{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-015487","form_type":"8-K/A","ticker":"INSM","cik":"0001104506","company_name":"INSMED Inc","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.531404+00:00","generated_at":"2026-05-23T06:40:03.873393+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Insmed adjusts conversion rate on 0.75% convertible notes; up to 17.8M shares issuable","bullets":["Conversion rate increased to 31.2861 shares per $1,000 principal under make-whole provisions due to redemption notice.","New conversion price equivalent to approximately $31.96 per share.","If all Notes converted, aggregate of up to 17,817,715 common shares would be issued.","Adjustment triggered by delivery of redemption notice prior to March 2028 maturity date."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-015487","json":"https://secwatch.observer/filing/0001140361-25-015487.json","markdown":"https://secwatch.observer/filing/0001140361-25-015487.md","text":"https://secwatch.observer/filing/0001140361-25-015487.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104506/000114036125015487/0001140361-25-015487-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104506/000114036125015487/ef20047907_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T06:40:03.873393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}