MiniMed Group (MMED) SVP receives multiple new RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. senior vice president and chief HR officer Gillian Chandrasena reported two equity compensation grants of common stock on July 1, 2026. Both transactions are coded as awards, not open‑market purchases or sales.
The filing shows one grant of 14,705 restricted stock units (RSUs) under the 2026 Long Term Incentive Plan that vest in approximately equal one‑third increments on the first, second and third anniversaries of the grant date. A second RSU grant of 29,483 shares vests on the third anniversary of the grant date. Following these awards, reported direct holdings include common stock and shares that will be issued as RSUs vest, as well as 891 shares acquired under the 2026 Employee Stock Purchase Plan on June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chandrasena Gillian
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,483 | $0.00 | -- |
| Grant/Award | Common Stock | 14,705 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 160,139 shares (Direct, null)
Footnotes (1)
- Represents the grant of restricted stock units ("RSUs") pursuant to the 2026 MiniMed Group, Inc. Long Term Incentive Plan that vest in approximately equal one-third increments on the first, second and third anniversaries of the grant date. Includes shares of common stock to be issued in connection with the vesting of one or more RSUs. Includes 891 shares acquired under MMED's 2026 Employee Stock Purchase Plan on June 30, 2026. Represents the grant of restricted stock units ("RSUs") pursuant to the 2026 MiniMed Group, Inc. Long Term Incentive Plan that vest on the third anniversary of the grant date.
Key Figures
RSU grant 1: 14,705 shares
RSU grant 2: 29,483 shares
Holdings after transaction (line 1): 174,844 shares
+2 more
5 metrics
RSU grant 1
14,705 shares
RSUs vest one-third annually over three years from July 1, 2026
RSU grant 2
29,483 shares
RSUs vest on the third anniversary of the July 1, 2026 grant date
Holdings after transaction (line 1)
174,844 shares
Direct common stock holdings including shares issuable upon RSU vesting
Holdings after transaction (line 2)
160,139 shares
Alternate post-transaction holdings figure from second award row
ESPP acquisition
891 shares
Shares acquired under 2026 Employee Stock Purchase Plan on June 30, 2026
Key Terms
restricted stock units ("RSUs"), 2026 MiniMed Group, Inc. Long Term Incentive Plan, Employee Stock Purchase Plan, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Represents the grant of restricted stock units ("RSUs") pursuant to the 2026 MiniMed Group, Inc. Long Term Incentive Plan"
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.
2026 MiniMed Group, Inc. Long Term Incentive Plan financial
"pursuant to the 2026 MiniMed Group, Inc. Long Term Incentive Plan that vest in approximately equal one-third increments"
Employee Stock Purchase Plan financial
"Includes 891 shares acquired under MMED's 2026 Employee Stock Purchase Plan on June 30, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transactions did MiniMed Group (MMED) report for Gillian Chandrasena?
MiniMed reported two equity awards to SVP and Chief HR Officer Gillian Chandrasena. She received restricted stock unit grants of 14,705 and 29,483 shares as compensation, rather than buying or selling shares on the open market.
Were the MiniMed (MMED) insider transactions open-market buys or sells?
The transactions were compensation awards, not market trades. Both are coded as grants of restricted stock units, meaning the shares are provided by the company under incentive plans instead of being purchased or sold on the stock market.
How do the new MiniMed (MMED) RSU grants to the SVP vest over time?
One RSU grant of 14,705 shares vests in roughly equal one-third portions on the first, second and third anniversaries of the grant date. The separate grant of 29,483 RSUs vests entirely on the third anniversary, creating a longer-term retention incentive.
What equity plans are involved in the MiniMed (MMED) Form 4 filing?
The filing references MiniMed’s 2026 Long Term Incentive Plan, under which RSU grants were awarded, and the 2026 Employee Stock Purchase Plan, through which 891 shares of common stock were acquired on June 30, 2026 by the reporting executive.