grant) transaction.

Key Details

  • Transaction date: 2026-04-30; Filing date/accession: 2026-05-04.
  • Grant: 3,562 RSUs; reported price per unit: $0.00 (non-cash award).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: F1 — Each RSU represents a contingent right to one share. Vesting occurs on the earlier of (a) the first anniversary of the grant or (b) immediately prior to a Change of Control, subject to continued service.
  • Timeliness: The filing was dated 2026-05-04 for a 2026-04-30 grant (outside the typical 2-business-day Section 16 filing window).

Context

  • RSU grants are a form of compensation, not an open-market purchase or sale; they don't represent immediate transferable shares until vested and settled. Such awards are common for directors and are generally intended for retention or alignment with shareholders rather than immediate trading signals.

Insider Transaction Report

Form 4
Period: 2026-04-30
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-30+3,5628,471 total
Footnotes (1)
  • [F1]Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs shall vest upon the earlier to occur of (a) the first anniversary of the date of grant or (b) the date that is immediately prior to the occurrence of a Change of Control (as defined in the Issuer's 2018 Incentive Award Plan), in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
Signature
/s/ Bryan Phillips, Attorney-in-Fact for Shelley G. Broader|2026-05-04

Documents

1 file
  • 4
    tm2613528-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT