Form 4: Medtronic Director Craig Arnold Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Director Craig Arnold reports acquisition of restricted stock units and subsequent tax withholding.
Summary
- Craig Arnold, a director of Medtronic plc, reported transactions involving Medtronic ordinary shares.
- On April 28, 2025, Arnold acquired 2,083 shares of restricted stock units at a price of $84.04 per share.
- These restricted stock units vest on the one-year anniversary of the award date.
- On April 29, 2025, 216 shares were disposed of at $84.6 for payment of taxes upon vesting of restricted stock units.
- Following these transactions, Arnold beneficially owns 40,216 ordinary shares.
- Arnold has also granted a Power of Attorney to several individuals to handle SEC filings on his behalf.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing, reflecting standard transactions. Sentiment is neutral.
Future Outlook
The restricted stock units vest on the one-year anniversary of the award date.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| April 3, 2025 | Date of execution for Power of Attorney. |
| April 28, 2025 | Acquisition of 2,083 restricted stock units at $84.04. |
| April 29, 2025 | Disposition of 216 shares for tax withholding at $84.6. |
| April 30, 2025 | Date of signature for the report. |
Keywords
Form 4, Medtronic, Director, Stock Award, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Power of Attorney, SEC Filing
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