Director at Merit Medical Systems (MMSI) sells 5,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Merit Medical Systems director Lynne N. Ward reported an open-market sale of 5,000 shares of common stock on 2026-05-07. The weighted average sale price was $62.607 per share, from trades between $62.395 and $62.815. Ward now directly holds 7,809 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($313,035)
Net Sell
1 txn
Insider
Ward Lynne N.
Role
null
Sold
5,000 shs ($313K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, No Par Value | 5,000 | $62.607 | $313K |
Holdings After Transaction:
Common Stock, No Par Value — 7,809 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,000 shares
Weighted average sale price: $62.607 per share
Sale price range low: $62.395 per share
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale on May 7, 2026
Weighted average sale price
$62.607 per share
Price for 5,000 shares sold
Sale price range low
$62.395 per share
Lowest price within reported trade range
Sale price range high
$62.815 per share
Highest price within reported trade range
Shares held after transaction
7,809 shares
Direct ownership following sale
Key Terms
open-market sale, weighted average price, Common Stock, No Par Value, Form 4
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 of Table 1 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock, No Par Value financial
"security_title": "Common Stock, No Par Value""
Form 4 regulatory
"range set forth in this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Lynne N. Ward report at MMSI?
Director Lynne N. Ward reported selling 5,000 shares of Merit Medical Systems common stock in an open-market transaction. The sale used a weighted average price of $62.607 per share, with individual trades occurring between $62.395 and $62.815, and left her holding 7,809 shares.
Was the MMSI insider trade a buy or sell transaction?
The transaction was a sell. The Form 4 identifies a code "S" and describes it as an open-market sale, with 5,000 shares of Merit Medical Systems common stock sold at a weighted average price of $62.607 per share on May 7, 2026.
Did the MMSI Form 4 disclose a price range for the insider sale?
Yes. The filing states the price reported is a weighted average and that the 5,000 shares were sold in multiple trades at prices ranging from $62.395 to $62.815 per share. Full breakdown by price level is available upon request from the reporting person.