Form 4: Marilyn Nelson Executes Stock Option and Sells Shares of Inspire Medical Systems
SEC Form 4 Filing
Director Marilyn Nelson exercised stock options and sold shares of Inspire Medical Systems on April 29, 2024.
Summary
- On April 29, 2024, Marilyn Nelson, a director of Inspire Medical Systems, Inc., executed a stock option to purchase 1,175 shares of common stock at a price of $240.68 per share.
- Following the transaction, Nelson directly owns 35,620 shares of common stock.
- Nelson also indirectly owns 50,919 shares through GDN Holdings, LLC, where she is the managing member.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock option exercise and share sale, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transaction provides information to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of stock option execution and share sale. |
| 04/29/2031 | Expiration date of the stock option. |
| 05/01/2024 | Date of signature on the Form 4 filing. |
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