Medtronic (MDT) files Form 3 showing 252.8M-share MiniMed ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Medtronic plc filed an initial ownership report for MiniMed Group, Inc., stating indirect beneficial ownership of 252,813,348 shares of MiniMed common stock. This Form 3 does not report new share purchases or sales, but formally records Medtronic as a more than 10% owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Medtronic plc
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 252,813,348 shares (Indirect, See remarks.)
Footnotes (1)
FAQ
What does Medtronic plc’s Form 3 filing for MiniMed Group (MMED) show?
The Form 3 shows Medtronic plc as a more than 10% owner of MiniMed Group, Inc., reporting indirect beneficial ownership of 252,813,348 MiniMed common shares. It establishes Medtronic’s significant stake rather than detailing new trades.
Does Medtronic’s Form 3 for MiniMed indicate recent buying or selling?
The Form 3 lists Medtronic’s indirect ownership of MiniMed shares but does not report specific buying or selling transactions. It serves as an initial statement of beneficial ownership rather than a record of recent trades in MiniMed stock.
What type of security is reported in Medtronic’s MiniMed Form 3?
The filing reports ownership of MiniMed Group, Inc. common stock. Medtronic’s Form 3 records indirect beneficial ownership of 252,813,348 common shares, confirming its status as a major shareholder in MiniMed through this class of equity security.