Medtronic (MDT) director Randall Hogan awarded shares, some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medtronic plc director Randall J. Hogan reported routine equity compensation activity. He 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. In a related move, 207 shares were withheld to cover tax obligations when previously granted restricted stock units vested, rather than being sold on the open market. Following these transactions, he directly holds 48,998 ordinary shares, which includes 65 shares acquired through dividend reinvestment since his last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HOGAN RANDALL J
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 — 48,998 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
RSU award: 2,111 shares
Shares withheld for taxes: 207 shares
Shares held after transactions: 48,998 shares
+1 more
4 metrics
RSU award
2,111 shares
Restricted stock units vest on one-year anniversary of award date
Shares withheld for taxes
207 shares
Withheld upon vesting of previously reported restricted stock units
Shares held after transactions
48,998 shares
Directly held ordinary shares following the reported transactions
Dividend reinvestment shares
65 shares
Acquired through dividend reinvestment since last report
Key Terms
restricted stock units, dividend reinvestment, tax withholding, grant, award, or other acquisition
4 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.
tax withholding financial
"Represents shares withheld for payment of taxes upon the vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Medtronic (MDT) director Randall Hogan report in this Form 4?
Randall Hogan reported a routine equity compensation update. He received 2,111 Medtronic ordinary shares as a restricted stock unit award and had 207 shares withheld to pay taxes on a prior vesting, leaving him with 48,998 directly held shares.
Were Randall Hogan’s Medtronic (MDT) transactions open-market buys or sells?
The filing shows no open-market buys or sells. Hogan’s 2,111-share increase came from a grant, and the 207-share decrease reflects shares withheld for taxes on vesting, not discretionary market sales or purchases.
What are restricted stock units (RSUs) in the Medtronic (MDT) Form 4?
In this context, restricted stock units are share-based awards that convert into ordinary shares after vesting. Hogan’s 2,111-share RSU award will vest on the one-year anniversary of the grant date, aligning his compensation with Medtronic’s long-term performance.