[Form 4] MiniMed Group, Inc. Insider Trading Activity
Rhea-AI Filing Summary
MiniMed Group, Inc. reported that EVP and Chief Financial Officer Chad Spooner received new equity awards. He was granted 27,778 performance-based restricted stock units, each representing one share of common stock, vesting on March 9, 2027, if MiniMed’s share price reaches at least $32.05 as of the Divestment Date. He also received options for 84,176 shares of common stock at an exercise price of $18.00 per share, vesting 33% on March 9, 2028, 33% on March 9, 2029, and 34% on March 9, 2030, with expiration on March 9, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Spooner Chad
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 27,778 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (Right to Buy) | 84,176 | $0.00 | $0.00 |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 27,778 shares (Direct);
Employee Stock Option (Right to Buy) — 84,176 shares (Direct)
Footnotes (3)
- F1. Each performance-based restricted stock unit represents a contingent right to receive one share of MMED common stock. The performance-based restricted stock units vest on March 9, 2027, subject to MMED common stock achieving a closing price per share of at least $32.05 as of the Divestment Date (as defined in the Separation Agreement, dated March 1, 2026, by and between Medtronic Group Holding, Inc. and Kangaroo US Holdco 2, Inc.).
- F2. The later of March 9, 2027 or the Divestment Date.
- F3. The option vests 33% on each of March 9, 2028 and March 9, 2029, and 34% on March 9, 2030.
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