Frederick Wayne A.I. 4

What Happened
Frederick Wayne, a non-employee director of Insulet Corporation (PODD), was granted 1,660 restricted stock units (RSUs) on 2026-05-20. The award was reported as an A (award/grant) at $0.00 per unit (typical for RSU grants); reported total acquisition value is $0 because the units represent future share settlement rather than a cash purchase.

Key Details

• Transaction date: 2026-05-20 (Form 4 filed 2026-05-21 — timely filing).
• Grant: 1,660 RSUs, reported price $0.00, code A (award/grant).
• Vesting/settlement: RSUs vest in full on April 30, 2027 and convert one-for-one into shares of common stock.
• Deferral: Reporting person elected to defer settlement under Insulet’s Deferred Compensation Plan for Non-Employee Directors; shares will be issued per that deferral election following termination of the director’s service.
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication of a 10b5-1 plan, sale, exercise, or tax-withholding on this grant in the provided notes.

Context
RSU grants to non-employee directors are routine compensation and do not involve an immediate cash purchase or sale. Because settlement is deferred until after vesting and the director’s termination (per the deferral election), there is no immediate share issuance that would affect the market. The grant’s future economic value will depend on Insulet’s share price at vesting and settlement.