INSM Insmed Incorporated

NASDAQ
$129.41

Insmed Incorporated (INSM) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal In line Selling ran in line with INSM's own trailing one-year pace, with 55% of sale value under a prearranged plan.
Cluster activity 0 buyers in the last 30 days 0 buyers in the last 90 days 6 sellers in the last 90 days
Insiders buying
0
0 transactions
Insiders selling
10
169 transactions
Purchases
$0
0 shares
Sales
$167.1M
1,097,136 shares
Net activity
-$167.1M
purchases less sales

How much of that selling was preplanned? 55% planned / 45% discretionary

10b5-1 plan sales $92.0M 123 transactions · 598,369 shares
Discretionary sales $75.1M 46 transactions · 498,767 shares

Largest single sale: $32.0M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

No open-market insider purchase on record.

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Brennan David R Director Sell 25,000 $124.00 $3.1M 39,238 −38.9% of holding
SHAROKY MELVIN MD Director Sell 5,000 $127.53 $637.7K None left
Adsett Roger Chief Operating Officer Sell 239,850 $133.27 $32.0M 98,744 −70.8% of holding
Flammer Martina M.D. 2 fills Chief Medical Officer Sell 10b5-1 27,173 $128.61 $3.5M 78,764 −25.7% of holding
Lewis William 2 fills Chair and CEO Sell 10b5-1 10,700 $106.06 $1.1M 264,930 −3.9% of holding
Lewis William 3 fills Chair and CEO Sell 10b5-1 10,699 $117.40 $1.3M 264,752 −3.9% of holding
Flammer Martina M.D. 2 fills Chief Medical Officer Sell 10b5-1 12,302 $109.98 $1.4M 67,934 −15.3% of holding
Lewis William 5 fills Chair and CEO Sell 10b5-1 21,398 $103.32 $2.2M 268,224 −7.4% of holding
Smith Michael Alexander Chief Legal Officer Sell 10b5-1 1,806 $95.82 $173.1K 37,648 −4.6% of holding
Lewis William Chair and CEO Sell 10b5-1 6,515 $94.03 $612.6K 258,917 −2.5% of holding
Flammer Martina M.D. Chief Medical Officer Sell 10b5-1 1,858 $103.78 $192.8K 60,486 −3% of holding
Lewis William Chair and CEO Sell 7,605 $102.27 $777.8K 265,432 −2.8% of holding
Flammer Martina M.D. Chief Medical Officer Sell 2,566 $102.27 $262.4K 62,344 −4% of holding
Bonstein Sara Chief Financial Officer Sell 2,404 $102.27 $245.9K 69,082 −3.4% of holding
Adsett Roger Chief Operating Officer Sell 2,370 $102.27 $242.4K 98,603 −2.3% of holding
Smith Michael Alexander Chief Legal Officer Sell 2,159 $102.27 $220.8K 39,454 −5.2% of holding
Smith Michael Alexander Chief Legal Officer Sell 10b5-1 6,149 $108.47 $667.0K 41,613 −12.9% of holding
Lewis William 3 fills Chair and CEO Sell 10b5-1 25,564 $106.33 $2.7M 292,848 −8% of holding
Flammer Martina M.D. Chief Medical Officer Sell 10b5-1 10,479 $117.54 $1.2M 64,910 −13.9% of holding
Lewis William Chair and CEO Sell 13,283 $116.18 $1.5M 287,902 −4.4% of holding
Bonstein Sara Chief Financial Officer Sell 8,272 $116.18 $961.0K 71,486 −10.4% of holding
Flammer Martina M.D. 2 fills Chief Medical Officer Sell 7,854 $114.23 $897.2K 78,773 −9.1% of holding
Adsett Roger Chief Operating Officer Sell 5,837 $116.18 $678.1K 100,973 −5.5% of holding
Smith Michael Alexander Chief Legal Officer Sell 4,109 $116.18 $477.4K 47,762 −7.9% of holding
Flammer Martina M.D. 2 fills Chief Medical Officer Sell 10b5-1 12,949 $100.40 $1.3M 84,073 −13.3% of holding
Lewis William 6 fills Chair and CEO Sell 10b5-1 10,699 $137.34 $1.5M 311,451 −3.3% of holding
Lewis William 4 fills Chair and CEO Sell 10b5-1 10,699 $143.97 $1.5M 309,638 −3.3% of holding
Lewis William 3 fills Chair and CEO Sell 10b5-1 10,699 $163.22 $1.7M 311,097 −3.3% of holding
Adsett Roger 3 fills Chief Operating Officer Sell 10b5-1 88,060 $164.63 $14.5M 188,155 −31.9% of holding
Smith Michael Alexander Chief Legal Officer Sell 10b5-1 19,638 $150.98 $3.0M 51,871 −27.5% of holding
Lewis William 3 fills Chair and CEO Sell 10b5-1 10,699 $143.52 $1.5M 310,255 −3.3% of holding
Lewis William 4 fills Chair and CEO Sell 10b5-1 10,699 $146.03 $1.6M 309,801 −3.3% of holding
Smith Michael Alexander 3 fills Chief Legal Officer Sell 10b5-1 24,774 $155.77 $3.9M 71,793 −25.7% of holding
Lewis William 5 fills Chair and CEO Sell 10b5-1 10,699 $150.97 $1.6M 309,896 −3.3% of holding
Lewis William 3 fills Chair and CEO Sell 10b5-1 13,396 $147.79 $2.0M 309,693 −4.1% of holding
Flammer Martina M.D. Chief Medical Officer Sell 10b5-1 869 $152.44 $132.5K 83,243 −1% of holding
Lewis William Chair and CEO Sell 3,009 $156.34 $470.4K 303,882 −1% of holding
Flammer Martina M.D. Chief Medical Officer Sell 795 $155.77 $123.8K 84,112 −0.9% of holding
Adsett Roger Chief Operating Officer Sell 791 $156.17 $123.5K 106,810 −0.7% of holding
Bonstein Sara Chief Financial Officer Sell 748 $156.34 $116.9K 79,758 −0.9% of holding
Smith Michael Alexander Chief Legal Officer Sell 640 $156.27 $100.0K 56,397 −1.1% of holding
Flammer Martina M.D. 5 fills Chief Medical Officer Sell 10b5-1 7,982 $154.59 $1.2M 92,326 −8% of holding
Lewis William 5 fills Chair and CEO Sell 10b5-1 10,699 $158.93 $1.7M 316,584 −3.3% of holding
Lewis William 7 fills Chair and CEO Sell 10b5-1 19,215 $169.00 $3.2M 322,132 −5.6% of holding
Flammer Martina M.D. Chief Medical Officer Sell 10b5-1 1,887 $186.19 $351.3K 84,907 −2.2% of holding
Flammer Martina M.D. Chief Medical Officer Sell 10b5-1 3,251 $174.17 $566.2K 86,794 −3.6% of holding
Lewis William Chair and CEO Sell 3,223 $174.17 $561.3K 315,407 −1% of holding
Adsett Roger Chief Operating Officer Sell 2,059 $174.17 $358.6K 107,601 −1.9% of holding
Flammer Martina M.D. Chief Medical Officer Sell 1,660 $173.87 $288.6K 90,045 −1.8% of holding
Bonstein Sara Chief Financial Officer Sell 1,447 $174.17 $252.0K 80,506 −1.8% of holding
Smith Michael Alexander Chief Legal Officer Sell 1,053 $174.17 $183.4K 57,037 −1.8% of holding
Lewis William Chair and CEO Sell 2,357 $175.07 $412.6K 318,630 −0.7% of holding
Bonstein Sara Chief Financial Officer Sell 1,678 $175.07 $293.8K 81,953 −2% of holding
Flammer Martina M.D. Chief Medical Officer Sell 1,434 $175.84 $252.2K 91,705 −1.5% of holding
Adsett Roger Chief Operating Officer Sell 802 $175.07 $140.4K 109,660 −0.7% of holding
Smith Michael Alexander Chief Legal Officer Sell 709 $175.07 $124.1K 58,090 −1.2% of holding
Flammer Martina M.D. 3 fills Chief Medical Officer Sell 10b5-1 8,570 $173.89 $1.5M 98,541 −8% of holding
Lewis William Chair and CEO Sell 4,096 $173.33 $710.0K 320,987 −1.3% of holding
Flammer Martina M.D. Chief Medical Officer Sell 1,615 $173.33 $279.9K 93,139 −1.7% of holding
Bonstein Sara Chief Financial Officer Sell 1,517 $173.33 $262.9K 83,631 −1.8% of holding
Adsett Roger Chief Operating Officer Sell 1,429 $173.33 $247.7K 110,462 −1.3% of holding
Smith Michael Alexander Chief Legal Officer Sell 1,396 $173.33 $242.0K 58,799 −2.3% of holding
Flammer Martina M.D. 7 fills Chief Medical Officer Sell 10b5-1 12,303 $171.38 $2.1M 104,258 −10.6% of holding
Schaeffer Orlov S Nicole 5 fills Chief People Strategy Officer Sell 10b5-1 87,290 $175.20 $15.3M 98,014 −47.1% of holding
Lewis William 10 fills Chair and CEO Sell 10b5-1 10,699 $166.97 $1.8M 314,260 −3.3% of holding
SHAROKY MELVIN MD Director Sell 20,000 $205.01 $4.1M 243,948 −7.6% of holding
Lewis William 4 fills Chair and CEO Sell 10b5-1 10,699 $205.62 $2.2M 310,094 −3.3% of holding
Flammer Martina M.D. 3 fills Chief Medical Officer Sell 10b5-1 8,895 $206.98 $1.8M 90,556 −8.9% of holding
ANDERSON ELIZABETH M Director Sell 5,000 $204.58 $1.0M 58,729 −7.8% of holding
LEE LEO 5 fills Director Sell 75,000 $195.90 $14.7M 126,465 −37.2% of holding
ANDERSON ELIZABETH M Director Sell 10,000 $195.87 $2.0M 63,729 −13.6% of holding
Schaeffer Orlov S Nicole 4 fills Chief People Strategy Officer Sell 30,000 $194.00 $5.8M 62,383 −32.5% of holding
Flammer Martina M.D. 4 fills Chief Medical Officer Sell 10b5-1 31,226 $189.68 $5.9M 108,870 −22.3% of holding
Smith Michael Alexander 8 fills Chief Legal Officer Sell 10b5-1 27,130 $183.78 $5.0M 80,690 −25.2% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.