RMD Form 144 Reveals 3,000-Share Proposed Sale, Prior 9,883 Shares Sold
Rhea-AI Filing Summary
Form 144 notice for ResMed Inc. (RMD) shows proposed sales of common stock by an individual affiliated with the issuer. The filing lists a broker (Fidelity Brokerage Services) and an intended sale of 3,000 shares with an aggregate market value of $823,080 to be sold on 10/01/2025 on the NYSE. The filer acquired 1,000 shares on 11/11/2022 by restricted stock vesting (compensation) and 2,000 shares on 10/01/2025 via option exercise (options granted 11/14/2018) with cash payment. The form also discloses sales by the same person totaling 9,883 shares in the prior three months with gross proceeds reported for each sale.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider proposes modest sale of 3,000 shares; prior three-month sales total 9,883 shares, representing a de minimis stake relative to outstanding shares.
The filing identifies a scheduled sale through Fidelity of 3,000 ResMed common shares valued at $823,080, with prior disposals of 3,883, 3,000, and 3,000 shares in July, August, and September 2025 respectively. The filing documents acquisition types (restricted stock vesting and option exercise) and notes cash payment for the option exercise. Given the issuer's reported outstanding share count of 146,414,839, these transactions are a very small fraction of total shares outstanding and appear routine rather than company-changing.
TL;DR: Disclosure meets Rule 144 requirements; seller certifies lack of undisclosed material nonpublic information.
The form includes the standard attestation that the seller is not aware of material undisclosed information and provides acquisition history for the securities offered for sale. The use of a broker and explicit listing of acquisition dates and nature (vesting and option exercise) align with compliance expectations. No additional governance matters or atypical arrangements are disclosed in the filing.