---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-031492"
form_type: "8-K"
ticker: "INSM"
cik: "0001104506"
company_name: "INSMED Inc"
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T00:56:10.580291+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Insmed calls all $225M convertible notes due 2025; holders can convert to stock at ~$39.16

## Summary
- All $225M of 1.75% Convertible Senior Notes due 2025 called for redemption on August 9, 2024.
- Redemption price: 100% of principal plus accrued interest (~$1,001.17 per $1,000 principal).
- Holders may convert before 5pm ET on Aug 8, 2024; conversion rate = 25.5384 shares per $1,000, equivalent to $39.16/share.
- If all converted, up to 5,746,140 shares of common stock will be issued; Company settles conversions in shares.
- Paying agent is Computershare Trust Co., N.A.; notes surrenderable through DTC.

## SEC filing metadata
- accession: 0001140361-24-031492
- form_type: 8-K
- ticker: INSM
- cik: 0001104506
- company_name: INSMED Inc
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104506/000114036124031492/0001140361-24-031492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104506/000114036124031492/ef20031706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-031492
- JSON: https://secwatch.observer/filing/0001140361-24-031492.json
- Plain text: https://secwatch.observer/filing/0001140361-24-031492.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.