A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Ironwood Pharmaceuticals, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 9 compensation award and 2 open-market sale. 2 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Compensation award
Tax / Compensation Filing
2026-09-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
DENNER ALEXANDER J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
3,694 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: DENNER ALEXANDER J (Director)
Shares: 3,694
Form 4
Compensation award
Tax / Compensation Filing
2026-07-22
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Silber Jeffrey (SVP, CMO, Head-Res&Drug) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
137,036 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Silber Jeffrey (SVP, CMO, Head-Res&Drug)
Shares: 137,036
Form 4
Open-market sale
Insider Selling
2026-07-09
IRWD insider Silver Ronald (PFO & PAO) sold 127,890 shares (~$578.1K)
Silver Ronald, listed as PFO & PAO at IRONWOOD PHARMACEUTICALS INC, reported an open-market sale of 127,890 IRWD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
127,890 |
$4.52 |
$578.1K |
Filing: Form 4 (Insider Transaction)
Insider: Silver Ronald (PFO & PAO)
Shares: 127,890
Est. Value: $578.1K
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Shepard Jay (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Shepard Jay (Director)
Shares: 63,481
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Kessler Marla L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Kessler Marla L (Director)
Shares: 63,481
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Currie Mark G (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Currie Mark G (Director)
Shares: 63,481
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Duane Jon R (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Duane Jon R (Director)
Shares: 63,481
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
DENNER ALEXANDER J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
4,065 |
— |
— |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: DENNER ALEXANDER J (Director)
Shares: 67,546
Form 4
Open-market sale
Insider Selling
2026-06-17
IRWD insider McHugh Julie (Director) sold 21,571 shares (~$80.5K)
McHugh Julie, listed as Director at IRONWOOD PHARMACEUTICALS INC, reported an open-market sale of 21,571 IRWD shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
S |
Open-market sale
|
21,571 |
$3.73 |
$80.5K |
Filing: Form 4 (Insider Transaction)
Insider: McHugh Julie (Director)
Shares: 21,571
Est. Value: $80.5K
Form 4
Compensation award
Tax / Compensation Filing
2026-06-17
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Moukheibir Catherine (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
63,481 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Moukheibir Catherine (Director)
Shares: 63,481
Form 4
Compensation award
Tax / Compensation Filing
2026-05-21
IRWD insider Form 4 filed for equity award, exercise, or tax withholding
Silver Ronald (PFO & PAO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
25,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Silver Ronald (PFO & PAO)
Shares: 25,000