ResMed (RMD) legal chief pre-planned sale: 50 shares at $260
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 50 shares ($13,000)
Net Sell
1 txn
Insider
Rider Michael J
Role
Global General Counsel
Sold
50 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ResMed Common Stock | 50 | $260.00 | $13K |
Holdings After Transaction:
ResMed Common Stock — 9,691 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ResMed (RMD) report for Michael J. Rider?
ResMed reported that Global General Counsel Michael J. Rider sold 50 shares of ResMed common stock on February 4, 2026. The sale was reported as a non-derivative transaction at $260 per share under a pre-established Rule 10b5-1 trading plan.
Was the February 4, 2026 ResMed (RMD) insider sale discretionary or under a plan?
The filing states the transaction was conducted under a Rule 10b5-1 plan adopted on February 28, 2025. Such plans pre-schedule trades, indicating the February 4, 2026 sale was executed according to that pre-arranged trading program.
What role does the reporting person hold at ResMed (RMD) in this Form 4?
The reporting person, Michael J. Rider, is identified as ResMed’s Global General Counsel. He is not listed as a director or 10% owner, but as an officer, and this Form 4 reports his personal direct holdings and sale of common stock.
Does the ResMed (RMD) Form 4 involve derivative securities or only common stock?
This Form 4 only reports a transaction in ResMed common stock. Table II for derivative securities is present but contains no reported derivative acquisitions or dispositions, indicating the filing relates solely to a non-derivative common stock sale.