INSMED Inc — Form 10-Q
Filed August 6, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 18/100
What the filing says
Insmed hired Samuele Butera as Senior Vice President, General Manager, Global Respiratory, effective June 23, 2026, reporting to CEO William H. Lewis. Compensation: $575,000 annual base salary, 50% target bonus ($287,500), $100,000 sign-on bonus (with 12–18 month clawback), plus $1.5M in equity ($750K stock options + $750K RSUs, 4-year vest: options 25%+12.5% semi-annual, RSUs 25% annual). Standard severance: ½ base salary over 6 months if terminated without cause; doubled to full base salary if terminated without cause within 1 year of change of control.
Why this rating
Executive hire at mid-level position (SVP, not C-suite); ~$2.6M Year 1 value (~0.012% of $21.1B market cap) is modest. Standard severance & equity terms. No business impact disclosed.
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