mcCormick Shawn 4

What Happened
Shawn McCormick, a director of Inspire Medical Systems, sold 696 shares in an open-market transaction on May 8, 2026. The shares were sold at $45.31 each for a total of approximately $31,536. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-11, Accession 0001104659-26-058634)
• Transaction type/code: Open-market sale (S)
• Price per share: $45.31
• Shares sold: 696
• Transaction value: ~$31,536
• Shares owned after transaction: Not specified in the provided filing
• Footnote: All sales were made pursuant to a Rule 10b5-1 trading plan dated August 29, 2025
• Timeliness: Filing appears timely (transaction 5/8/2026; Form 4 filed 5/11/2026)

Context
Sales executed under a pre-established Rule 10b5-1 plan are typically scheduled in advance and do not necessarily indicate the insider’s current view of the company. The sale amount here is modest relative to typical executive trades; retail investors should view this as routine insider activity rather than a clear signal of company performance.