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Midas Edge

INSMED Inc

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

INSM$116.10+1.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

ITEM 9B. OTHER INFORMATION

Our policy governing transactions in our securities by our directors, officers and employees permits our directors, officers and employees to enter into trading plans complying with Rule 10b5-1 under the Exchange Act. The following table describes the written plans for the sale of our securities adopted orterminated by our officers and directors (each as defined in Rule 16a-1(f) of the Exchange Act) during the fourth quarter of 2025, each of which was entered into or terminated, as applicable, during an open trading window and is or was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (each, a Trading Plan).

Name and TitleDate of Adoption of Trading PlanScheduled Start Date of Trading PlanScheduled Expiration Date of Trading Plan (1)Maximum Shares Subject to Trading PlanDate Plan Terminated
Michael SmithChief Legal Officer02/27/202505/30/202512/31/2025109,46211/04/2025
Michael SmithChief Legal Officer11/07/202502/23/202602/12/2027150,172N/A
Sara BonsteinChief Financial Officer11/10/202502/24/202604/08/2026159,511N/A
S. Nicole SchaefferChief People Strategy Officer11/12/202502/24/202608/28/202655,400N/A
Elizabeth McKee Anderson, Director11/14/202503/04/202609/30/202620,00012/11/2025
Roger AdsettChief Operating Officer12/03/202503/04/202606/16/2026194,727N/A
Elizabeth McKee Anderson, Director12/11/202503/12/202609/30/20265,000N/A

(1) A Trading Plan may expire on an earlier date if all contemplated transactions are completed before such Trading Plan’s expiration date, upon termination by broker or the holder of the Trading Plan, or as otherwise provided in the Trading Plan.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.