INSULET CORP·4

Feb 26, 4:10 PM ET

Kapples John W. 4

Research Summary

AI-generated summary

Updated

Insulet (PODD) SVP John W. Kapples Receives Awards; 263 Shares Withheld

What Happened

  • John W. Kapples, Senior Vice President and General Counsel of Insulet Corp (PODD), received equity awards on Feb 24, 2026: 1,885 restricted stock units (RSUs) and a grant of 4,907 non‑qualified stock options. Both awards show an acquisition price of $0 (they are compensation grants).
  • On Feb 25, 2026, 263 shares were withheld (disposed) to cover tax withholding associated with RSU vesting at a reported price of $248.12 per share, totaling $65,256. This withholding is a routine tax payment rather than an open‑market sale.

Key Details

  • Transaction dates/prices:
    • 2026-02-24: Award of 1,885 RSUs (A) — $0 acquisition price (F1).
    • 2026-02-24: Grant of 4,907 non‑qualified stock options (derivative, A) — $0 acquisition price (F3).
    • 2026-02-25: 263 shares withheld for taxes (F) at $248.12/share; proceeds = $65,256 (F2).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Relevant footnotes:
    • F1: RSUs vest in roughly equal installments on each of the first three anniversaries and settle one‑for‑one in common shares.
    • F2: The 263‑share disposal represents withholding of vested RSU shares to cover tax obligations.
    • F3: Options vest in roughly equal installments over four years.
  • Filing/timeliness: Form filed Feb 26, 2026 for transactions on Feb 24–25, 2026 — appears timely.

Context

  • These actions are compensation-related grants (awards) rather than open‑market purchases or voluntary sales. The withheld shares reflect a tax withholding mechanism common when RSUs vest and do not necessarily signal a change in the insider’s view of the company.
  • The option grant is a future right to buy shares subject to vesting; it was granted, not exercised.