STOCK TITAN

Medtronic (NYSE: MDT) director gets 2,111 RSUs; 207 shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Medtronic plc director Lewis Gregory P reported routine equity compensation activity. On April 27, 2026, he acquired 2,111 Ordinary Shares through a grant of restricted stock units that vest on the one-year anniversary of the award date. The position also now includes 65 shares acquired through dividend reinvestment since his last report. On April 28, 2026, 207 shares were withheld at $81.90 per share to cover taxes upon the vesting of previously granted restricted stock units, a non-market disposition. After these transactions, he directly holds 5,754 Ordinary Shares.

Positive

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Negative

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Insider Lewis Gregory P
Role null
Type Security Shares Price Value
Tax Withholding Ordinary Shares 207 $81.90 $17K
Grant/Award Ordinary Shares 2,111 $0.00 --
Holdings After Transaction: Ordinary Shares — 5,754 shares (Direct, null)
Footnotes (1)
  1. Represents an award of restricted stock units that vest on the one-year anniversary of the award date. Includes 65 shares acquired through dividend reinvestment since the last report filed by the reporting person. Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I.
RSU grant 2,111 shares Restricted stock units vest on one-year anniversary of award
Tax-withheld shares 207 shares Shares withheld at $81.90 to cover RSU vesting taxes
Tax-withholding price $81.90 per share Value used for 207 shares withheld for taxes
Shares after transactions 5,754 shares Direct Medtronic ordinary share holdings following Form 4 events
Dividend reinvestment shares 65 shares Acquired through dividend reinvestment since last report
restricted stock units financial
"Represents an award of restricted stock units that vest on the one-year anniversary"
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.
dividend reinvestment financial
"Includes 65 shares acquired through dividend reinvestment since the last report"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
withheld for payment of taxes financial
"Represents shares withheld for payment of taxes upon the vesting of restricted stock units"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lewis Gregory P

(Last)(First)(Middle)
C/O MEDTRONIC
710 MEDTRONIC PARKWAY

(Street)
MINNEAPOLIS MINNESOTA 55432

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Medtronic plc [ MDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares04/27/2026A2,111(1)A$05,961(2)D
Ordinary Shares04/28/2026F207(3)D$81.95,754D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock units that vest on the one-year anniversary of the award date.
2. Includes 65 shares acquired through dividend reinvestment since the last report filed by the reporting person.
3. Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I.
Remarks:
/s/ Patricia Walesiewicz, attorney-in-fact04/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Medtronic (MDT) director Lewis Gregory P report?

Lewis Gregory P reported a grant of 2,111 Medtronic ordinary shares via restricted stock units and a withholding of 207 shares for tax payments on vesting RSUs. These are compensation-related and tax transactions, not open-market buys or sells.

How many Medtronic (MDT) shares does Lewis Gregory P hold after this Form 4?

Following the reported grant and tax withholding, Lewis Gregory P directly holds 5,754 Medtronic ordinary shares. This total includes 65 shares that were accumulated through dividend reinvestment since his prior ownership report, as disclosed in the filing footnotes.

What is the nature of the 2,111 Medtronic (MDT) shares granted to Lewis Gregory P?

The 2,111 shares are an award of restricted stock units that vest on the one-year anniversary of the award date. Once vested, these units convert into ordinary shares, reflecting standard equity compensation for a Medtronic board member.

Why were 207 Medtronic (MDT) shares disposed of in this Form 4 filing?

The 207 shares were withheld by Medtronic to pay taxes due when earlier restricted stock units vested. This is reported with transaction code F, indicating tax-withholding disposition rather than an open-market sale initiated by the director.

Did Lewis Gregory P buy or sell Medtronic (MDT) stock on the open market?

The filing shows no open-market purchases or sales. Instead, it reports a restricted stock unit grant at no purchase price and shares withheld for taxes upon vesting, which are routine compensation and tax events rather than discretionary trading.