Singh Prem 4

What Happened Prem Singh, Senior Vice President, Global Operations at Insulet (PODD), received 2,532 shares on 2026-02-12 upon settlement of performance share units (PSUs). On the same date 861 shares were withheld to satisfy tax withholding obligations; those withheld shares were recorded at $240.82 each, totaling $207,346. The 2,532-share award was settled one-for-one from PSUs and listed as an acquisition (code A); the withholding is reported as a disposition (code F).

Key Details

• Transaction date: February 12, 2026. Form filed: February 17, 2026 (appears to be filed 5 days after the transaction).
• Award: 2,532 shares issued upon satisfaction of PSU performance criteria (settled one-for-one). Recorded price: $0.00 on the Form for the award line.
• Withholding: 861 shares withheld to cover taxes at $240.82 per share = $207,346 (reported as code F).
• Shares acquired since last Section 16 filing include 31 shares from the Insulet Stock Purchase Plan (per footnote).
• Shares owned after the transaction: not specified in the filing.
• Transaction codes: A = Award/Grant; F = Tax withholding (shares disposed to cover taxes).

Context This was a routine PSU settlement with shares withheld to meet tax obligations (a common, administrative disposition), not an open-market sale or purchase. The PSU settlement increases reported holdings while the withheld shares reduce the net new shares delivered. The filing date is several days after the transaction date, which appears late relative to the standard 2-business-day Form 4 reporting requirement.