Utpal Koppikar Joins INSMED Inc Board of Directors with Zero Initial Beneficial Ownership

Executive Summary

On October 20, 2026, Utpal Koppikar filed an initial Form 3 statement of beneficial ownership for INSMED Inc ($INSM) reflecting his status as a newly appointed member of the Board of Directors, effective October 19, 2026. The filing indicates that Mr. Koppikar holds no initial direct or indirect equity securities or derivative positions in the company at the time of appointment.

Filing Details

• Reporting Person: Utpal Koppikar (CIK: 0001742696)
• Relationship: Director
• Event Date: October 19, 2026
• Reported Holdings: No securities beneficially owned (<noSecuritiesOwned>1</noSecuritiesOwned>)
• Exhibit: Exhibit 24 (Limited Power of Attorney for SEC Reporting Purposes)

Market & Governance Context

This filing is a routine initial disclosure under Section 16(a) of the Securities Exchange Act of 1934 following an individual's election or appointment to the board. Because there were no active open-market transactions or prior shareholdings disclosed, this filing represents low trading significance. Future equity compensation or open-market transactions will be monitored via subsequent Form 4 disclosures.