Medtronic (MDT) director Elizabeth Nabel gets RSU grant, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medtronic plc director Elizabeth G. Nabel reported routine equity compensation activity in company ordinary shares. She received an award of 2,111 restricted stock units, which vest on the one-year anniversary of the award date. The filing also reports 207 shares withheld to cover taxes upon the vesting of previously granted restricted stock units, a non‑market, tax-withholding disposition rather than an open-market sale. Following these transactions, she directly holds 19,584 ordinary shares, including 65 shares acquired through dividend reinvestment since her last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NABEL ELIZABETH G
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 — 19,584 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 at $81.90
Shares owned after transactions: 19,584 shares
+1 more
4 metrics
RSU award
2,111 shares
Restricted stock units vesting one year from award date
Shares withheld for taxes
207 shares at $81.90
Withheld upon vesting of previously granted RSUs
Shares owned after transactions
19,584 shares
Direct Medtronic ordinary share holdings after Form 4
Dividend reinvestment shares
65 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"
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 insider transactions did Medtronic (MDT) director Elizabeth G. Nabel report?
Elizabeth G. Nabel reported an equity grant and a tax withholding. She was awarded 2,111 restricted stock units and had 207 shares withheld to pay taxes on previously vested units, both routine compensation-related transactions rather than open-market stock purchases or sales.
Were any of Elizabeth G. Nabel’s Medtronic (MDT) transactions open-market trades?
The reported transactions were not open-market trades. One entry is a grant of 2,111 restricted stock units, and the other is a disposition of 207 shares withheld to cover tax obligations on vested restricted stock units, a standard non-market mechanism.
What does dividend reinvestment mean in Elizabeth G. Nabel’s Medtronic (MDT) holdings?
Dividend reinvestment means cash dividends were used to buy additional shares automatically. The filing notes Nabel’s holdings include 65 shares acquired through dividend reinvestment since her last report, which incrementally increased her ownership without separate open-market purchase orders.