Butera Samuele 4

4 · INSMED Inc · Filed Jun 24, 2026

AI-generated summary of this filing

Updated Jun 24, 2026

INSMED SVP Samuele Butera Receives RSUs and Stock Options

What Happened

Samuele Butera, Senior Vice President & GM, Global Respiratory at INSMED (INSM), received equity awards on June 23, 2026. The filing reports 7,342 restricted stock units (RSUs) and 12,570 derivative equity awards (stock options/other contingent awards), all granted as compensation and issued for no cash consideration. No shares were sold — these are grants, not open-market purchases or sales.

Key Details

Transaction date: 2026-06-23; SEC filing date: 2026-06-24 (timely).
Awards: 7,342 RSUs and 12,570 derivative equity awards; reported acquisition price: $0.00 (granted for no consideration).
Vesting (per footnotes): RSUs vest 25% on the first anniversary of the grant and 25% on each subsequent anniversary until fully vested. Stock options vest 25% at the Initial Vesting Date, then 12.5% every six months thereafter until fully vested.
Shares owned after the transaction: not specified in the provided filing details.
No 10b5-1 plan, tax-withholding sale, or late filing noted in the provided information.

Context

RSUs convert to common stock as they vest; they are compensation, not immediate cash. Stock options (derivative awards) give the right to buy shares according to the stated vesting schedule and do not represent exercised or sold shares at grant.
Grants to executives are common as retention and incentive compensation and do not by themselves indicate an insider buying or selling shares on the open market.

Form 4

Period: 2026-06-23

SVP, GM, Global Respiratory

Transactions

Award
Common Stock
[F1][F2]
2026-06-23+7,342→ 7,342 total
Award
Stock Option (right to buy)
[F3]
2026-06-23+12,570→ 12,570 total
Exercise: $102.15Exp: 2036-06-23→ Common Stock (12,570 underlying)

Footnotes (3)

[F1]Represents Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Common Stock, granted pursuant to the Company's Amended and Restated 2019 Incentive Plan, as amended. The RSUs vest as follows: 25% on the first day of the first month following the first anniversary of the date of grant (the Initial Vesting Date) and 25% on each anniversary of the Initial Vesting Date until fully vested.
[F2]Each RSU was granted on June 23, 2026, for no consideration.
[F3]These stock options were granted under the Company's Amended and Restated 2019 Incentive Plan, as amended. The options become exercisable based on the following vesting schedule: 25% vest on the Initial Vesting Date and an additional 12.5% vest every six months thereafter until fully vested.

Signature

/s/ Samuele Butera, by Michael A. Smith as Attorney-in-fact|2026-06-24

1 file