ResMed CEO sells 4,991 shares after option exercise
ResMed Inc. Chairman and CEO Michael J. Farrell reported an option exercise and related share sale.
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
| 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 | $273.7801 | $1.37M |
| 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 $270.25 - $276.35. The price reported above reflects the weighted average sale price.
- F3. Represents date options first become exercisable. Options vest 1/3 per year.
FAQ
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What insider transaction did ResMed (RMD) CEO Michael Farrell report?
What derivative securities are involved in Michael Farrell’s ResMed (RMD) Form 4?
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