Budden Lauren 4

What Happened
Lauren Budden, Group VP, Chief Accounting Officer & Controller of Insulet (PODD), was granted equity awards on Feb 24, 2026: 611 restricted stock units (RSUs) and a derivative award of 1,591 shares (an annual non‑qualified stock option award). Both grants were awarded at $0.00 per share. On Feb 25, 2026, 55 shares were withheld/disposed at $248.12 each to satisfy tax withholding obligations, generating $13,647.

Key Details

• Transaction dates: Grants on 2026-02-24; withholding/disposition on 2026-02-25. Filing date: 2026-02-26.
• Grant amounts: 611 RSUs (award, $0.00) and 1,591 derivative shares (option award, $0.00).
• Tax withholding: 55 shares withheld/disposed at $248.12 for $13,647 to cover taxes related to RSU vesting (footnote F2).
• Vesting terms noted in filing: RSUs vest in roughly equal installments on each of the first, second and third anniversaries (F1). Options vest in roughly equal installments over four years (F3).
• Shares owned after the transaction: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 filed two days after the Feb 24 grants (no late filing flag indicated).

Context

• The 1,591 "derivative" grant is an option award (a grant of the right to buy shares in the future), not an immediate exercise or open‑market purchase.
• The 55‑share disposition was a routine tax withholding on RSU settlement, a common administrative step that does not necessarily indicate a personal investment decision.
• Awards are compensation; purchases (cash buys) generally carry more signal for bullish insider sentiment than routine grants or tax withholdings.