ResMed counsel sells 50 shares at $260 each
ResMed Inc.'s Global General Counsel Michael J. Rider reported a small automatic share sale under a pre-set trading plan.
Rhea-AI Filing Summary
ResMed Inc.'s Global General Counsel Michael J. Rider reported a small automatic share sale under a pre-set trading plan. On 02/04/2026, he sold 50 shares of ResMed common stock at $260 per share in a transaction coded as a sale.
After this trade, he beneficially owned 9,691 shares, all reported as directly held. The filing notes that the transaction was conducted under a Rule 10b5-1 plan adopted on February 28, 2025, indicating it was pre-arranged rather than a discretionary market-timed trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ResMed Common Stock | 50 | $260.00 | $13K |
Footnotes (1)
- F1. The transaction was conducted under a Rule 10b5-1 plan adopted February 28, 2025.
FAQ
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What insider transaction did ResMed (RMD) report for Michael J. Rider?
Was the February 4, 2026 ResMed (RMD) insider sale discretionary or under a plan?
What role does the reporting person hold at ResMed (RMD) in this Form 4?
Does the ResMed (RMD) Form 4 involve derivative securities or only common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.