Form 4: Marilyn Nelson Exercises Stock Options in Inspire Medical Systems

Director Marilyn Nelson exercised stock options and acquired shares of Inspire Medical Systems, Inc. on March 1, 2024.

Summary

• On March 1, 2024, Marilyn Nelson, a director of Inspire Medical Systems, Inc., exercised stock options to acquire 2,555 shares of common stock at a price of $0.94 per share.
• Following the transaction, Ms. Nelson directly owns 27,822 shares of common stock.
• Ms. Nelson also indirectly owns 50,919 shares through GDN Holdings, LLC, where she is the managing member.
• The exercised stock options were fully vested and exercisable as of March 1, 2024, with an original expiration date of April 1, 2027.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The exercise of options could be seen as a positive, but it's not a major event.

Positives

• The exercise of stock options by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the actions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates