Medtronic plc (MDT) officer has 439 shares withheld to cover tax obligations
Rhea-AI Filing Summary
Medtronic plc reported a routine insider transaction by one of its executives. The officer, listed as EVP & President Neuroscience, had 439 ordinary shares withheld on 12/15/2025 to pay taxes due when previously granted restricted stock units vested, at a price of $99.87 per share.
After this tax-withholding transaction, the reporting person directly owns 54,749 Medtronic ordinary shares. This total includes 251 shares that were acquired through dividend reinvestment since the prior report.
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FAQ
What insider transaction did Medtronic plc (MDT) report in this filing?
A Medtronic plc executive reported a routine insider transaction where 439 ordinary shares were withheld on 12/15/2025 to cover taxes upon the vesting of previously granted restricted stock units at $99.87 per share.
Is the Medtronic plc (MDT) insider transaction an open-market sale?
No. The filing states that the 439 shares represent shares withheld for payment of taxes upon the vesting of restricted stock units, rather than an open-market discretionary sale.
How many Medtronic plc (MDT) shares does the reporting person own after the transaction?
Following the reported tax-withholding transaction, the reporting person directly owns 54,749 Medtronic ordinary shares.
What is the role of the Medtronic plc (MDT) insider involved in this transaction?
The reporting person is identified as an officer of Medtronic plc, with the title EVP & Pres Neuroscience.
What do the additional 251 Medtronic plc (MDT) shares mentioned in the filing represent?
The share count after the transaction includes 251 shares that were acquired through dividend reinvestment since the last report filed by the reporting person.
What transaction code is used for the Medtronic plc (MDT) insider transaction and what does it indicate?
The transaction is reported with code "F", which in this context corresponds to shares withheld for payment of taxes upon the vesting of restricted stock units.