STOCK TITAN

Medtronic (NYSE: MDT) EVP Quinn reports 2,069 shares withheld for taxes

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Michelle Quinn, EVP, GC and Secretary of Medtronic plc, reported a Form 4 transaction where 2,069 Ordinary Shares were withheld to pay taxes upon the vesting of previously granted restricted stock units. After this tax-withholding disposition, she directly holds 20,375 Ordinary Shares, including 697 acquired through dividend reinvestment.

Positive

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Negative

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Insider Quinn Michelle
Role EVP, GC and Secretary
Type Security Shares Price Value
Tax Withholding Ordinary Shares F1, F2 2,069 $86.88 $180K
Holdings After Transaction: Ordinary Shares — 20,375 shares (Direct)
Footnotes (2)
  1. F1. Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I.
  2. F2. Includes 697 shares acquired through dividend reinvestment since the last report filed by the reporting person.
Shares withheld for taxes 2,069 shares Ordinary Shares withheld to pay taxes upon RSU vesting
Per-share value for withheld shares $86.88 per share Reported value used for the tax-withholding disposition
Shares owned after transaction 20,375 shares Direct Medtronic Ordinary Share holdings following the tax withholding
Shares from dividend reinvestment 697 shares Portion of post-transaction holdings acquired via dividend reinvestment
restricted stock units financial
"taxes upon the vesting of restricted stock units previously reported"
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 697 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.
Ordinary Shares financial
"security_title: Ordinary Shares reported as non-derivative holding"
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.

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

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FAQ

What did Medtronic (MDT) EVP Michelle Quinn report in this Form 4?

Michelle Quinn reported that 2,069 Medtronic Ordinary Shares were withheld to satisfy tax obligations on vesting restricted stock units. This was a non-market, tax-withholding disposition rather than a discretionary purchase or sale of Medtronic shares.

Was Michelle Quinn’s Medtronic (MDT) Form 4 transaction an open-market sale?

No, the Form 4 shows shares withheld for payment of taxes, not an open-market sale. The 2,069 shares were retained by the company to cover tax liabilities when her restricted stock units vested.

How many Medtronic (MDT) shares does Michelle Quinn own after this transaction?

Following the tax-withholding disposition, Michelle Quinn directly holds 20,375 Medtronic Ordinary Shares. This amount explicitly includes 697 shares that were acquired through dividend reinvestment since her prior reported ownership.

At what value were the withheld Medtronic (MDT) shares recorded in the Form 4?

The 2,069 withheld Ordinary Shares are reported at $86.88 per share. This per-share value is used to reflect the tax liability satisfied when the restricted stock units vested, and does not represent an open-market trade price.

Was Michelle Quinn’s Medtronic (MDT) transaction under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox for this Form 4 was not selected, indicating the tax-withholding transaction was not affirmatively reported as made under a Rule 10b5-1 trading arrangement or similar pre-planned trading program.
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*
Quinn Michelle

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, GC and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026
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 Shares07/28/2026F2,069(1)D$86.8820,375(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I.
2. Includes 697 shares acquired through dividend reinvestment since the last report filed by the reporting person.
Remarks:
/s/ Patricia Walesiewicz, attorney-in-fact07/29/2026
** 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)