Ramade Gregoire 4

What Happened

• Ramade Gregoire, Chief Commercial Officer of Inogen (INGN), converted derivative awards into 13,005 common shares (reported as "exercise or conversion of derivative") and had 6,022 shares withheld to cover tax withholding, a reported $36,734 value. The filing also reports a grant/award of 20,000 restricted stock units (RSUs) on Feb 27, 2026. These transactions reflect vesting/conversion activity rather than an open-market buy or sell.

Key Details

• Transaction dates: RSU grant 2026-02-27; conversions/exercises and withholding 2026-03-01.
• Reported prices: conversion/exercise reported at $0.00 (derivative conversion); 6,022 shares withheld at $6.10 each for tax withholding (total $36,734).
• Net immediate shares received (per filing): 13,005 shares acquired via conversion less 6,022 shares withheld = +6,983 shares net added to Gregoire’s holdings (based on the reported entries).
• Grant detail: 20,000 RSUs reported as granted on 2026-02-27; each RSU represents a contingent right to one share (footnote).
• Vesting schedule noted: 1/3 of the RSUs vested on March 1, 2026; thereafter 1/3 vests annually on the same date, subject to continued service (footnotes F3–F4).
• Tax withholding: The 6,022 shares were withheld to satisfy the reporting person’s tax withholding liability in connection with vested time-based RSUs (footnote F1).
• Filing timeliness: Form 4 was filed 2026-03-03 for transactions on 2/27 and 3/01; this appears to be timely (Form 4s are due within two business days of the reportable transaction).

Context

• These entries reflect typical executive equity vesting and conversion of RSUs (derivative conversion) rather than a purchase or open-market sale. The withholding of shares to cover taxes is routine and does not necessarily indicate a change in the insider’s view of the company. The reported "exercise/conversion" means derivative awards were converted into common shares; no immediate open-market sale of the remaining shares was reported in this filing.