Form 4: Medtronic Director Randall J. Hogan Acquires Shares and Restricted Stock Units

Director Randall J. Hogan acquired 2,165 ordinary shares and was granted restricted stock units of Medtronic plc on April 29, 2024.

Summary

• On April 29, 2024, Randall J. Hogan, a director of Medtronic plc, acquired 2,165 ordinary shares at a price of $80.86 per share.
• This acquisition was in the form of restricted stock units that will vest on the one-year anniversary of the award date.
• Following the transaction, Hogan beneficially owns 45,280 ordinary shares, which includes 66 shares acquired through dividend reinvestment since the last report.
• The reporting person has signed the document through an attorney-in-fact, Thomas L. Osteraas, on May 1, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. Insider buying is generally viewed positively, but this is a routine filing.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on the one-year anniversary of the award date.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates