MiniMed Group (MMED) director granted 13,889 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. director D Keith Grossman reported an equity compensation grant of 13,889 shares of Common Stock on March 9, 2026. The award consists of restricted stock units that vest on the one-year anniversary of the grant date and were granted at no cash cost to him.
Following this grant, Grossman holds 13,889 shares of Common Stock directly, including shares that will be issued upon vesting of one or more restricted stock units. This filing reflects a compensation-related acquisition rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GROSSMAN D KEITH
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) director D Keith Grossman report?
D Keith Grossman reported receiving 13,889 shares of MiniMed Group Common Stock as an equity compensation grant. The award is structured as restricted stock units, granted at no cash cost, and reflects a compensation-related acquisition rather than an open-market stock purchase or sale.
When do D Keith Grossman’s MiniMed Group (MMED) restricted stock units vest?
The restricted stock units granted to Grossman vest on the one-year anniversary of the grant date. This means the 13,889 units convert into deliverable Common Stock after one year, aligning director compensation with ongoing service and the company’s long-term performance.
Was D Keith Grossman’s MiniMed Group (MMED) transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. It was a grant of 13,889 restricted stock units at a stated price of $0.00 per share, reflecting equity compensation rather than Grossman using personal funds to buy MiniMed Group stock in the market.
What are D Keith Grossman’s MiniMed Group (MMED) holdings after this Form 4 transaction?
After the transaction, Grossman is reported as directly holding 13,889 shares of MiniMed Group Common Stock. This total includes shares that will be issued in connection with the vesting of one or more restricted stock units granted as part of his director compensation.
What does the $0.00 price on D Keith Grossman’s MiniMed Group (MMED) grant indicate?
The $0.00 price indicates the 13,889 restricted stock units were granted as compensation, not purchased with cash. Grossman does not pay an exercise or purchase price for these shares; instead, they vest over time based on the one-year vesting schedule.