Restricted stock grant lifts Medtronic (MDT) director’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medtronic plc director Scott C. Donnelly reported routine equity compensation activity. He received a grant of 2,111 ordinary shares in the form of restricted stock units, which vest on the one-year anniversary of the award date. When previously granted units vested, 207 shares were withheld at $81.90 per share to cover related tax obligations, rather than being sold on the market. Following these transactions, he directly holds 23,679 Medtronic ordinary shares, including 145 shares acquired through dividend reinvestment since his last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DONNELLY SCOTT C
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 — 23,679 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units that vest on the one-year anniversary of the award date. Includes 145 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.
Key Figures
RSU award: 2,111 shares
Tax-withholding shares: 207 shares at $81.90
Post-transaction holdings: 23,679 shares
+2 more
5 metrics
RSU award
2,111 shares
Restricted stock units granted; vest on one-year anniversary
Tax-withholding shares
207 shares at $81.90
Shares withheld to pay taxes on vesting RSUs
Post-transaction holdings
23,679 shares
Ordinary shares directly owned after reported transactions
Dividend reinvestment shares
145 shares
Acquired through dividend reinvestment since last report
Award price
$0.00 per share
Grant of 2,111 restricted stock units at no purchase price
Key Terms
restricted stock units, dividend reinvestment, tax-withholding disposition
3 terms
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 145 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.
tax-withholding disposition financial
"Represents shares withheld for payment of taxes upon the vesting of restricted stock units"
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.
FAQ
What did Medtronic (MDT) director Scott C. Donnelly report in this Form 4?
He reported routine equity compensation activity, including a restricted stock unit grant of 2,111 ordinary shares and 207 shares withheld to pay taxes upon vesting. After these updates, he directly holds 23,679 Medtronic ordinary shares.
What does the dividend reinvestment note mean for Medtronic (MDT) director holdings?
The filing notes that Donnelly’s holdings include 145 shares acquired through dividend reinvestment since his last report. Dividend reinvestment automatically uses cash dividends to buy additional shares, gradually increasing his ownership position over time.