Tansey Casey M 4

What Happened
Casey M. Tansey, a director of Inspire Medical Systems (INSP), was granted 181 shares of common stock as compensation on January 15, 2026. The grant is recorded at $96.47 per share, for a total reported value of $17,461. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-15; Form 4 filed: 2026-01-20 (filed five calendar days after the transaction; appears one business day late of the typical two-business-day Form 4 deadline).
• Shares granted: 181 at $96.47 per share; total value reported $17,461.
• Transaction type: Award/Grant (compensation), not a market purchase — generally considered routine director compensation.
• Shares owned after transaction: Not specified in the provided summary filing.
• Footnotes: F1 = shares received in lieu of cash fees under the Non-Employee Director Compensation Policy; F2/F3 = some securities are held by The Kimberly Tansey Irrevocable Trust and The Kylie Tansey Irrevocable Trust.
• Filing accession: 0001104659-26-005027 (Period of report: 2026-01-15).

Context
Awards received as director compensation (shares issued in lieu of cash fees) are routine and reflect compensation policy rather than a personal open-market investment decision. Because this was an award, it should not be interpreted as a direct bullish purchase signal from the insider.