MiniMed Group (MMED) SVP granted time-vested RSU stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. senior vice president and general counsel Courtney Nelson reported equity compensation grants of common stock on July 1, 2026. The Form 4 shows two awards totaling 22,057 and 60,730 shares, each recorded at $0.00 per share as compensation rather than open-market purchases.
Footnotes state these represent restricted stock units granted under the 2026 Long Term Incentive Plan. One grant vests in roughly equal one-third installments on the first, second and third anniversaries of the grant date, while the other vests on the third anniversary. Following these awards, the filing reports updated direct holdings of 138,146 and 116,089 common shares in the respective lines, including shares issuable upon RSU vesting and 296 shares acquired via the 2026 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wills Courtney Nelson
Role
SVP, Gen. Counsel, Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,730 | $0.00 | -- |
| Grant/Award | Common Stock | 22,057 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 116,089 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 296 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: 22,057 shares
RSU grant 2: 60,730 shares
Holdings after grant line 1: 138,146 shares
+3 more
6 metrics
RSU grant 1
22,057 shares
Common stock grant on July 1, 2026 at $0.00 per share
RSU grant 2
60,730 shares
Common stock grant on July 1, 2026 at $0.00 per share
Holdings after grant line 1
138,146 shares
Total common shares following first reported grant
Holdings after grant line 2
116,089 shares
Total common shares following second reported grant
ESPP acquisition
296 shares
Shares acquired under 2026 Employee Stock Purchase Plan on June 30, 2026
Transaction count
2 acquisitions
Both non-derivative grants coded A for grant/award acquisition
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
"Represents the grant of restricted stock units ("RSUs") pursuant to the 2026 MiniMed Group, Inc. Long Term Incentive Plan"
Employee Stock Purchase Plan financial
"Includes 296 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 did MiniMed Group (MMED) disclose in this Form 4 filing?
MiniMed Group reported equity compensation grants to SVP and general counsel Courtney Nelson. Two awards of common stock were recorded as grants at $0.00 per share, reflecting restricted stock unit awards under the 2026 Long Term Incentive Plan, not open-market purchases.
How do the MiniMed (MMED) RSU grants vest over time?
One RSU grant vests in approximately equal one-third increments on the first, second, and third anniversaries of the July 1, 2026 grant date. The other grant vests entirely on the third anniversary, creating a multi-year vesting schedule tied to continued service.
Are these MiniMed (MMED) transactions open-market insider buys or sales?
No, they are not open-market trades. The Form 4 labels both transactions with code “A” as grants or awards at $0.00 per share, indicating restricted stock unit-based compensation rather than discretionary market purchases or sales of MiniMed common stock by the executive.
What are Courtney Nelson’s reported MiniMed (MMED) holdings after these grants?
After the reported grants, the Form 4 lists 138,146 and 116,089 MiniMed common shares following the respective transactions. These figures include shares to be issued upon RSU vesting and 296 shares acquired through the 2026 Employee Stock Purchase Plan on June 30, 2026.
What plans are referenced in MiniMed (MMED) SVP’s Form 4 footnotes?
Footnotes reference the 2026 MiniMed Group, Inc. Long Term Incentive Plan, under which the RSUs were granted, and the 2026 Employee Stock Purchase Plan, through which 296 shares were acquired. These plans outline equity compensation and employee stock purchase mechanics for MiniMed personnel.