INSULET CORP (PODD) Form 8-K — Sep 16, 2026
On September 14, 2026, the Talent and Compensation Committee of Insulet Corporation's Board approved and adopted the Insulet Nonqualified Deferred Compensation Plan, effective January 1, 2027. The unfunded "top hat" plan allows a select group of management and highly compensated employees, including named executive officers, to voluntarily defer up to 60% of cash compensation, and permits but does not require employer matching, nonelective, and discretionary contributions that are subject to a two-year cliff vesting schedule.
Key figures
- Plan effective date
- January 1, 2027
- Separation payment timing
- first payroll date of the seventh month following separation from service
- Employer contribution vesting
- two-year cliff vesting (full vesting on change in control)
- Change in control payout window
- within 30 days following change in control
- Maximum deferral of cash compensation
- 60%
AI analysis
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