MiniMed (MMED) CEO reports 4,809-share tax withholding, holds 616,754 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiniMed Group, Inc. Chief Executive Officer Dallara Que reported a routine tax-related share disposition. On this Form 4, 4,809 shares of Common Stock were withheld by the company at $16.31 per share to cover income tax obligations tied to vesting RSUs. After this withholding, Que directly holds 616,754 shares, and the filing notes that this total includes shares to be issued upon future RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dallara Que
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,809 | $16.31 | $78K |
Holdings After Transaction:
Common Stock — 616,754 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock that have been withheld by MiniMed Group, Inc. to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of Restricted Stock Units ("RSUs"). Includes shares of Common Stock to be issued in connection with the vesting of one or more RSUs.
FAQ
What insider transaction did MiniMed Group (MMED) report for CEO Dallara Que?
MiniMed Group reported that CEO Dallara Que had 4,809 common shares withheld to cover income tax obligations from vesting RSUs. This was a tax-withholding disposition, not an open-market purchase or sale, and is a routine administrative transaction.
What does the tax-withholding code “F” mean in the MiniMed Group (MMED) Form 4?
The “F” code on the Form 4 indicates shares were disposed of to pay taxes or exercise costs. For MiniMed Group, 4,809 shares were withheld by the company to satisfy income tax obligations arising from the vesting and net settlement of RSUs.
Does the MiniMed Group (MMED) Form 4 indicate any option exercises or derivative transactions?
No derivative exercises are reported in this Form 4. The derivativeSummary shows no remaining derivative transactions in this filing, and the only reported activity is a single tax-withholding disposition of 4,809 common shares related to RSU vesting.
How significant is the MiniMed Group (MMED) CEO’s tax-withholding transaction for investors?
The transaction is administrative, reflecting 4,809 shares withheld for taxes on RSU vesting. Such F-code tax-withholding events typically do not signal a change in the CEO’s view of MiniMed Group stock, especially with 616,754 shares still held directly.