ResMed (RMD) CEO sells 4,991 shares after exercising stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ResMed Inc. Chairman and CEO Michael J. Farrell reported an option exercise and related share sale. On February 9, 2026, he exercised 4,991 ResMed common stock options at an exercise price of $146.34 per share, receiving the same number of common shares.
That same day, he sold 4,991 ResMed common shares in market transactions at a weighted average price of $273.7801 per share under a Rule 10b5-1 trading plan adopted on October 31, 2024. After these transactions, he directly owned 466,223 ResMed common shares and held an additional 2,090 shares indirectly through the Lisette and Michael Farrell Family Trust, along with 44,921 stock options beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,991 shares ($1,366,436)
Net Sell
4 txns
Insider
Farrell Michael J.
Role
Chairman and CEO
Sold
4,991 shs ($1.37M)
| 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 | $273.7801 | $1.37M |
| holding | ResMed Common Stock | -- | -- | -- |
Holdings After Transaction:
ResMed Common Stock Options — 44,921 shares (Direct);
ResMed Common Stock — 471,214 shares (Direct);
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 $270.25 - $276.35. 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) CEO Michael Farrell report?
Michael J. Farrell reported exercising 4,991 ResMed common stock options and selling 4,991 common shares. The exercise price was $146.34 per share, and the sale used a weighted average price of $273.7801 per share on February 9, 2026, under a Rule 10b5-1 plan.
What derivative securities are involved in Michael Farrell’s ResMed (RMD) Form 4?
The filing shows ResMed common stock options with an exercise price of $146.34 per share. On February 9, 2026, 4,991 options were exercised into common shares, leaving 44,921 derivative securities beneficially owned, with options vesting one-third per year from the initial exercisable date.