STOCK TITAN

Merit Medical (MMSI) director receives 3,457 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carpenter Lonny J. reported acquisition or exercise transactions in this Form 4 filing.

MERIT MEDICAL SYSTEMS INC director Lonny J. Carpenter received an equity award of 3,457 restricted stock units. These RSUs were granted under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan and will vest on May 3, 2027, subject to his continued service to the company. Following this grant, he reports direct ownership of 20,824 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Carpenter Lonny J.
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 — 20,824 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 3,457 units Restricted stock units granted to director Lonny J. Carpenter
Vesting date May 3, 2027 RSUs vest subject to continued service through vesting date
Shares held after transaction 20,824 shares Common stock directly owned after reported grant
Grant price per share $0.00 per share Equity grant, not an open-market purchase
restricted stock units (RSUs) financial
"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."
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
"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."
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.
Form 4 regulatory
"INSIDER FILING DATA (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.
SEC Form 4
FORM 4UNITED 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*
Carpenter Lonny J.

(Last)(First)(Middle)
1600 WEST 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, No Par Value05/18/2026A3,457(1)A$020,824D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Lonny J. Carpenter report in this MMSI Form 4 filing?

Lonny J. Carpenter reported receiving 3,457 restricted stock units from Merit Medical Systems. The award came with no purchase price and represents equity-based compensation rather than an open-market stock transaction or sale of existing holdings.

How many MMSI restricted stock units were granted to Lonny J. Carpenter?

The Form 4 shows a grant of 3,457 restricted stock units to Lonny J. Carpenter. These RSUs are a form of stock-based compensation that convert into common shares when vesting conditions, including continued service, are satisfied.

When do Lonny J. Carpenter’s newly granted MMSI RSUs vest?

The 3,457 RSUs granted to Lonny J. Carpenter are scheduled to vest on May 3, 2027. Vesting is contingent on his continued service to Merit Medical Systems through that vesting date, according to the Form 4 footnote.

Under which plan were Lonny J. Carpenter’s MMSI RSUs granted?

The RSUs were granted under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan. This plan authorizes equity awards such as restricted stock units to directors, officers, and other eligible participants as part of their overall compensation.

How many MMSI shares does Lonny J. Carpenter hold after this RSU grant?

After the reported transaction, Lonny J. Carpenter reports direct ownership of 20,824 shares of Merit Medical Systems common stock. This figure reflects his position following the RSU grant disclosed in the Form 4 filing with the SEC.

Was Lonny J. Carpenter’s MMSI transaction a market purchase or sale?

The transaction was not a market purchase or sale; it was an equity grant. The Form 4 lists transaction code “A” for a grant or award, with a price per share of zero, indicating compensation rather than an open-market trade.