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sellWeak cluster of 610b5-1 plan

Martina Flammer M.D. sold $2.1M of INSM

Chief Medical Officer at INSMED Inc. 12,303 shares at an average of $171.38, traded Jan 5, 2026, filed Jan 6, 2026.

Warning score
25
Value
$2.1M
12,303 shares
Holdings after
94,754
-11% from before
From 52-week low
+170%
low $64.81, close $175.20
From 52-week high
-17%
high $211.41, as of Jan 5, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $2.1M at market
    +25
  • Share of holdings sold
    Sold 11% of holdings
    +5
  • Cluster
    6 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -13.7%, 3m -6.9%, 6m -35.5%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

INSMOct 12, 2026 · close 98.56
Since filing Jan 6, 2026: -43.7%SPY +13.4% · excess -57.1%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001796960-26-000002, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jan 2, 2026AGrant or award
Common Stock10b5-1
+5,998--89,109Jan 6, 2026
Jan 2, 2026AGrant or award
Common Stock10b5-1
+5,645--94,754Jan 6, 2026
Jan 5, 2026MOption exercise
Common Stock10b5-1
+4,358$19.74$86k99,112Jan 6, 2026
Jan 5, 2026MOption exercise
Common Stock10b5-1
+7,945$29.13$231k107,057Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-2,799$169.29$474k104,258Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-3,205$170.61$547k101,053Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-2,836$171.19$485k98,217Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-286$171.92$49k97,931Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-1,820$173.45$316k96,111Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-655$174.28$114k95,456Jan 6, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-702$175.73$123k94,754Jan 6, 2026
Jan 2, 2026AGrant or award
Stock Option (right to buy)derivative10b5-1
+31,280$0.00$031,280Jan 6, 2026
Jan 5, 2026MOption exercise
Stock Option (right to buy)derivative10b5-1
-4,358$0.00$08,715Jan 6, 2026
Jan 5, 2026MOption exercise
Stock Option (right to buy)derivative10b5-1
-7,945$0.00$031,780Jan 6, 2026

Related signals

Other insiders at INSMED Inc and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
50Moderate
INSMsell
INSMED Inc
David R Brennan
director
$3.1M
25,000 shares
-39%
70Notable
INSMsell 3
INSMED Inc
Melvin Sharoky Md
director
$638k
5,000 shares
-100%
65Notable
INSMsell 3
INSMED Inc
Roger Adsett
Chief Operating Officer
$32M
239,850 shares
-71%
30Weak
INSMsell 410b5-1
INSMED Inc
Martina Flammer M.D.
Chief Medical Officer
$3.5M
27,173 shares
-31%
23Weak
INSMsell 210b5-1
INSMED Inc
William Lewis
Chair and CEO
$1.1M
10,700 shares
-4%
23Weak
INSMsell 210b5-1
INSMED Inc
William Lewis
Chair and CEO
$1.3M
10,699 shares
-4%
25Weak
INSMsell 310b5-1
INSMED Inc
Martina Flammer M.D.
Chief Medical Officer
$1.4M
12,302 shares
-17%
30Weak
INSMsell 310b5-1
INSMED Inc
William Lewis
Chair and CEO
$2.2M
21,398 shares
-8%
21Weak
INSMsell 310b5-1
INSMED Inc
Michael Alexander Smith
Chief Legal Officer
$173k
1,806 shares
-5%
40Moderate
INSMsell 510b5-1
INSMED Inc
William Lewis
Chair and CEO
$613k
6,515 shares
-2%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Martina Flammer M.D. sold $2.1M of INSM | InsiderTell