Medtronic (NYSE: MDT) CAO has 148 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medtronic plc’s Chief Accounting Officer, Denise L. Blomquist, reported an automatic share withholding related to equity compensation. On 01/29/2026, 148 Ordinary Shares were withheld at $101 per share to cover taxes upon the vesting of previously reported restricted stock units.
After this tax withholding, Blomquist beneficially owns 12,306 Medtronic Ordinary Shares directly, which includes 97 shares acquired through dividend reinvestment since her last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blomquist Denise L.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 148 | $101.00 | $15K |
Holdings After Transaction:
Ordinary Shares — 12,306 shares (Direct)
Footnotes (1)
- Represents shares withheld for payment of taxes upon the vesting of restricted stock units previously reported on Table I. Includes 97 shares acquired through dividend reinvestment since the last report filed by the reporting person.
FAQ
What insider transaction did Medtronic (MDT) report for Denise L. Blomquist?
Medtronic reported that Chief Accounting Officer Denise L. Blomquist had 148 Ordinary Shares withheld on 01/29/2026. The shares were withheld at $101 each to pay taxes due on vesting restricted stock units previously disclosed.
Was the Medtronic (MDT) insider transaction an open market sale?
No, the Medtronic transaction reflects shares withheld for taxes, not an open market sale. The 148 Ordinary Shares were retained by the company to satisfy tax obligations when restricted stock units vested for the executive.
What does the Form 4 footnote say about the Medtronic (MDT) tax withholding?
The footnote explains the 148 shares represent amounts withheld to pay taxes upon vesting of restricted stock units. These units were previously reported, and the withholding is a standard mechanism to cover income tax obligations for the equity award.
How were dividend reinvestments reported for Medtronic (MDT) insider Denise L. Blomquist?
The filing notes that her beneficial ownership figure includes 97 Ordinary Shares acquired through dividend reinvestment. These shares accumulated since the last report, increasing her direct holdings alongside the reported tax-withholding transaction.