Merit Medical (NASDAQ: MMSI) director Lynne Ward granted 3,457 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ward Lynne N. reported acquisition or exercise transactions in this Form 4 filing.
MERIT MEDICAL SYSTEMS INC director Lynne N. Ward received an equity grant. On this Form 4, she was awarded 3,457 shares of Common Stock through restricted stock units at a price of $0.00 per share as a compensation grant, not an open-market trade.
The RSUs were granted under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan and will vest on May 3, 2027, subject to her continued service to the company through that date. After this award, her directly held common stock position reported in the filing is 11,266 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ward Lynne N.
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 — 11,266 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU Grant Size: 3,457 shares
Grant Price: $0.00 per share
Post-transaction Holdings: 11,266 shares
+1 more
4 metrics
RSU Grant Size
3,457 shares
Restricted stock units granted to Lynne N. Ward
Grant Price
$0.00 per share
Price per share for the RSU compensation award
Post-transaction Holdings
11,266 shares
Common stock directly held after the RSU grant
RSU Vesting Date
May 3, 2027
Vesting date for 3,457 RSUs, subject to continued service
Key Terms
restricted stock units (RSUs), 2026 Equity Incentive Plan, vesting, 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"
vesting financial
"The RSUs granted to the reporting person will vest on May 3, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"Vesting of the RSUs is subject to continued service to the issuer"
FAQ
What insider transaction did MMSI director Lynne N. Ward report on this Form 4?
Lynne N. Ward reported receiving a grant of 3,457 restricted stock units of MERIT MEDICAL SYSTEMS INC. The award is a compensation grant at $0.00 per share, rather than an open-market purchase or sale of existing common stock.
When do Lynne N. Ward’s MMSI restricted stock units vest?
The 3,457 restricted stock units granted to Lynne N. Ward vest on May 3, 2027. Vesting is conditioned on her continued service to MERIT MEDICAL SYSTEMS INC through that vesting date, as described in the Form 4 footnote.
Under what plan were Lynne N. Ward’s MMSI RSUs granted?
Her 3,457 restricted stock units were granted under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan. This plan provides equity-based compensation, and the RSUs vest on May 3, 2027, subject to her continued service with the company.
Was Lynne N. Ward’s MMSI Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of 3,457 restricted stock units at $0.00 per share, categorized as a grant or award acquisition. It does not reflect an open-market purchase or sale of MERIT MEDICAL SYSTEMS INC common stock.