INSULET CORP·4

Feb 17, 5:22 PM ET

Benjamin Eric 4

Research Summary

AI-generated summary

Updated

Insulet EVP/COO Benjamin Eric Receives 7,236-Share Award; 2,887 Withheld

What Happened

  • Benjamin Eric, EVP and COO of Insulet Corp (PODD), received 7,236 shares on Feb 12, 2026 upon settlement of performance share units (PSUs). Those PSUs converted to common stock on a one-for-one basis.
  • To cover tax obligations, 2,887 shares were withheld (disposed) at a reported value of $240.82 per share, totaling $695,247. The award itself shows an acquisition price of $0.00 (compensation award).

Key Details

  • Transaction date: 2026-02-12.
  • Award: 7,236 shares issued (code A) at $0.00 (PSU settlement).
  • Tax withholding: 2,887 shares withheld (code F) at $240.82 each; total value withheld = $695,247.
  • Footnotes: F1 = PSUs settled in shares on a one-for-one basis. F2 = Shares were withheld upon vesting to cover tax liabilities.
  • Shares owned after the transaction: not disclosed in the provided filing.
  • Filing date: 2026-02-17. This filing appears to be timely (filed within the SEC’s required period).

Context

  • This was a routine compensation event (PSU vesting) — not an open-market purchase or sale reflecting a directional bet. The withholding of shares to cover taxes is a common, automatic procedure (a form of cashless settlement).
  • For retail investors, awards and withholding show executive compensation being realized but do not necessarily signal insider sentiment about the company’s near-term stock direction.