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INSMED Inc — Director's Dealing 2025
Nov 14, 2025
30150_dirs_2025-11-14_ccc9fa41-fdf1-428e-9a3a-6f2362ff0c0a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INSMED Inc (INSM)
CIK: 0001104506
Period of Report: 2025-11-12
Reporting Person: Schaeffer Orlov S Nicole (Chief People Strategy Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-11-12 | Common Stock | M | 30000 | $26.46 | Acquired | 66461 | Direct |
| 2025-11-12 | Common Stock | S | 4078 | $192.45 | Disposed | 62383 | Direct |
| 2025-11-12 | Common Stock | S | 6575 | $193.64 | Disposed | 55808 | Direct |
| 2025-11-12 | Common Stock | S | 19183 | $194.44 | Disposed | 36625 | Direct |
| 2025-11-12 | Common Stock | S | 164 | $195.88 | Disposed | 36461 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-12 | Stock Option (right to buy) | $26.46 | M | 30000 | Disposed | 2031-05-12 | Common Stock (30000) | Direct |
Footnotes
F1: This is the weighted average sales price representing 4,078 shares sold at prices ranging from $192.00 to $192.95 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.
F2: This is the weighted average sales price representing 6,575 shares sold at prices ranging from $193.02 to $194.01 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.
F3: This is the weighted average sales price representing 19,183 shares sold at prices ranging from $194.02 to $194.95 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.
F4: This is the weighted average sales price representing 164 shares sold at prices ranging from $195.42 to $195.96 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.
F5: 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.