MiniMed director receives 27,778-share stock grant
MiniMed Group, Inc. director Kevin E. Lofton reported an equity compensation grant of 27,778 shares of Common Stock in the form of restricted stock units.
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Rhea-AI Filing Summary
MiniMed Group, Inc. director Kevin E. Lofton reported an equity compensation grant of 27,778 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost per share and is scheduled to vest on the one-year anniversary of the grant date.
After this grant, Lofton is shown as owning 27,778 shares directly, which include shares to be issued upon future vesting of one or more restricted stock units. This filing reflects a routine compensation-related acquisition rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,778 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units that vest on the one-year anniversary of the grant date.
- F2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MiniMed Group (MMED) report for Kevin E. Lofton?
Was Kevin E. Lofton’s MiniMed (MMED) stock grant an open-market purchase?
When do Kevin E. Lofton’s MiniMed (MMED) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.