Smith Michael Alexander, Chief Legal Officer at INSM, has demonstrated a clear selling bias in recent insider transactions, with no recorded purchases since at least late 2025. His 31 reported trades—all involving Insmed Incorporated (INSM)—show $16.1 million in total sales against $1.87 million in buys, with all 19 recent transactions being disposals. The most significant activity occurred in concentrated bursts: a $3.9 million combined sale on March 30, 2026 (including a single $2.96 million transaction), followed by a $3.86 million cluster on February 24, 2026, where three sales exceeded $643K each. Earlier disposals were similarly structured, with November 3, 2025, standing out as a high-volume date featuring eight sales totaling $5.8 million, including a $1.39 million transaction. Smaller periodic sales, such as $183K on January 8, 2026, and $172K on September 2, 2025, suggest ongoing divestment rather than isolated events. The absence of any "A"-coded acquisitions since January 2026 and the dominance of "S" and "M" (sale and gift/transfer) codes in filings indicate a sustained reduction in Alexander’s INSM holdings, with the largest transactions occurring in early 2026.
AI-assisted summary