INSULET CORP·4

Feb 17, 5:24 PM ET

Cousin Laetitia 4

Research Summary

AI-generated summary

Updated

Insulet (PODD) SVP Laetitia Cousin Receives Award, Withholds Shares

What Happened

  • Laetitia Cousin, SVP, Regulatory, Quality & Compliance at Insulet (PODD), had 1,808 Performance Share Units (PSUs) settle into common stock on 2026-02-12 (one-for-one). Simultaneously, 564 of those shares were withheld to satisfy tax obligations at a per-share value of $240.82, representing approximately $135,822. The award is not a market purchase — it’s compensation vesting rather than a directional buy or sell.

Key Details

  • Transaction dates: 2026-02-12 (PSU settlement and tax withholding); Form 4 filed 2026-02-17 (filed 5 days after the transaction).
  • Award: 1,808 shares issued upon satisfaction of PSU performance criteria (settled 1:1) — coded A (award/grant).
  • Withholding: 564 shares withheld to cover tax liability at $240.82/share = $135,822 — coded F (tax withholding/payment).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — PSUs settled into common stock one-for-one. F2 — the 564-share transaction reflects withholding to cover taxes.
  • Timeliness: Filing appears delayed (filed 2026-02-17 for a 2026-02-12 transaction); Form 4s are generally due within 2 business days, so this may be late.

Context

  • This was a compensation-related issuance (PSU vesting) with routine tax-withholding, not an open-market sale or purchase. Withholding of shares to satisfy taxes is common and does not necessarily indicate the insider’s view on the company’s stock.