Filing Details

Accession Number:
0001628280-25-006807
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-02-20 16:52:41
Reporting Period:
2025-02-18
Filing Date:
2025-02-20
Accepted Time:
2025-02-20 16:52:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1104506 Insmed Inc INSM Pharmaceutical Preparations (2834) 541972729
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1402051 William Lewis 700 Us Highway 202/206
Bridgewater NJ 08807
Chair And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-02-18 18,750 $22.76 352,936 No 4 M Direct
Common Stock Disposition 2025-02-18 1,253 $79.95 351,683 No 4 S Direct
Common Stock Disposition 2025-02-18 16,743 $81.08 334,940 No 4 S Direct
Common Stock Disposition 2025-02-18 754 $81.67 334,186 No 4 S Direct
Common Stock Acquisiton 2025-02-18 6,830 $10.85 240,754 No 4 M Indirect By the Katie Procter Dynasty Trust
Common Stock Disposition 2025-02-18 456 $80.00 240,298 No 4 S Indirect By the Katie Procter Dynasty Trust
Common Stock Disposition 2025-02-18 6,074 $81.07 234,224 No 4 S Indirect By the Katie Procter Dynasty Trust
Common Stock Disposition 2025-02-18 300 $81.81 233,924 No 4 S Indirect By the Katie Procter Dynasty Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Indirect By the Katie Procter Dynasty Trust
No 4 S Indirect By the Katie Procter Dynasty Trust
No 4 S Indirect By the Katie Procter Dynasty Trust
No 4 S Indirect By the Katie Procter Dynasty Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2025-02-18 18,750 $0.00 18,750 $22.76
Common Stock Stock Option (right to buy) Disposition 2025-02-18 6,830 $0.00 6,830 $10.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,500 2025-05-21 No 4 M Direct
204,970 2026-05-19 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 50,500 Indirect By the William Lewis Family Legacy Trust
Footnotes
  1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. Since the date of the last ownership report for the Reporting Person, he transferred 92,155 shares of Company common stock, employee stock options to purchase 1,064,717 shares of Company common stock, and restricted stock units covering 27,553 shares of Company common stock to his ex-spouse pursuant to a mutually agreed divorce settlement approved by a court that qualifies as a domestic relations order. A domestic relations order is a court order that dictates how assets should be divided between spouses during a divorce, including securities in the Company. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-spouse.
  3. This is the weighted average sales price representing 1,253 shares sold at prices ranging from $79.50 to $80.35 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.
  4. This is the weighted average sales price representing 16,743 shares sold at prices ranging from $80.50 to $81.43 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.
  5. This is the weighted average sales price representing 754 shares sold at prices ranging from $81.56 to $81.78 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.
  6. This is the weighted average sales price representing 456 shares sold at prices ranging from $79.50 to $80.34 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.
  7. This is the weighted average sales price representing 6,074 shares sold at prices ranging from $80.51 to $81.42 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.
  8. This is the weighted average sales price representing 300 shares sold at prices ranging from $81.69 to $82.01 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.
  9. The options became exercisable based on the following vesting schedule: 25% vested on the first anniversary of the grant date and an additional 12.5% vested on each sixth month anniversary date thereafter through the fourth anniversary of the date of grant. All options are currently exercisable.