Michael Alexander Smith, Chief Legal Officer at INSMED Inc (INSM), sold 3,158 shares at $175.07 ($549K) on 2026-01-07, disclosed to the SEC on 2026-01-08.
Seasonal sale ($549k) by Chief Legal Officer — this insider has traded INSM in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $173.33 | 1,396 | $242K | 44.0% |
| 2 | $175.07 | 709 | $124K | 22.6% |
| 3 | $174.17 | 1,053 | $183K | 33.4% |
| Total | $174.00 avg | 3,158 | $549K | 100% |
| Filing → |
| INSM | SELL | 2026-05-22 | $667K | — | Filing → |
| INSM | SELL | 2026-05-15 | $477K | — | Filing → |
| INSM | SELL | 2026-03-31 | $3.0M | — | Filing → |