Medtronic (NYSE: MDT) EVP left holding 116,336 shares
Rhea-AI Filing Summary
Medtronic plc (MDT) reported that executive officer Michael Marinaro, EVP, Pres MedSurg and Americas, had 1,084 Ordinary Shares withheld on 2026-08-20 to pay tax liabilities upon the vesting of previously awarded restricted stock units. After this tax-withholding disposition, he holds 116,336 Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,084 shares
Net Sell
1 txn
Insider
Marinaro Michael
Role
EVP, Pres MedSurg and Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 1,084 | $92.30 | $100K |
Holdings After Transaction:
Ordinary Shares — 116,336 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I.
Key Figures
Shares withheld for taxes: 1,084 Ordinary Shares
Per-share value for withholding: $92.30 per share
Shares held after transaction: 116,336 Ordinary Shares
+1 more
4 metrics
Shares withheld for taxes
1,084 Ordinary Shares
Withheld on 2026-08-20 to pay tax liability on RSU vesting
Per-share value for withholding
$92.30 per share
Value used for the 1,084-share tax-withholding disposition on 2026-08-20
Shares held after transaction
116,336 Ordinary Shares
Direct ownership reported following the 2026-08-20 transaction
Tax-withholding shares (code F)
1,084 shares
ExercisePriceOrTaxLiabilityShares in transactionSummary
Key Terms
restricted stock units, Ordinary Shares, tax liability, withheld for payment of taxes
4 terms
restricted stock units financial
"Represents shares withheld for payment of taxes upon the vesting of restricted stock units"
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.
tax liability financial
"Payment of tax liability by delivering or withholding securities"
withheld for payment of taxes financial
"Represents shares withheld for payment of taxes upon the vesting"
FAQ
What insider transaction did Medtronic (MDT) report for Michael Marinaro?
Medtronic reported that 1,084 Ordinary Shares of Michael Marinaro were withheld on 2026-08-20 to pay taxes upon the vesting of previously reported restricted stock units, leaving him with 116,336 Ordinary Shares held directly.
Was the Medtronic (MDT) insider transaction a market sale or tax withholding?
The transaction was tax withholding, coded "F" as payment of tax liability by delivering or withholding securities. Footnote F1 clarifies the 1,084 shares were withheld for taxes upon vesting of restricted stock units, not sold in the open market.
Does the Medtronic (MDT) Form 4 indicate a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), and the footnotes do not state that this tax-withholding transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.