Inspire Medical (INSP) CPO Melissa Mann Sells Shares to Cover Taxes

What Happened

• Melissa Mann, Chief People Officer at Inspire Medical Systems (INSP), had a total of 652 shares of common stock withheld to satisfy tax withholding on vested restricted stock units (RSUs). The filings show 326 shares withheld on 2025-07-31 at $124.54 per share (value ≈ $40,600) and 326 shares withheld on 2026-07-31 at $50.21 per share (value ≈ $16,368). These are dispositions recorded as tax withholdings (transaction code F), not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2025-07-31: 326 shares withheld @ $124.54 = $40,600 (disposed)
  • 2026-07-31: 326 shares withheld @ $50.21 = $16,368 (disposed)
• Combined value of withheld shares ≈ $56,968.
• Footnote: F1 — Shares were withheld by Inspire to cover the Reporting Person’s tax withholding obligation upon vesting of RSUs granted on July 31, 2024.
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Filing dated 2026-08-04; timeliness flag not provided in the supplied data.

Context

• These transactions reflect tax withholding (cashless share retention) on RSU vesting, a routine corporate payroll/tax action that reduces reported holdings but is not the same as an open-market sale indicating a change in insider view. For retail investors, tax-withholding dispositions are common and generally not a direct signal of bullish or bearish insider trading intent.