Form 4: ResMed Director Peter C. Farrell Gifts Shares to Charitable Trust

Director Peter C. Farrell gifted 68,200 shares of ResMed common stock to a charitable remainder trust, resulting in a decrease in his directly held shares.

Summary

• Peter C. Farrell, a director at ResMed Inc., reported a change in beneficial ownership on May 16, 2024.
• On May 15, 2024, Farrell gifted 68,200 shares of ResMed common stock to Bank of America, N.A., as Successor Trustee of the Peter C. Farrell Charitable Remainder Trust.
• The transaction resulted in a decrease in Farrell's directly held shares, from 89,204 to 21,004.
• Farrell states that he has no beneficial interest, control, or dispositive power over the gifted shares.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (gift of shares to a charitable trust) by a company director. It doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Management Comments

• Dr. Farrell has no beneficial interest, control or dispositive power over the gifted shares.

Key Dates