ResMed (NYSE: RMD) counsel surrenders shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ResMed Inc Global General Counsel Michael J. Rider reported a small tax-related share disposition. On June 1, 2026, 268.742 shares of ResMed common stock were surrendered at $190.57 per share to cover tax withholding on the vesting of Restricted Stock Units that were granted on June 1, 2023. This was a tax-withholding mechanism, not an open-market sale. After this transaction, Rider directly holds 9,488 shares of ResMed common stock, which includes 66.0288 shares purchased on April 30, 2026 through the ResMed Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rider Michael J
Role
Global General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | ResMed Common Stock | 268.742 | $190.57 | $51K |
Holdings After Transaction:
ResMed Common Stock — 9,488 shares (Direct, null)
Footnotes (1)
- Disposition to issuer for tax withholding on vesting of Restricted Stock Units granted on 06/01/2023. Includes 66.0288 shares of Resmed stock purchased on April 30, 2026 through the Resmed Employee Stock Purchase Plan.
Key Figures
Tax-withholding shares: 268.742 shares
Tax-withholding price: $190.57 per share
Post-transaction holdings: 9,488 shares
+1 more
4 metrics
Tax-withholding shares
268.742 shares
Shares delivered for tax withholding on RSU vesting on June 1, 2026
Tax-withholding price
$190.57 per share
Value per share for tax-withholding disposition
Post-transaction holdings
9,488 shares
Common shares directly held after the transaction
ESPP shares included
66.0288 shares
Purchased April 30, 2026 via ResMed Employee Stock Purchase Plan
Key Terms
Restricted Stock Units, Resmed Employee Stock Purchase Plan, tax-withholding disposition
3 terms
Restricted Stock Units financial
"Restricted Stock Units granted on 06/01/2023."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Resmed Employee Stock Purchase Plan financial
"shares of Resmed stock purchased on April 30, 2026 through the Resmed Employee Stock Purchase Plan."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did ResMed (RMD) Global General Counsel Michael Rider report?
Michael J. Rider reported a tax-related share disposition. He surrendered 268.742 ResMed common shares at $190.57 each to cover withholding taxes on vesting Restricted Stock Units granted on June 1, 2023.
Was Michael Rider’s June 1, 2026 ResMed (RMD) transaction an open-market sale?
No, the June 1, 2026 transaction was not an open-market sale. Shares were delivered back to the issuer solely to satisfy tax withholding on vesting Restricted Stock Units granted in 2023.
What role did Restricted Stock Units play in Michael Rider’s ResMed (RMD) Form 4 filing?
The filing reflects tax withholding on vesting Restricted Stock Units. Units granted on June 1, 2023 vested, and 268.742 shares were delivered to the issuer to satisfy associated tax obligations instead of being sold in the open market.
What is noted about the ResMed Employee Stock Purchase Plan in Michael Rider’s holdings?
Michael Rider’s reported holdings include 66.0288 ResMed shares purchased through the ResMed Employee Stock Purchase Plan. These shares were acquired on April 30, 2026 and form part of his total 9,488 directly held shares.