Flammer Martina M.D. 4
4 · INSMED Inc · Filed Jan 8, 2026
Insider Transaction Report
Form 4
INSMED IncINSM
Flammer Martina M.D.
Chief Medical Officer
Transactions
- Exercise/Conversion
Common Stock
2026-01-06$26.43/sh+8,570$226,505→ 103,324 total - Sale
Common Stock
2026-01-06$173.47/sh−4,783$829,707→ 98,541 total - Sale
Common Stock
2026-01-06$174.21/sh−2,830$493,014→ 95,711 total - Sale
Common Stock
2026-01-06$175.01/sh−957$167,485→ 94,754 total - Sale
Common Stock
2026-01-06$173.33/sh−1,615$279,928→ 93,139 total - Sale
Common Stock
2026-01-07$175.84/sh−1,434$252,155→ 91,705 total - Sale
Common Stock
2026-01-08$173.87/sh−1,660$288,624→ 90,045 total - Sale
Common Stock
2026-01-08$174.17/sh−3,251$566,227→ 86,794 total - Exercise/Conversion
Stock Option (right to buy)
2026-01-06−8,570→ 0 totalExercise: $26.43Exp: 2032-01-06→ Common Stock (8,570 underlying)
Footnotes (8)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on February 27, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]This is the weighted average sales price representing 4,783 shares sold at prices ranging from $172.89 to $173.87 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F3]This is the weighted average sales price representing 2,830 shares sold at prices ranging from $173.92 to $174.80 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F4]This is the weighted average sales price representing 957 shares sold at prices ranging from $174.97 to $175.12 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F5]Shares sold to satisfy tax withholding obligations upon the vesting of Restricted Stock Units and to cover related broker fees.
- [F6]This is the weighted average sales price representing 1,434 shares sold at prices ranging from $175.72 to $176.00 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F7]This is the weighted average sales price representing 1,660 shares sold at prices ranging from $173.87 to $173.90 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
- [F8]The options became exercisable based on the following vesting schedule: 25% vested on the first anniversary of the grant date and an additional 12.5% vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant.