Form 4: Insulet Corp Executive Prem Singh Reports Share Withholding for Tax Obligations

Prem Singh, SVP of Global Operations at Insulet Corp, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units and an acquisition of shares through the employee stock purchase plan.

Summary

• On January 10, 2025, Prem Singh, SVP of Global Operations at Insulet Corp, had 336 shares of common stock withheld to cover tax obligations related to the vesting of restricted stock units.
• The price per share for the withholding was $271.83.
• Following the transaction, Singh directly owns 3,373 shares of Insulet Corp common stock.
• Singh also acquired 53 shares under the Insulet Corporation Employee Stock Purchase Plan since the last Section 16 filing.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a transaction related to tax obligations and employee stock purchase plan.

Positives

• The reporting person increased their holdings through the Employee Stock Purchase Plan.

Industry Context

This is a standard Form 4 filing, reflecting changes in beneficial ownership by a company insider. These filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership by an executive.

Key Dates