MiniMed Group (MMED) director receives 13,889 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EISENBERG GLENN A reported acquisition or exercise transactions in this Form 4 filing.
MiniMed Group, Inc. director Glenn A. Eisenberg received an equity grant of 13,889 shares of common stock in the form of restricted stock units. The units were awarded at no cash cost and vest on the one-year anniversary of the grant date. Following this award, he directly holds 13,889 shares and units, including shares to be issued upon future vesting of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EISENBERG GLENN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,889 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,889 shares (Direct)
Footnotes (1)
- Represents restricted stock units that vest on the one-year anniversary of the grant date. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
FAQ
What insider transaction did MiniMed Group (MMED) disclose in this Form 4?
MiniMed Group disclosed that director Glenn A. Eisenberg received an equity grant of 13,889 shares of common stock via restricted stock units. This is a compensation-related stock award, not an open-market purchase or sale, and reflects additional ownership tied to future vesting.
What type of equity award did MiniMed Group (MMED) grant to its director?
The company granted Glenn A. Eisenberg restricted stock units, representing 13,889 shares of common stock. Restricted stock units are share-based awards that typically vest over time, aligning director compensation with the company’s longer-term performance and share price development.
When do Glenn A. Eisenberg’s MiniMed Group (MMED) restricted stock units vest?
The restricted stock units vest on the one-year anniversary of the grant date. Until vesting, the units represent a contractual right to receive MiniMed Group common shares in the future, rather than currently issued, freely tradable stock.