ResMed CEO Sells 4,991 Shares After Option Exercise
ResMed Inc Chairman and CEO Michael J. Farrell exercised stock options and sold shares in a pre-planned transaction.
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Rhea-AI Filing Summary
ResMed Inc Chairman and CEO Michael J. Farrell exercised stock options and sold shares in a pre-planned transaction. He exercised options for 4,991 shares of ResMed common stock at an exercise price of $146.3400 per share, then sold 4,991 shares in open-market trades at a weighted average price of $218.5475 per share.
The sales were executed in multiple trades at prices ranging from $216.772 to $219.700 under a Rule 10b5-1 plan adopted on October 31, 2024. Following the transactions, Farrell directly holds 466,223 shares of ResMed common stock and indirectly holds 2,090 shares through the Lisette and Michael Farrell Family Trust, and 19,966 stock options remain outstanding.
Insider Trade Summary 10b5-1
| 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 | $218.5475 | $1.09M |
| holding | ResMed Common Stock | -- | -- | -- |
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 $216.772 - $219.700. The price reported above reflects the weighted average sale price.
- F3. Represents date options first become exercisable. Options vest 1/3 per year.
Key Figures
Key Terms
Rule 10b5-1 plan financial
weighted average sale price financial
ResMed Common Stock Options financial
open-market sale financial
FAQ
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