Form 4: Medtronic Director Scott C. Donnelly Reports Stock Transaction
SEC Form 4 Filing
Director Scott C. Donnelly 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, Scott C. Donnelly, a director of Medtronic plc, had 192 ordinary shares withheld to cover tax obligations.
- This transaction occurred at a price of $80.89 per share.
- Following the transaction, Donnelly directly owns 19,604 ordinary shares of Medtronic plc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, providing transparency to the market regarding the holdings and transactions of company directors. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction where shares were withheld for tax obligations. |
| 05/03/2024 | Date of signature for the report. |
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