Form 4: Medtronic Executive Brett A. Wall Reports Stock Transactions
SEC Form 4 Filing
EVP Brett A. Wall reports acquisition and disposal of Medtronic plc ordinary shares related to performance share unit vesting and tax withholding.
Summary
- Brett A. Wall, an Executive Vice President at Medtronic plc, reported transactions involving the company's ordinary shares on August 2, 2024.
- These transactions include the acquisition of 5,311 shares upon the settlement of performance-vesting restricted stock units at a price of $0.
- Wall also disposed of 2,362 shares at $81.51 and 2,701 shares at $81.51 to cover tax obligations related to the vesting of restricted stock units.
- Following these transactions, Wall directly owns 44,106 ordinary shares of Medtronic plc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Medtronic.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 08/02/2021 | Date of grant for performance-vesting restricted stock units that settled on August 2, 2024. |
| 08/02/2024 | Date of transactions: acquisition of shares from performance share unit settlement and disposal of shares for tax withholding. |
| 08/06/2024 | Date of signature for the Form 4 filing. |
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