Form 4: Insmed CFO Sara Bonstein Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Insmed's Chief Financial Officer, Sara Bonstein, sold shares of common stock to cover tax withholding obligations and broker fees related to the vesting of Restricted Stock Units.
Summary
- On May 13, 2025, Sara Bonstein, the Chief Financial Officer of Insmed Inc., sold 8,870 shares of Insmed's common stock at a price of $67.81 per share.
- Following this transaction, Ms. Bonstein directly owns 109,993 shares of Insmed's common stock.
- On May 14, 2025, Ms. Bonstein sold 1,634 shares of Insmed's common stock at a price of $65.61 per share.
- Following this transaction, Ms. Bonstein directly owns 108,359 shares of Insmed's common stock.
- The sales were executed to satisfy tax withholding obligations upon the vesting of Restricted Stock Units and to cover related broker fees.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock sales by an executive to cover tax obligations; it doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by company executives are a common occurrence, often related to compensation packages and personal financial planning; the details of the transactions are reported to the SEC.
Stakeholder Impact
- The stock sales could have a minor, temporary impact on the stock price, but are unlikely to significantly affect long-term shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Sara Bonstein sold 8,870 shares of Insmed common stock at $67.81 per share. |
| 05/14/2025 | Sara Bonstein sold 1,634 shares of Insmed common stock at $65.61 per share. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
Keywords
Insmed, Sara Bonstein, CFO, stock sale, Form 4, tax obligations, restricted stock units, INSM
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