Medtronic EVP has shares withheld for tax payment

Medtronic plc executive Harry Skip Kiil reported a routine tax-withholding share disposition tied to equity compensation.

Accepted by SEC EDGAR 06/08/2026 - 05:07 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Medtronic plc executive Harry Skip Kiil reported a routine tax-withholding share disposition tied to equity compensation. On the transaction date, 6,817 Ordinary Shares were withheld at $83.32 per share to cover taxes upon settlement of performance-vesting restricted stock units that vested on April 24, 2026. After this non-market transaction, he directly holds 41,416 Medtronic Ordinary Shares.

Insider Trade Summary

Exercise Price or Tax Liability: 6,817 shares

Exercise Price or Tax Liability 1 txn

Insider KIIL HARRY SKIP

Role EVP & President Cardiovascular

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Shares	6,817	$83.32	$568K

Holdings After Transaction: Ordinary Shares — 41,416 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

Tax-withheld shares: 6,817 shares Withholding price: $83.32 per share Shares held after transaction: 41,416 shares +2 more

5 metrics

Tax-withheld shares 6,817 shares Ordinary Shares withheld for taxes on equity vesting

Withholding price $83.32 per share Price used for tax-withholding disposition

Shares held after transaction 41,416 shares Direct Medtronic Ordinary Share holdings post-transaction

Transaction code F Payment of tax liability by delivering securities

RSU vesting date April 24, 2026 Performance-vesting restricted stock units vesting date

Key Terms

tax-withholding disposition, performance-vesting restricted stock units, Payment of exercise price or tax liability by delivering securities

3 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for Ordinary Shares"

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

"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.

Payment of exercise price or tax liability by delivering securities financial

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

FAQ

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

What did Medtronic (MDT) executive Harry Skip Kiil report in this Form 4?

He reported a tax-related share disposition, where 6,817 Medtronic Ordinary Shares were withheld at $83.32 each. This covered taxes on performance-vesting restricted stock units that had vested on April 24, 2026, and was not an open-market sale.

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

No, the transaction was not an open-market sale. It was a tax-withholding disposition, where shares were withheld by Medtronic to satisfy tax obligations arising from vested performance-vesting restricted stock units, a common administrative feature of equity compensation.

How many Medtronic (MDT) shares were involved in Harry Skip Kiil’s tax withholding?

A total of 6,817 Ordinary Shares were withheld for taxes at a price of $83.32 per share. These shares relate to the settlement of performance-vesting restricted stock units that vested on April 24, 2026, under his compensation program.

How many Medtronic (MDT) shares does Harry Skip Kiil hold after this Form 4 transaction?

Following the tax-withholding disposition, he directly holds 41,416 Medtronic Ordinary Shares. This figure reflects his remaining position after 6,817 shares were withheld to cover tax obligations on vested performance-vesting restricted stock units.

What triggered the tax-withholding disposition reported for Medtronic (MDT) EVP Harry Skip Kiil?

The disposition was triggered by the settlement of performance-vesting restricted stock units that vested on April 24, 2026. Shares were withheld to pay taxes due on this vesting event, as described by the Form 4 transaction code F footnote.

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

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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^*

KIIL HARRY SKIP

(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)
	EVP & President Cardiovascular

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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	06/04/2026		F		6,817(1)	D	$83.32	41,416	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)