ResMed Inc: global general counsel Michael J Rider sold 400 shares

What happened Michael J Rider, global general counsel, sold 400 shares of ResMed Inc on Oct 23, 2026. The Form 4 filed Oct 26, 2026 shows the shares were sold at $255.00 per share for $102,000.

Key details

• Transaction type and code: open market or private sale (S).
• Transaction date and price: Oct 23, 2026 — 400 shares at $255.00 per share.
• Total value reported: $102,000.
• Shares owned after the transaction: not reported in the filing excerpt provided.
• Footnote: the transaction was conducted under a Rule 10b5-1 plan adopted Feb 28, 2025.
• Report filed: Oct 26, 2026.

Why it may matter

• The filing shows an open-market sale reported under code S, not an option exercise or a gift.
• The filing notes the sale was made under a pre-established Rule 10b5-1 plan adopted Feb 28, 2025.
• A filing does not show why the insider traded or why the company acted.