Form 4: Medtronic Director Andrea Jo Goldsmith Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Andrea Jo Goldsmith, a director at Medtronic plc, reported disposing of 192 ordinary shares on May 1, 2024, to cover tax obligations arising from vesting restricted stock units.
Summary
- On May 1, 2024, Andrea Jo Goldsmith, a director of Medtronic plc, disposed of 192 ordinary shares.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $80.89 per share.
- Following the transaction, Goldsmith directly owns 8,306 ordinary shares of Medtronic plc.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. There is no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders, providing transparency into their transactions and holdings in the company's stock. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Andrea Jo Goldsmith disposed of 192 ordinary shares. |
| 05/03/2024 | Date of signature: Form 4 signed by Thomas L. Osteraas, attorney-in-fact. |
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