Smith Michael Alexander's Form 4 filing
INSMED Inc (INSM) · filed Sep 4, 2025
- Accession no.
- 0001870278-25-000009
- Filed
- Sep 4, 2025
- Trade date
- Sep 2, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 7 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.49M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Smith Michael AlexanderCIK 0001870278 | Officer (Chief Legal Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 2, 2025 | Common Stock | MOption exerciseAcquired | +12,780 | $30.46 | +$389,278.8 | 79,174 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −1,354 | $141.16F2 | −$191,130.64 | 77,820 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −1,100 | $142.06F3 | −$156,266 | 76,720 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −7,391 | $143.16F4 | −$1,058,095.56 | 69,329 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −8,300 | $144.16F5 | −$1,196,528 | 61,029 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −4,944 | $145.18F6 | −$717,769.92 | 56,085 | Direct | |
| Sep 2, 2025 | Common Stock | SSaleDisposed | −1,183 | $145.89F7 | −$172,587.87 | 54,902 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 2, 2025 | Common Stock | MOption exerciseDisposed | −12,780 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This is the weighted average sales price representing 1,354 shares sold at prices ranging from $140.58 to $141.50 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
- F3
This is the weighted average sales price representing 1,100 shares sold at prices ranging from $141.58 to $142.55 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
- F4
This is the weighted average sales price representing 7,391 shares sold at prices ranging from $142.70 to $143.63 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
- F5
This is the weighted average sales price representing 8,300 shares sold at prices ranging from $143.72 to $144.71 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
- F6
This is the weighted average sales price representing 4,944 shares sold at prices ranging from $144.72 to $145.57 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
- F7
This is the weighted average sales price representing 1,183 shares sold at prices ranging from $145.75 to $146.04 per share. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit List - Exhibit 24 - Power of Attorney