MiniMed Group (MMED) CFO details RSU tax share withholding
Rhea-AI Filing Summary
MiniMed Group, Inc. EVP and Chief Financial Officer Chad Spooner reported a tax-withholding disposition of 23,301 shares of Common Stock on July 28, 2026. These shares were withheld by MiniMed Group to satisfy income tax withholding and remittance obligations tied to vesting Restricted Stock Units. After this withholding, Spooner directly holds 362,707 shares of Common Stock, including shares to be issued upon the vesting of one or more RSUs.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 23,301 shares
Net Sell
1 txn
Insider
Spooner Chad
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 23,301 | $17.67 | $412K |
Holdings After Transaction:
Common Stock — 362,707 shares (Direct)
Footnotes (2)
- F1. Represents shares of Common Stock that have been withheld by MiniMed Group Inc. to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of Restricted Stock Units ("RSUs").
- F2. Includes shares of Common Stock to be issued in connection with the vesting of one or more RSUs.
Key Figures
Shares withheld for taxes: 23,301 shares
Price per withheld share: $17.67 per share
Shares owned after transaction: 362,707 shares
3 metrics
Shares withheld for taxes
23,301 shares
Code F disposition to satisfy income tax withholding on RSU vesting on July 28, 2026
Price per withheld share
$17.67 per share
Valuation used for Common Stock withheld to cover RSU-related tax obligations
Shares owned after transaction
362,707 shares
Direct Common Stock holdings after withholding, including shares to be issued upon RSU vesting
Key Terms
Restricted Stock Units ("RSUs"), income tax withholding and remittance obligations, net settlement
3 terms
Restricted Stock Units ("RSUs") financial
"in connection with the vesting and net settlement of Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
income tax withholding and remittance obligations financial
"withheld by MiniMed Group Inc. to satisfy income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of Restricted Stock Units"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MiniMed Group (MMED) CFO Chad Spooner report?
Chad Spooner reported a tax-withholding disposition of 23,301 shares of MiniMed Group Common Stock. The company withheld these shares to cover income tax obligations arising from the vesting and net settlement of Restricted Stock Units (RSUs).
Was Chad Spooner’s MMED transaction a market sale of Common Stock?
No. The 23,301 MiniMed shares were withheld by the company to satisfy income tax withholding and remittance obligations for vesting RSUs, rather than sold in an open-market transaction, as indicated by transaction code F and the related footnote.
What role do Restricted Stock Units (RSUs) play in this MMED insider transaction?
The transaction stems from the vesting and net settlement of RSUs granted to Chad Spooner. When these RSUs vested, MiniMed withheld 23,301 shares to cover associated income tax obligations, and the reported post-transaction holdings include shares tied to remaining unvested or unissued RSUs.