INSM
Insmed Incorporated
Insmed Incorporated insider trading
Insmed Incorporated files with the SEC as a Pharmaceutical Preparations company headquartered in Bridgewater, NJ. Every time one of its executives or directors buys or sells the stock, the filing appears here the moment it reaches the SEC — with grants and option exercises set apart from the trades that cost the insider their own money.
From SEC filings
Recent INSM insider transactions
7 insiders traded INSM on the open market between Jun 03, 2026 and Sep 09, 2026 — 24 sales worth $47.6M, of which 17 were pre-scheduled under a 10b5-1 plan.
- Bought
- —
- Sold
- $47.6M
- Net
- −$47.6M
- Insiders
- 7
17 of 24 on a 10b5-1 plan
Brennan David R
Director
−$3.1M
Sep 09, 2026
25,000 sh · $124.00
Sharoky Melvin MD
Director
−$637.7K
Aug 17, 2026
5,000 sh · $127.53
Adsett Roger
Chief Operating Officer
−$32M
Aug 10, 2026
239,850 sh · $133.27
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$1.1M
Aug 06, 2026
8,895 sh · $127.00
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$2.4M
Aug 06, 2026
18,278 sh · $129.40
Lewis William10b5-1
Chair and CEO · Director
−$509.9K
Jul 23, 2026
4,828 sh · $105.62
Lewis William10b5-1
Chair and CEO · Director
−$625K
Jul 23, 2026
5,872 sh · $106.43
Lewis William10b5-1
Chair and CEO · Director
−$583.3K
Jul 09, 2026
5,005 sh · $116.55
Lewis William10b5-1
Chair and CEO · Director
−$274.6K
Jul 09, 2026
2,335 sh · $117.62
Lewis William10b5-1
Chair and CEO · Director
−$398.1K
Jul 09, 2026
3,359 sh · $118.52
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$529.2K
Jul 06, 2026
4,854 sh · $109.02
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$823.7K
Jul 06, 2026
7,448 sh · $110.60
Lewis William10b5-1
Chair and CEO · Director
−$1.2M
Jun 25, 2026
12,091 sh · $102.34
Lewis William10b5-1
Chair and CEO · Director
−$189.3K
Jun 25, 2026
1,836 sh · $103.10
Lewis William10b5-1
Chair and CEO · Director
−$388.2K
Jun 25, 2026
3,723 sh · $104.28
Lewis William10b5-1
Chair and CEO · Director
−$258.5K
Jun 25, 2026
2,456 sh · $105.27
Lewis William10b5-1
Chair and CEO · Director
−$137.3K
Jun 25, 2026
1,292 sh · $106.27
Smith Michael Alexander10b5-1
Chief Legal Officer
−$173.1K
Jun 22, 2026
1,806 sh · $95.82
Lewis William10b5-1
Chair and CEO · Director
−$612.6K
Jun 08, 2026
6,515 sh · $94.03
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$192.8K
Jun 05, 2026
1,858 sh · $103.78
Adsett Roger
Chief Operating Officer
−$242.4K
Jun 03, 2026
2,370 sh · $102.27
Bonstein Sara
Chief Financial Officer
−$245.9K
Jun 03, 2026
2,404 sh · $102.27
Smith Michael Alexander
Chief Legal Officer
−$220.8K
Jun 03, 2026
2,159 sh · $102.27
Lewis William
Chair and CEO · Director
−$777.8K
Jun 03, 2026
7,605 sh · $102.27
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Sep 09, 2026 | Brennan David RDirector | 25,000 | $124.00 | −$3.1M |
| Aug 17, 2026 | Sharoky Melvin MDDirector | 5,000 | $127.53 | −$637.7K |
| Aug 10, 2026 | Adsett RogerChief Operating Officer | 239,850 | $133.27 | −$32M |
| Aug 06, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 8,895 | $127.00 | −$1.1M |
| Aug 06, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 18,278 | $129.40 | −$2.4M |
| Jul 23, 2026 | Lewis William10b5-1Chair and CEO · Director | 4,828 | $105.62 | −$509.9K |
| Jul 23, 2026 | Lewis William10b5-1Chair and CEO · Director | 5,872 | $106.43 | −$625K |
| Jul 09, 2026 | Lewis William10b5-1Chair and CEO · Director | 5,005 | $116.55 | −$583.3K |
| Jul 09, 2026 | Lewis William10b5-1Chair and CEO · Director | 2,335 | $117.62 | −$274.6K |
| Jul 09, 2026 | Lewis William10b5-1Chair and CEO · Director | 3,359 | $118.52 | −$398.1K |
| Jul 06, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 4,854 | $109.02 | −$529.2K |
| Jul 06, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 7,448 | $110.60 | −$823.7K |
| Jun 25, 2026 | Lewis William10b5-1Chair and CEO · Director | 12,091 | $102.34 | −$1.2M |
| Jun 25, 2026 | Lewis William10b5-1Chair and CEO · Director | 1,836 | $103.10 | −$189.3K |
| Jun 25, 2026 | Lewis William10b5-1Chair and CEO · Director | 3,723 | $104.28 | −$388.2K |
| Jun 25, 2026 | Lewis William10b5-1Chair and CEO · Director | 2,456 | $105.27 | −$258.5K |
| Jun 25, 2026 | Lewis William10b5-1Chair and CEO · Director | 1,292 | $106.27 | −$137.3K |
| Jun 22, 2026 | Smith Michael Alexander10b5-1Chief Legal Officer | 1,806 | $95.82 | −$173.1K |
| Jun 08, 2026 | Lewis William10b5-1Chair and CEO · Director | 6,515 | $94.03 | −$612.6K |
| Jun 05, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 1,858 | $103.78 | −$192.8K |
| Jun 03, 2026 | Adsett RogerChief Operating Officer | 2,370 | $102.27 | −$242.4K |
| Jun 03, 2026 | Bonstein SaraChief Financial Officer | 2,404 | $102.27 | −$245.9K |
| Jun 03, 2026 | Smith Michael AlexanderChief Legal Officer | 2,159 | $102.27 | −$220.8K |
| Jun 03, 2026 | Lewis WilliamChair and CEO · Director | 7,605 | $102.27 | −$777.8K |
SEC Form 4 data, Q3 2024 to Q2 2026
INSM insider trading by quarter
Between Jul 01, 2024 and Jun 30, 2026, 12 insiders traded INSM on the open market: 2 purchases worth $201.7K and 380 sales worth $326.7M, 296 of the sales pre-scheduled under a 10b5-1 plan. In the last four quarters alone: 0 purchases and 200 sales ($189.8M), by 9 insiders.
| Quarter | Bought | Sold | Insiders |
|---|---|---|---|
| Q2 2026 | — | −$34.7M42 sales · 34 on a plan | |
| Q1 2026 | — | −$45.2M74 sales · 58 on a plan | |
| Q4 2025 | — | −$44.3M41 sales · 29 on a plan | |
| Q3 2025 | — | −$65.6M43 sales · 35 on a plan | |
| Q2 2025 | +$201.7K2 buys | −$54.6M70 sales · 52 on a plan | |
| Q1 2025 | — | −$53M87 sales · 68 on a plan | |
| Q4 2024 | — | −$3.7M10 sales · all on a plan | |
| Q3 2024 | — | −$25.6M13 sales · 10 on a plan |
- Largest purchase
- +$126.7K of INSM by Desjardins Clarissa (Director) on May 20, 2025.
- Largest sale
- −$10.3M of INSM by Adsett Roger (Chief Operating Officer) on Apr 01, 2026, under a 10b5-1 plan.
Open-market transactions through Jun 30, 2026most recent first
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$262.4K
Jun 03, 2026
2,566 sh · $102.27
Smith Michael Alexander10b5-1
Chief Legal Officer
−$667K
May 22, 2026
6,149 sh · $108.47
Lewis William10b5-1
Chair and CEO · Director
−$1.3M
May 18, 2026
11,836 sh · $106.39
Lewis William10b5-1
Chair and CEO · Director
−$853.1K
May 18, 2026
7,975 sh · $106.97
Lewis William10b5-1
Chair and CEO · Director
−$605.9K
May 18, 2026
5,753 sh · $105.32
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$1.2M
May 14, 2026
10,479 sh · $117.54
Lewis William
Chair and CEO · Director
−$1.5M
May 13, 2026
13,283 sh · $116.18
Bonstein Sara
Chief Financial Officer
−$961K
May 13, 2026
8,272 sh · $116.18
Adsett Roger
Chief Operating Officer
−$678.1K
May 13, 2026
5,837 sh · $116.18
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$504K
May 13, 2026
4,470 sh · $112.76
Smith Michael Alexander
Chief Legal Officer
−$477.4K
May 13, 2026
4,109 sh · $116.18
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$393.2K
May 13, 2026
3,384 sh · $116.18
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$1.2M
May 11, 2026
12,119 sh · $100.35
Flammer Martina M.D.10b5-1
Chief Medical Officer
−$84K
May 11, 2026
830 sh · $101.18
Lewis William10b5-1
Chair and CEO · Director
−$728.6K
May 04, 2026
5,318 sh · $137.01
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Jun 03, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 2,566 | $102.27 | −$262.4K |
| May 22, 2026 | Smith Michael Alexander10b5-1Chief Legal Officer | 6,149 | $108.47 | −$667K |
| May 18, 2026 | Lewis William10b5-1Chair and CEO · Director | 11,836 | $106.39 | −$1.3M |
| May 18, 2026 | Lewis William10b5-1Chair and CEO · Director | 7,975 | $106.97 | −$853.1K |
| May 18, 2026 | Lewis William10b5-1Chair and CEO · Director | 5,753 | $105.32 | −$605.9K |
| May 14, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 10,479 | $117.54 | −$1.2M |
| May 13, 2026 | Lewis WilliamChair and CEO · Director | 13,283 | $116.18 | −$1.5M |
| May 13, 2026 | Bonstein SaraChief Financial Officer | 8,272 | $116.18 | −$961K |
| May 13, 2026 | Adsett RogerChief Operating Officer | 5,837 | $116.18 | −$678.1K |
| May 13, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 4,470 | $112.76 | −$504K |
| May 13, 2026 | Smith Michael AlexanderChief Legal Officer | 4,109 | $116.18 | −$477.4K |
| May 13, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 3,384 | $116.18 | −$393.2K |
| May 11, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 12,119 | $100.35 | −$1.2M |
| May 11, 2026 | Flammer Martina M.D.10b5-1Chief Medical Officer | 830 | $101.18 | −$84K |
| May 04, 2026 | Lewis William10b5-1Chair and CEO · Director | 5,318 | $137.01 | −$728.6K |
From SEC's quarterly Form 3, 4 and 5 data sets: code P purchases and code S sales of common stock, by the date the trade happened. Where a fund and the people who control it each report the same block, it is counted once. Trades made in the last days of Q2 2026 but filed after it closed arrive with SEC's next quarterly release.
Insmed Incorporated company record
- SEC industry classification
- Pharmaceutical Preparations
- Headquarters
- Bridgewater, NJ
- Incorporated in
- VA
- Listed on
- Nasdaq
- SEC Central Index Key
- 0001104506
Sourced from this company's own SEC submissions record. The industry label is SEC's Standard Industrial Classification, which is more specific than the Health Care sector shown above.
After insiders bought INSM
What the stock actually did in the 90 days following each open-market purchase
Don't check INSM — let it ping you
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How to read INSM insider activity
- Open-market purchase (code P)
- An insider spending their own money at market price. This is the only buy code that reliably carries signal — it is a decision, not compensation.
- Grants and option exercises (codes A, M)
- Scheduled compensation. Most "insider buying" headlines are really this, which is why InsiderPulse weights it at a fraction of a real purchase.
- Cluster buy
- Two or more different insiders buying on the open market in the same window. One executive buying can mean anything; three is much harder to explain away.
Other Health Care tickers
Questions
- Are INSM insiders buying or selling?
- Between Jun 03, 2026 and Sep 09, 2026, 7 Insmed Incorporated insiders made no open-market purchases and 24 sales worth $47.6M, a net sale of $47.6M. 17 of the sales were pre-scheduled under a Rule 10b5-1 plan.
- How much INSM stock have insiders bought and sold in the last two years?
- Between Jul 01, 2024 and Jun 30, 2026, 12 Insmed Incorporated insiders made 2 open-market purchases worth $201.7K and 380 sales worth $326.7M. 296 of the sales were pre-scheduled under a Rule 10b5-1 plan. In the four quarters to Jun 30, 2026: no purchases and 200 sales ($189.8M). The largest purchase was Desjardins Clarissa buying $126.7K on May 20, 2025. The largest sale was Adsett Roger selling $10.3M on Apr 01, 2026.
- What was the largest recent INSM insider trade?
- Adsett Roger (Chief Operating Officer) sold $32M of INSM stock on Aug 10, 2026 at about $133.27 a share.
- When did an insider last buy INSM shares?
- No open-market purchase by a Insmed Incorporated insider appears in the filings from Jun 03, 2026 to Sep 09, 2026 — every recorded open-market transaction in that period was a sale. Before that, the most recent purchase in SEC's data was Desjardins Clarissa buying $75K on May 21, 2025.
- Where does INSM insider trading data come from?
- From the Form 4 filings Insmed Incorporated's officers, directors and 10% owners must send the SEC within two business days of a trade. Each row on this page links to its original filing on SEC EDGAR. Share grants and option exercises are kept apart from open-market purchases and sales, because only the latter cost the insider their own money.
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