Michael Farrell to sell 4,991 RMD shares (NYSE: RMD)

Rhea-AI Filing Summary

Michael Farrell submitted a Rule 144 notice to sell 4,991 shares of Common Stock on 07/07/2026 via a stock option exercise to be settled for cash. The filing also lists three prior sales of 4,991 shares each on 04/07/2026, 05/07/2026, and 06/08/2026 with proceeds shown in the excerpt.

Insights

Equity Compensation Analyst

Rule 144 notice records option exercise and planned resale of 4,991 shares on 07/07/2026.

The excerpt shows a stock option exercise listed for 07/07/2026 with settlement noted as Cash. The filing names Michael Farrell and records identical prior dispositions of 4,991 shares on 04/07/2026, 05/07/2026, and 06/08/2026.

Timing and cash treatment are explicit in the excerpt; subsequent filing updates or trade reports would show whether the shares were actually sold in the market.

Key Figures

Planned sale per notice: 4,991 shares Prior sale 1 proceeds: 1,125,486.47 Prior sale 2 proceeds: 1,037,232.61 +2 more

5 metrics

Planned sale per notice 4,991 shares Stock Option Exercise on <date>07/07/2026</date>

Prior sale 1 proceeds 1,125,486.47 Proceeds shown for <date>04/07/2026</date> sale of 4,991 shares

Prior sale 2 proceeds 1,037,232.61 Proceeds shown for <date>05/07/2026</date> sale of 4,991 shares

Prior sale 3 proceeds 968,064.34 Proceeds shown for <date>06/08/2026</date> sale of 4,991 shares

Listed proceeds value (other row) 1,094,725.94 Value appearing alongside broker line in the excerpt

Key Terms

Stock Option Exercise, Rule 144, Fidelity Brokerage Services LLC

3 terms

Stock Option Exercise financial

"Stock Option Exercise | Issuer | 4991 | 07/07/2026 | Cash"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Rule 144 regulatory

"form_type: 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Fidelity Brokerage Services LLC market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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Available on EDGAR 07/07/2026 - 10:11 AM Accepted by SEC EDGAR 07/07/2026 - 10:07 AM Learn about SEC filing dates

FAQ

What did the RMD Form 144 filing report about Michael Farrell's shares?

The filing reports a planned sale of 4,991 shares via a stock option exercise on 07/07/2026. It also lists three prior sales of 4,991 shares each in April, May, and June 2026 with proceeds shown in the excerpt.

Does the excerpt state how the July 7, 2026 transaction will be settled for RMD?

Yes. The excerpt specifically lists the July transaction as a Stock Option Exercise with settlement method labeled as Cash. No further settlement mechanics are provided in the excerpt.

How many shares were sold in the prior three months according to the excerpt?

The excerpt lists three prior dispositions, each of 4,991 shares, on 04/07/2026, 05/07/2026, and 06/08/2026. Each row includes a proceeds figure shown in the excerpt.

Who is the named broker or intermediary in the filing excerpt for these RMD transactions?

The excerpt names Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield RI as the broker/agent for the listed Common Stock entries in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	4991	1094725.94	145056384	07/07/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/07/2026	Stock Option Exercise	Issuer			4991	07/07/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael Farrell 9001 Spectrum Center Blvd. San Diego CA 92123	Common	04/07/2026	4991	1125486.47
Michael Farrell 9001 Spectrum Center Blvd. San Diego CA 92123	Common	05/07/2026	4991	1037232.61
Michael Farrell 9001 Spectrum Center Blvd. San Diego CA 92123	Common	06/08/2026	4991	968064.34

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)