Medtronic CAO gifts 600 company shares
Medtronic’s chief accounting officer reported a bona fide gift of 600 shares, leaving her with 16,398 Medtronic ordinary shares held directly.
Rhea-AI Filing Summary
Medtronic plc (MDT) reported that Chief Accounting Officer Denise L. Blomquist made a bona fide gift of 600 Ordinary Shares on September 15, 2026. The gift carried no stated per-share consideration, and Blomquist now holds 16,398 Ordinary Shares directly after the transaction. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
600 shares gifted
Gift
1 txn
Insider
Blomquist Denise L.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 600 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 16,398 shares (Direct)
Key Figures
Gifted shares: 600 shares
Per-share transaction price: $0.0000 per share
Shares held after transaction: 16,398 shares
+2 more
5 metrics
Gifted shares
600 shares
Bona fide gift of Medtronic Ordinary Shares on September 15, 2026
Per-share transaction price
$0.0000 per share
Reported price for the bona fide gift transaction
Shares held after transaction
16,398 shares
Direct ownership by Denise L. Blomquist following the gift
Gift transactions in filing
1 transaction
Transaction summary shows one bona fide gift
Gifted share count in filing
600 shares
Total shares classified as bona fide gift in transaction summary
Key Terms
bona fide gift, Ordinary Shares, Rule 10b5-1
3 terms
bona fide gift financial
"The transaction is described as a bona fide gift of 600 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"A document-level checkbox indicates Rule 10b5-1 plan status."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Medtronic (MDT) disclose for Denise L. Blomquist?
Medtronic disclosed that Chief Accounting Officer Denise L. Blomquist made a bona fide gift of 600 Ordinary Shares on September 15, 2026. The filing characterizes the transaction as a gift transfer rather than a market sale or purchase.
Was the Medtronic (MDT) insider gift made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating use of a trading plan, so the gift of 600 shares is not reported as made under Rule 10b5-1.
What transaction code is used for the Medtronic (MDT) insider gift on this Form 4?
The transaction is reported with code G, described as a bona fide gift. It involves 600 Ordinary Shares transferred at a reported per-share price of $0.0000, consistent with a non-sale, non-purchase transfer.
AI-generated analysis. How Rhea-AI works. Not financial advice.