Merit Medical (NASDAQ: MMSI) director granted 3,457 RSUs under 2026 equity plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kaiser Laura S. reported acquisition or exercise transactions in this Form 4 filing.

MERIT MEDICAL SYSTEMS INC director Laura S. Kaiser reported receiving an equity grant rather than making an open-market trade. She was awarded 3,457 shares of common stock in the form of restricted stock units under the company’s 2026 Equity Incentive Plan at no cash cost to her.

The RSUs will vest on May 3, 2027, if she continues to serve the company through that date. After this grant, her reported direct holdings total 13,352 shares of common stock, reflecting a routine compensation-related award rather than a discretionary stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kaiser Laura S.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, No Par Value	3,457	$0.00	--

Holdings After Transaction: Common Stock, No Par Value — 13,352 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 3,457 shares Transaction price per share: $0.0000 per share Post-transaction holdings: 13,352 shares +2 more

5 metrics

RSU grant size 3,457 shares Restricted stock units granted to director on May 18, 2026

Transaction price per share $0.0000 per share Equity grant, no cash paid by reporting person

Post-transaction holdings 13,352 shares Total direct common stock holdings after the grant

Vesting date May 3, 2027 RSUs vest subject to continued service through this date

Transaction code A (grant, award, or other acquisition) Indicates equity compensation award, not market trade

Key Terms

restricted stock units (RSUs), 2026 Equity Incentive Plan, vest, continued service

4 terms

restricted stock units (RSUs) financial

"The reported transaction involved the reporting person's receipt of a grant of 3,457 restricted stock units (RSUs)"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

2026 Equity Incentive Plan financial

"under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan"

vest financial

"The RSUs granted to the reporting person will vest on May 3, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

continued service financial

"Vesting of the RSUs is subject to continued service to the issuer through the vesting date."

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 06:07 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kaiser Laura S.

(Last)

(First)

(Middle)

1600 W MERIT PARKWAY

(Street)

SOUTH JORDAN

UTAH

84095

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MERIT MEDICAL SYSTEMS INC [ MMSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, No Par Value	05/18/2026		A		3,457⁽¹⁾	A	$0	13,352	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transaction involved the reporting person's receipt of a grant of 3,457 restricted stock units (RSUs) under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan. The RSUs granted to the reporting person will vest on May 3, 2027. Vesting of the RSUs is subject to continued service to the issuer through the vesting date.

	/s/ Brian G. Lloyd, Attorney-in-Fact	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Laura S. Kaiser report in the latest MMSI Form 4 filing?

Laura S. Kaiser reported receiving a grant of 3,457 restricted stock units in Merit Medical Systems common stock. This equity award was granted under the company’s 2026 Equity Incentive Plan as compensation, not through an open-market stock purchase or sale.

How many MMSI shares does Laura S. Kaiser hold after this RSU grant?

After the reported grant, Laura S. Kaiser holds 13,352 shares of Merit Medical Systems common stock directly. This total includes the newly granted restricted stock units, which represent a compensation-related increase in her equity position with the company.

What are the vesting terms for Laura S. Kaiser’s 3,457 MMSI RSUs?

The 3,457 restricted stock units granted to Laura S. Kaiser will vest on May 3, 2027. Vesting is conditioned on her continued service to Merit Medical Systems through that date, meaning she must remain in her role until vesting occurs.

Was cash paid for the 3,457 MMSI shares reported in the Form 4?

No cash was paid for the 3,457 shares reported; the transaction price per share is listed as $0.0000. The Form 4 describes this as a grant or award of restricted stock units, reflecting equity compensation rather than a market purchase.

Under which plan were Laura S. Kaiser’s MMSI RSUs granted?

The RSUs were granted under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan. This plan provides equity-based compensation, and the filing notes that the 3,457 restricted stock units awarded to her are subject to vesting based on continued service.

Is Laura S. Kaiser’s MMSI Form 4 transaction a buy or sell signal?

The Form 4 shows an acquisition through an equity grant, not an open-market buy or sell. It is coded as a grant or award transaction, indicating standard director compensation rather than an active trading decision in Merit Medical Systems shares.