MiniMed (MMED) officer awarded performance RSUs and 25,253 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. officer John Gyurci reported equity compensation grants on March 9, 2026. He received 2,778 performance-based restricted stock units, each tied to one share of common stock, which vest on March 9, 2027 only if MMED’s closing price reaches at least $32.05 as of the Divestment Date defined in a March 1, 2026 separation agreement. He was also granted options on 25,253 shares of common stock at an exercise price of $18.00 per share, expiring on March 9, 2036, vesting 33% on each of March 9, 2028 and March 9, 2029, and 34% on March 9, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gyurci John
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 2,778 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 25,253 | $0.00 | -- |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 2,778 shares (Direct);
Employee Stock Option (Right to Buy) — 25,253 shares (Direct)
Footnotes (1)
- Each performance-based restricted stock unit represents a contingent right to receive one share of MMED common stock. The performance-based restricted stock units vest on March 9, 2027, subject to MMED common stock achieving a closing price per share of at least $32.05 as of the Divestment Date (as defined in the Separation Agreement, dated March 1, 2026, by and between Medtronic Group Holding, Inc. and Kangaroo US Holdco 2, Inc.). The later of March 9, 2027 or the Divestment Date. The option vests 33% on each of March 9, 2028 and March 9, 2029, and 34% on March 9, 2030.