Kapples John W. 4

What Happened

• John W. Kapples, Senior Vice President and General Counsel of Insulet Corp (PODD), had 5,246 shares issued to him on 2026-02-12 upon the vesting/satisfaction of performance share units (PSUs). Simultaneously, 1,929 shares were withheld to satisfy associated tax obligations; those withheld shares have a reported value of $240.82 per share, totaling $464,542.
• The award is an issuance/settlement of PSUs (transaction code A) and the withholding is for taxes (transaction code F). The award was settled one-for-one in common stock per the filing footnote.

Key Details

• Transaction date: 2026-02-12. Filing date: 2026-02-17 (filed 5 days after the transaction; this may exceed the usual two-business-day Form 4 reporting window).
• Award: 5,246 shares issued (price reported as $0.00 because these were PSUs settled into stock).
• Tax withholding: 1,929 shares withheld at $240.82/sh, total value withheld ≈ $464,542.
• Shares owned after the transaction: not disclosed in the provided summary.
• Footnotes: F1 — PSUs settled one-for-one into common stock. F2 — Shares were withheld upon vesting to cover tax obligations (not an open-market sale).

Context

• This was not an open-market sale or purchase by the insider: it reflects the vesting/settlement of performance awards and the company withholding shares to cover taxes (a common administrative action).
• Such withholding transactions are routine and primarily tax-driven; they do not necessarily indicate the insider is buying or selling stock for investment reasons.