McDonnell Michael R. 4

What Happened

• Michael R. McDonnell, a director of Merit Medical Systems, Inc. (MMSI), was granted 3,457 restricted stock units (RSUs) on May 18, 2026.
• The Form 4 reports an acquisition price of $0.00 for the RSUs (typical for equity awards); the filing shows $0 cash paid. The RSUs vest on May 3, 2027 and vesting is conditioned on continued service to the company.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely filing).
• Transaction type/code: Grant/Award (A).
• Units granted: 3,457 RSUs; reported acquisition price: $0.00; reported cash amount: $0.
• Vesting: May 3, 2027, contingent on continued service (see footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Footnote F1: Confirms the RSUs are granted under the 2026 Equity Incentive Plan and vest only with continued service through the vesting date.

Context

• RSU grants are compensation awards that don’t involve an immediate cash purchase; they convert into shares (and typically create taxable income) only when they vest.
• Such awards are common as part of director/executive pay and do not by themselves indicate a buy/sell market signal.