Medtronic CAO has 237 shares withheld for taxes

Medtronic plc Chief Accounting Officer Denise L. Blomquist reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Medtronic plc Chief Accounting Officer Denise L. Blomquist reported a routine tax-related share disposition. On April 24, 2026, performance-vesting restricted stock units vested, and 237 ordinary shares were withheld to cover taxes at a value of $83.32 per share. After this withholding, she directly holds 14,737 ordinary shares of Medtronic, indicating a small adjustment to her equity position tied to compensation rather than an open-market sale.

Insider Trade Summary

Exercise Price or Tax Liability: 237 shares

Exercise Price or Tax Liability 1 txn

Insider Blomquist Denise L.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Shares	237	$83.32	$20K

Holdings After Transaction: Ordinary Shares — 14,737 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld for taxes upon the settlement of performance-vesting restricted stock units that vested on April 24, 2026.

Key Figures

Shares withheld for taxes: 237 shares Reference share price: $83.32 per share Shares held after transaction: 14,737 shares +2 more

5 metrics

Shares withheld for taxes 237 shares Tax-withholding disposition on RSU vesting

Reference share price $83.32 per share Value used for the 237 withheld shares

Shares held after transaction 14,737 shares Direct holdings following tax withholding

Transaction code F Payment of tax liability by delivering securities

Vesting date April 24, 2026 Performance-vesting RSUs settlement date

Key Terms

tax-withholding disposition, performance-vesting restricted stock units, Ordinary Shares, Chief Accounting Officer, +1 more

5 terms

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

performance-vesting restricted stock units financial

"upon the settlement of performance-vesting restricted stock units that vested on April 24, 2026"

Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.

Ordinary Shares financial

"security_title: "Ordinary Shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Chief Accounting Officer financial

"officer_title: "Chief Accounting Officer""

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Medtronic (MDT) report for Denise L. Blomquist?

Medtronic’s Chief Accounting Officer Denise L. Blomquist reported a tax-related disposition of 237 ordinary shares. The shares were withheld to satisfy taxes when performance-vesting restricted stock units vested on April 24, 2026, rather than sold in the open market.

Was the Medtronic (MDT) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Medtronic withheld 237 ordinary shares from Denise L. Blomquist when her performance-vesting restricted stock units settled to cover associated tax obligations.

How many Medtronic (MDT) shares were withheld for taxes in this filing?

The filing shows that 237 Medtronic ordinary shares were withheld for taxes. These shares were applied to satisfy tax liabilities arising from the vesting of performance-vesting restricted stock units on April 24, 2026, under her compensation arrangements.

What share price is referenced in Denise L. Blomquist’s Medtronic (MDT) Form 4?

The Form 4 references a value of $83.32 per Medtronic ordinary share for the 237 shares withheld. This price is used for the tax-withholding disposition linked to her performance-vesting restricted stock units that vested on April 24, 2026.

How many Medtronic (MDT) shares does Denise L. Blomquist hold after the tax withholding?

After the 237-share tax withholding, Denise L. Blomquist directly holds 14,737 Medtronic ordinary shares. This post-transaction holding reflects her remaining equity position following the settlement of vested performance-vesting restricted stock units.

What does transaction code F mean in the Medtronic (MDT) Form 4?

Transaction code F on the Form 4 indicates shares delivered to pay an exercise price or tax liability. In this case, 237 Medtronic ordinary shares were withheld from Denise L. Blomquist to cover taxes when her performance-vesting restricted stock units vested.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 05:01 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Blomquist Denise L.

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/05/2026		F		237(1)	D	$83.32	14,737	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for taxes upon the settlement of performance-vesting restricted stock units that vested on April 24, 2026.

Remarks:

	/s/ Patricia Walesiewicz, attorney-in-fact	06/08/2026
	** Signature of Reporting Person	Date
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)