Form 4: Medtronic Director Randall J. Hogan Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Randall J. Hogan, a director at Medtronic plc, reported disposing of 192 ordinary shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On May 1, 2024, Randall J. Hogan, a director of Medtronic plc, disposed of 192 ordinary shares.
- The shares were disposed of to cover tax obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $80.89 per share.
- Following the transaction, Hogan directly owns 45,088 ordinary shares of Medtronic plc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company director. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the transaction where 192 ordinary shares were disposed of. |
| 05/03/2024 | Date of signature for the Form 4 filing. |
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