Merck EVP Maraldo files initial ownership report
Merck & Co., Inc. executive David R. Maraldo reports his equity holdings.
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Form Type
3
Rhea-AI Filing Summary
Merck & Co., Inc. executive David R. Maraldo reports his equity holdings. He holds 17,819.434 shares of common stock directly and 8,359.140 shares through a 401(k) plan. He also holds multiple stock options covering 8,060 to 9,709 shares each, with exercise prices from $73.73 to $129.22, plus restricted stock units for 2,361, 581, and 552 shares that vest in scheduled installments.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Maraldo David R.
Role
EVP & Pres. MMD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock - 401(k) Plan | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,494 contracts (Direct);
Stock Option (Right to Buy) — 45,013 contracts (Direct);
Common Stock — 17,819.434 shares (Direct);
Common Stock - 401(k) Plan — 8,359.14 shares (Indirect, By 401 (k))
Footnotes (9)
- F1. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 5/2/2024, 5/2/2025,and 5/2/2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of Merck & Co., Inc. common stock.
- F3. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 4/30/2025, 4/30/2026, and, 4/30/2027.
- F4. These restricted stock units vest and are distributed as shares of Merck & Co., Inc. common stock in three equal installments on 4/29/2026, 4/29/2027, and, 4/29/2028.
- F5. The options became exercisable in equal installments in on 5/4/2022, 5/4/2023, and 5/4/2024.
- F6. The options became exercisable in equal installments in on 5/5/2024, 5/5/2025, and 5/5/2026.
- F7. The options vest and become exercisable in equal installments on 5/2/2024, 5/2/2025, and 5/2/2026.
- F8. The options vest and become exercisable in equal installments on 4/30/2025, 4/30/2026, and 4/30/2027.
- F9. The options vest and become exercisable in equal installments on 4/29/2026, 4/29/2027, and 4/29/2028.
Key Figures
Direct common stock: 17,819.434 shares
401(k) common stock: 8,359.140 shares
Option grant 1: 8,060 shares at $84.71
+5 more
8 metrics
Direct common stock
17,819.434 shares
Total shares following transaction, direct ownership
401(k) common stock
8,359.140 shares
Total shares following transaction, indirect via 401(k) plan
Option grant 1
8,060 shares at $84.71
Stock Option (Right to Buy), expires 2035-04-28
Option grant 2
8,789 shares at $129.22
Stock Option (Right to Buy), expires 2034-04-29
Option grant 3
8,990 shares at $117.89
Stock Option (Right to Buy), expires 2033-05-01
Option grant 4
9,709 shares at $87.10
Stock Option (Right to Buy), expires 2032-05-02
RSU grant 1
2,361 units
Restricted Stock Unit, vests in three installments to 2028-04-29
RSU grant 2
581 units
Restricted Stock Unit, vests in three installments to 2027-04-30
Key Terms
Stock Option (Right to Buy), Restricted Stock Unit, 401(k) Plan, exercise price, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
Restricted Stock Unit financial
"security_title": "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
401(k) Plan financial
"security_title": "Common Stock - 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
exercise price financial
"conversion_or_exercise_price": "84.7100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2035-04-28T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the MRK Form 3 filing for David R. Maraldo show?
The filing shows David R. Maraldo’s initial ownership in Merck stock. It details direct and 401(k) common stock holdings, several stock option grants with specific exercise prices and expirations, and restricted stock units that convert into shares over future vesting dates.
What stock options for Merck (MRK) are reported for David R. Maraldo?
He holds several Stock Option (Right to Buy) positions on Merck common stock, covering 8,060 to 9,709 underlying shares each. Exercise prices range from $73.73 to $129.22, with expiration dates between 2031 and 2035.
What restricted stock units does David R. Maraldo have in Merck?
The filing lists restricted stock units for 2,361, 581, and 552 underlying Merck shares. Footnotes state these RSUs vest and are distributed in three equal installments on specified dates between 2024 and 2028, each unit representing one share.
Do the restricted stock units in MRK automatically convert into common stock?
Each restricted stock unit represents a contingent right to receive one Merck common share. According to the footnotes, these RSUs vest and are distributed as shares in three equal installments on scheduled dates outlined for each grant.
Are there any buy or sell transactions reported in this MRK Form 3?
The data show holding entries only, not explicit purchases or sales. It lists current common stock, option, and restricted stock unit positions, along with vesting and exercisability schedules, rather than reporting new open-market trades or dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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