Medline (MDLN) CEO Boyle has 2,370 RSU shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medline Inc. director and Chief Executive Officer James M. Boyle reported a routine tax-related share disposition. The filing shows that 2,370 shares of Class A Common Stock were withheld at $36.61 per share to cover his tax liability linked to vesting restricted stock units. After this non-market transaction, Boyle directly holds 29,369 shares of Medline Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boyle James M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,370 | $36.61 | $87K |
Holdings After Transaction:
Class A Common Stock — 29,369 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,370 shares
Withholding price per share: $36.61 per share
Shares held after transaction: 29,369 shares
+1 more
4 metrics
Shares withheld for taxes
2,370 shares
Class A Common Stock withheld for tax liability
Withholding price per share
$36.61 per share
Value used for tax-withholding disposition
Shares held after transaction
29,369 shares
Direct holdings of James M. Boyle after withholding
Tax-withholding share count
2,370 shares
From transactionSummary taxWithholdingShares
Key Terms
restricted stock units, transaction code "F", Class A Common Stock, Form 4
4 terms
restricted stock units financial
"tax liability in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
transaction code "F" regulatory
"transaction_code: "F" and description of tax liability by delivering securities"
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Medline Inc. (MDLN) report for James M. Boyle?
Medline Inc. reported that CEO James M. Boyle had 2,370 Class A Common Stock shares withheld. The shares were used to satisfy his tax liability arising from vesting restricted stock units, rather than being sold on the open market.
What does transaction code “F” mean in the Medline (MDLN) Form 4 filing?
Transaction code “F” in the Medline Form 4 indicates shares were used to pay a tax liability or exercise price. Here, 2,370 shares were withheld to cover James M. Boyle’s taxes from restricted stock unit vesting, not as a discretionary market sale.