Wright Mary E 4

What Happened
Mary E. Wright, VP and Chief Accounting Officer of Inogen (INGN), had multiple equity events that vested/converted into shares and completed an ESPP purchase. The filing shows 18,357 shares acquired (including vested/converted restricted stock units and a 1,500-share Employee Stock Purchase Plan purchase at $6.10 for $9,150) and 10,914 shares disposed in connection with withholding/settlement, leaving a net increase of 7,443 shares. Tax-withheld shares totaled 3,408 shares sold at $6.10 per share, generating about $20,790.

Key Details

• Transaction dates: grants/vesting and conversions on Feb 27, 2026 and March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
• Prices and values: ESPP purchase — 1,500 shares at $6.10 = $9,150. Withheld shares for taxes — 3,408 shares at $6.10 ≈ $20,790. Many RSU conversions/exercises reported at $0 (typical for vested RSUs).
• Aggregate movement: 18,357 shares acquired (includes an 8,000-share performance RSU grant) and 10,914 shares disposed; net change +7,443 shares.
• Notable footnotes:
  • F1: ESPP purchase shares were acquired through the Company’s ESPP.
  • F2 & F4: Certain shares were withheld to satisfy tax withholding on vesting.
  • F3 & F7: The 8,000 performance-based RSUs were earned/vested (performance condition met) and fully vested on March 1, 2026.
  • F5: Each RSU converts to one share. F6/F8/F9 describe remaining/time-based vesting schedules for other awards.
• Shares owned after transaction: not reported in the supplied data.

Context
Most of these transactions are vesting/conversion of restricted stock units (derivative conversions reported at $0) and the routine ESPP purchase. Several converted RSUs were either settled into shares or immediately withheld/surrendered to cover tax obligations (a common, administrative “cashless” settlement). These filings document issuance/settlement and tax withholding rather than open-market market sales by the insider.