ResMed (NYSE: RMD) CEO sells 4,991 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RESMED INC Chairman and CEO Michael J. Farrell reported an exercise-and-sale transaction in company stock. On June 8, 2026, he exercised options to acquire 4,991 shares of ResMed Common Stock at $146.34 per share and sold the same 4,991 shares in open-market trades at a $193.962 weighted average price. The sales were executed in multiple trades between $192.605 and $194.715 under a pre-arranged Rule 10b5-1 plan adopted October 31, 2024. Following these transactions, he directly held 466,256 ResMed shares, with 2,090 shares held indirectly through the Lisette and Michael Farrell Family Trust and 24,957 stock options remaining outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,991 shares ($968,064)
Net Sell
4 txns
Insider
Farrell Michael J.
Role
Chairman and CEO
Sold
4,991 shs ($968K)
| 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 | $193.962 | $968K |
| holding | ResMed Common Stock | -- | -- | -- |
Holdings After Transaction:
ResMed Common Stock Options — 24,957 shares (Direct, null);
ResMed Common Stock — 471,214 shares (Direct, null);
ResMed Common Stock — 2,090 shares (Indirect, Lisette and Michael Farrell Family Trust)
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 $192.605 - $194.715. The price reported above reflects the weighted average sale price. Includes 32.671 shares of Resmed stock purchased on April 30, 2026 through the Resmed Employee Stock Purchase Plan.
Key Figures
Shares sold: 4,991 shares
Weighted average sale price: $193.962 per share
Option exercise price: $146.34 per share
+4 more
7 metrics
Shares sold
4,991 shares
Open-market sale of ResMed Common Stock on June 8, 2026
Weighted average sale price
$193.962 per share
Open-market sales executed between $192.605 and $194.715
Option exercise price
$146.34 per share
Exercise of options for 4,991 ResMed Common Stock shares
Direct holdings after transaction
466,256 shares
ResMed Common Stock directly owned by CEO after June 8, 2026
Indirect trust holdings
2,090 shares
Held through Lisette and Michael Farrell Family Trust
Options remaining
24,957 options
ResMed Common Stock options following the reported exercise
ESPP shares
32.671 shares
Purchased April 30, 2026 via ResMed Employee Stock Purchase Plan
Key Terms
Rule 10b5-1 plan, weighted average sale price, ResMed Employee Stock Purchase Plan, derivative security, +1 more
5 terms
Rule 10b5-1 plan financial
"The transaction was conducted under a Rule 10b5-1 plan adopted October 31, 2024."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
ResMed Employee Stock Purchase Plan financial
"Includes 32.671 shares of Resmed stock purchased on April 30, 2026 through the Resmed Employee Stock Purchase Plan."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did ResMed (RMD) CEO Michael Farrell report?
ResMed CEO Michael Farrell reported an option exercise-and-sale. He exercised options for 4,991 ResMed Common Stock shares at $146.34 each, then sold the same 4,991 shares in open-market trades at a $193.962 weighted average price on June 8, 2026.
What ResMed stock options did Michael Farrell exercise in this Form 4?
He exercised options covering 4,991 ResMed Common Stock shares at a $146.34 exercise price. These options, originally exercisable from November 11, 2020 and expiring November 21, 2026, decreased his option balance to 24,957 options following the exercise.
Does the Form 4 mention ResMed’s Employee Stock Purchase Plan (ESPP)?
Yes. A footnote explains that Michael Farrell’s holdings include 32.671 ResMed shares purchased on April 30, 2026 through the ResMed Employee Stock Purchase Plan, adding detail on how a portion of his share position was accumulated.