Form 4: Insuleet Corp Executive Mark N. Field Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Mark N. Field, SVP & Chief Technology Officer of Insulet Corp, reports disposing of 368 shares of common stock to cover tax obligations related to vesting restricted stock units on February 27, 2025.
Summary
- On February 27, 2025, Mark N. Field, SVP & Chief Technology Officer of Insulet Corp, disposed of 368 shares of common stock.
- The disposal was to cover tax obligations associated with the vesting of restricted stock units.
- The transaction was executed at a price of $267.09 per share.
- Following the transaction, Field directly owns 13,547 shares of Insulet Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock-based compensation. It reflects the standard practice of selling shares to cover tax liabilities upon vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock disposal transaction. |
| 02/28/2025 | Date of signature by attorney-in-fact. |
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