ResMed (RMD) CEO Michael Farrell sells 4,991 shares after option exercise
Rhea-AI Filing Summary
ResMed Inc. Chairman and CEO Michael J. Farrell reported an option exercise and share sale. On 12/08/2025, he exercised 4,991 ResMed common stock options at an exercise price of $146.34 per share, converting them into the same number of common shares.
On the same date, he sold 4,991 ResMed common shares at a weighted average price of $251.4117 per share under a Rule 10b5-1 trading plan adopted on October 31, 2024. After these transactions, he directly owned 466,223 ResMed shares, held 2,090 shares indirectly through the Lisette and Michael Farrell Family Trust, and beneficially owned 54,903 stock options with underlying ResMed shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | ResMed Common Stock Options | 4,991 | $0.00 | -- |
| Exercise | ResMed Common Stock | 4,991 | $146.34 | $730K |
| Sale | ResMed Common Stock | 4,991 | $251.4117 | $1.25M |
| holding | ResMed Common Stock | -- | -- | -- |
Footnotes (1)
- The transaction was conducted under a Rule 10b5-1 plan adopted October 31, 2024. This transaction was executed in multiple trades at prices ranging from $249.63 - $255.775. The price reported above reflects the weighted average sale price. Represents date options first become exercisable. Options vest 1/3 per year.
FAQ
What insider transaction did ResMed (RMD) report for its CEO?
ResMed reported that Chairman and CEO Michael J. Farrell exercised 4,991 stock options at $146.34 per share and sold 4,991 common shares on 12/08/2025.
Was the ResMed (RMD) CEO transaction under a Rule 10b5-1 plan?
Yes. The filing states the transaction was conducted under a Rule 10b5-1 trading plan that was adopted on October 31, 2024.
How many ResMed (RMD) stock options does the CEO still hold?
Following the option exercise and sale, he beneficially owned 54,903 ResMed common stock options, with underlying ResMed shares.
When do the ResMed (RMD) CEO stock options vest and expire?
The exercised options first became exercisable on 11/11/2020, vesting one-third per year, and have an expiration date of 11/21/2026.