Form 4: Inspire Medical Systems Executive Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Bryan K. Phillips, a Senior Vice President at Inspire Medical Systems, reports the acquisition of shares from vested performance stock units and shares withheld for tax obligations.
Summary
- On February 24, 2025, Bryan K. Phillips, Senior Vice President at Inspire Medical Systems, acquired 6,152 shares of common stock due to the vesting of performance stock units.
- On the same day, 2,206 shares were withheld by Inspire Medical Systems to cover taxes related to the vesting of the performance stock unit award at a price of $186.45.
- Following these transactions, Phillips directly owns 13,236 shares of Inspire Medical Systems common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- The tax withholding impacts the executive's personal finances.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock award and tax withholding. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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