Medtronic (MDT) director granted 2,111 shares; 207 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medtronic plc director Lidia Fonseca reported routine equity compensation activity. She received an award of 2,111 ordinary shares in the form of restricted stock units that vest on the one-year anniversary of the award date.
Upon vesting of previously granted restricted stock units, 207 shares were withheld to cover taxes at a price of $81.90 per share. After these transactions, she directly owns 7,644 Medtronic ordinary shares, which includes 65 shares acquired through dividend reinvestment since her last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fonseca Lidia
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 — 7,644 shares (Direct, null)
Footnotes (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.
Key Figures
Restricted stock unit award: 2,111 shares
Tax-withheld shares: 207 shares
Tax-withholding price: $81.90 per share
+2 more
5 metrics
Restricted stock unit award
2,111 shares
Award of ordinary shares via RSUs vesting after one year
Tax-withheld shares
207 shares
Shares withheld for payment of taxes on RSU vesting
Tax-withholding price
$81.90 per share
Price applied to 207 shares withheld for taxes
Shares owned after transactions
7,644 shares
Direct Medtronic ordinary share holdings following reported activity
Dividend reinvestment shares
65 shares
Shares acquired through dividend reinvestment since last report
Key Terms
restricted stock units, dividend reinvestment, withheld for payment of taxes, grant, award, or other acquisition, +1 more
5 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 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"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
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 Lidia Fonseca report on this Form 4?
She reported routine equity compensation activity, including a grant of 2,111 restricted stock units that settle as ordinary shares and a tax-related share withholding. These transactions update her direct ownership position in Medtronic following standard compensation and vesting processes.
What are the vesting terms of Lidia Fonseca’s new Medtronic restricted stock units?
The new award consists of restricted stock units that vest on the one-year anniversary of the award date. Upon vesting, these units are settled in ordinary shares, aligning director compensation with Medtronic’s share performance over the vesting period.
Does this Medtronic (MDT) Form 4 indicate any open-market buying or selling by Lidia Fonseca?
No open-market purchases or sales are reported. The filing shows a grant of restricted stock units at no cost and a tax-withholding disposition of 207 shares, which is an administrative step tied to vesting, not a discretionary trade in the market.