Form 4: Medtronic Director Craig Arnold Reports Stock Transaction
SEC Form 4 Filing
Director Craig Arnold reported a transaction involving Medtronic plc ordinary shares on May 1, 2024, related to tax withholding upon vesting of restricted stock units.
Summary
- On May 1, 2024, Craig Arnold, a director of Medtronic plc, reported a transaction involving the company's ordinary shares.
- The transaction involved the withholding of 192 shares at a price of $80.89 per share to cover tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Arnold directly owns 38,275 ordinary shares of Medtronic plc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the stock transaction (tax withholding). |
| 05/03/2024 | Date of signature by attorney-in-fact. |
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