Trade Summary

3 days ago, Smith Michael Alexander, serving as Chief Legal Officer at INSMED Inc (INSM), sold 2,159 shares at $102.27 per share, for a total transaction value of $220,800.93. Following this transaction, Smith Michael Alexander now holds 39,454 shares of INSM.

This sale represents a 5.19% 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, June 3, 2026 and publicly disclosed via SEC Form 4 filing on Friday, June 5, 2026 at 4:14 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.