Trade Summary

3 days ago, Smith Michael Alexander, serving as GC at Insmed Inc (INSM), sold 4,109 shares at $116.18 per share, for a total transaction value of $477,384.00. Following this transaction, Smith Michael Alexander now holds 47,762 shares of INSM.

This sale represents a 8.00% decrease in Smith Michael Alexander's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, May 13, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 15, 2026 at 4:07 PM ET, 2 days after the trade was made.

Insmed Inc operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.