MiniMed Group (MMED) director granted 13,889 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. director Timothy A. Wicks reported an acquisition of 13,889 shares of common stock through a grant of restricted stock units. These units vest on the one-year anniversary of the grant date rather than being immediately transferable.
After this award, Wicks is shown as directly holding 13,889 shares, which include shares to be issued upon the future vesting of one or more restricted stock units. The transaction reflects equity-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wicks Timothy 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 (MMED) report for Timothy A. Wicks?
MiniMed reported that director Timothy A. Wicks received 13,889 shares of common stock via a grant of restricted stock units. This is a compensation-related equity award rather than an open-market stock purchase or sale.
What are the vesting terms of Timothy A. Wicks’ restricted stock units at MiniMed (MMED)?
The filing states that the restricted stock units granted to Timothy A. Wicks vest on the one-year anniversary of the grant date. This means he must remain eligible through that period before the shares fully vest and become deliverable.
Does the MiniMed (MMED) Form 4 show any stock sales by Timothy A. Wicks?
No sales are reported in this Form 4. The filing only shows an acquisition via a grant of 13,889 restricted stock units, categorized as a grant, award, or other acquisition rather than a disposition of shares.