Adsett Roger 4
Research Summary
AI-generated summary
INSMED (INSM) COO Roger Adsett Sells 2,370 Shares
What Happened
Roger Adsett, Chief Operating Officer of INSMED Inc. (INSM), disposed of 2,370 shares on 2026-06-03 at $102.27 per share, for a total value of $242,380. The filing reports the sale was to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs) and to cover related broker fees.
Key Details
- Transaction date: 2026-06-03; filing date: 2026-06-05 (filed within the 2-business-day window).
- Price per share: $102.27; shares sold: 2,370; total proceeds: $242,380.
- Transaction type: Sale (reported as open market or private sale; code S).
- Footnote: F1 — shares sold to satisfy tax withholding on RSU vesting and to cover broker fees.
- Shares owned after transaction: not specified in the information provided.
Context
This was a sale to satisfy tax withholding on vested RSUs—a common, administrative transaction that does not necessarily indicate a change in the insider’s view of the company. For retail investors, outright purchases by insiders typically carry more weight as signals than routine withholding sales.