ResMed CEO exercises options, sells 4,991 shares
ResMed Inc. Chairman and CEO Michael J. Farrell exercised options to acquire 4,991 shares of ResMed common stock at $146.34 per share, then sold 4,991 shares at a weighted average price of $251.0322 per share.
Rhea-AI Filing Summary
ResMed Inc. Chairman and CEO Michael J. Farrell exercised options to acquire 4,991 shares of ResMed common stock at $146.34 per share, then sold 4,991 shares at a weighted average price of $251.0322 per share. The filing notes the sale was conducted under a Rule 10b5-1 trading plan adopted on October 31, 2024. After these transactions, he holds 466,223 shares directly and 2,090 shares indirectly through the Lisette and Michael Farrell Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 4,991 shares ($523K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Farrell Michael J.
Role
Chairman and CEO
Sold
4,991 shs ($1.25M)
Approx. gross sale proceeds
$1.25M
Approx. exercise cost
$730K
Approx. pre-tax spread
$523K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | ResMed Common Stock Options | 4,991 | $0.00 | $0.00 |
| Exercise | ResMed Common Stock | 4,991 | $146.34 | $730K |
| Sale | ResMed Common Stock | 4,991 | $251.0322 | $1.25M |
| holding | ResMed Common Stock | -- | -- | -- |
Holdings After Transaction:
ResMed Common Stock Options — 39,930 contracts (Direct);
ResMed Common Stock — 466,223 shares (Direct);
ResMed Common Stock — 2,090 shares (Indirect, Lisette and Michael Farrell Family Trust)
Footnotes (3)
- F1. The transaction was conducted under a Rule 10b5-1 plan adopted October 31, 2024.
- F2. This transaction was executed in multiple trades at prices ranging from $246.83 - $253.09. The price reported above reflects the weighted average sale price.
- F3. Represents date options first become exercisable. Options vest 1/3 per year.
AI-generated analysis. How Rhea-AI works. Not financial advice.