Form 4: Medtronic Director Lidia Fonseca Reports Stock Transaction
SEC Form 4 Filing
Director Lidia Fonseca reports a transaction involving Medtronic plc ordinary shares on May 1, 2024, where shares were withheld for tax obligations upon vesting of restricted stock units.
Summary
- On May 1, 2024, Lidia Fonseca, a director of Medtronic plc, had 162 ordinary shares withheld to cover tax obligations.
- The shares were withheld at a price of $80.89 per share.
- Following the transaction, Fonseca directly owns 3,682 ordinary shares of Medtronic plc.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) related to executive compensation, which is a normal part of company operations. There is no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the transaction where shares were withheld for tax obligations. |
| 05/03/2024 | Date of signature for the report. |
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