secwatch.observer — SEC 8-K summary
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Issuer:     Inspire Medical Systems, Inc. (INSP)
CIK:        0001609550
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001609550-24-000055
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspire Medical enters $75M accelerated share repurchase with Goldman Sachs
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- ASR agreement for $75M repurchase under existing $150M buyback program authorized by Board.
- Payment of $75M on Nov 12; initial delivery of shares worth 80% of repurchase price based on Nov 8 close.
- Final settlement in Q1 2025; Inspire may receive additional shares or pay cash to GS&Co. under terms.
- ASR contains standard provisions for adjustments, early termination, and representations by both parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609550/000160955024000055/0001609550-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609550/000160955024000055/insp-20241108.htm
  HTML page:      https://secwatch.observer/filing/0001609550-24-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer