MMSI (MMSI) CFO granted stock awards and surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MERIT MEDICAL SYSTEMS INC CFO and Treasurer Raul Parra Jr. reported multiple equity awards and related tax-share withholding in common stock. On February 26, 2026, he acquired 12,305, 9,613, and 17,002 shares of common stock at $0.00 per share through grants and performance-based vesting.
Footnotes explain that two awards are restricted stock units that vest in scheduled annual installments, and one reflects shares issued after performance stock unit conditions were met. He also surrendered 5,778 shares at $78.02 per share back to the company to cover payroll and income taxes, with no open-market sale.
After these transactions, Parra held 57,343 shares of common stock directly, non-qualified stock options for 9,070 and 13,576 shares, and an additional 2,735 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Parra Raul Jr.
Role
CFO AND TREASURER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, No Par Value | 12,305 | $0.00 | -- |
| Grant/Award | Common Stock, No Par Value | 9,613 | $0.00 | -- |
| Grant/Award | Common Stock, No Par Value | 17,002 | $0.00 | -- |
| Tax Withholding | Common Stock, No Par Value | 5,778 | $78.02 | $451K |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Common Stock, No Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock, No Par Value — 36,506 shares (Direct);
Non-qualified stock options (right to buy) — 9,070 shares (Direct);
Common Stock, No Par Value — 2,735 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Represents plan holdings as of 02/26/2026. Represents a grant of restricted stock units ("RSUs"). The RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting. Represents a grant of RSUs. The RSUs vest in two equal installments on each of the second and the third anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting. These shares were acquired upon a determination of the Company's Compensation and Talent Development Committee that certain conditions had been met for the issuance of such shares pursuant to performance stock units that were granted on 02/28/2023. The Reporting Person surrendered 5,778 shares of common stock to the Issuer for payroll and income taxes. No shares were sold in the open market. Becomes exercisable in equal annual installments of 25% commencing on 02/28/2023. Becomes exercisable in equal annual installments of 25% commencing on 02/28/2024.
FAQ
What equity awards did MMSI CFO Raul Parra Jr. receive on February 26, 2026?
Raul Parra Jr. received three equity awards totaling several tranches of common stock on February 26, 2026. These included grants of 12,305 and 9,613 restricted stock units and 17,002 shares issued upon satisfaction of performance stock unit conditions, all at $0.00 per share.
How do Raul Parra Jr.’s MMSI restricted stock units vest?
The reported restricted stock units for Raul Parra Jr. vest in scheduled annual installments over two- and three-year periods. One grant vests in three equal annual installments, while another vests in two equal installments on the second and third anniversaries of the grant date, subject to continued service.
What MMSI stock option holdings does Raul Parra Jr. report in this Form 4?
Raul Parra Jr. reports two blocks of non-qualified stock options, covering 9,070 and 13,576 shares of MERIT MEDICAL SYSTEMS INC common stock. Footnotes note they become exercisable in 25% annual installments beginning on February 28, 2023 and February 28, 2024, respectively.