Ward Scott R. 4
4 · MERIT MEDICAL SYSTEMS INC · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Merit Medical (MMSI) Director Scott R. Ward Receives RSU Award
What Happened
Scott R. Ward, a director of Merit Medical Systems, Inc. (MMSI), received a grant of 3,457 restricted stock units (RSUs) on 2026-05-18. The award was reported at a $0.00 acquisition price (typical for equity grants) — no cash was exchanged. The RSUs will vest on May 3, 2027, subject to continued service.
Key Details
- Transaction date: 2026-05-18 (filed 2026-05-19). Transaction type/code: A = Award/Grant.
- Shares/units granted: 3,457 RSUs; reported price: $0.00 (grant value not realized until vesting).
- Vesting: RSUs vest on May 3, 2027, contingent on continued service (per footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Reported the day after the report period; filing does not indicate a late report.
Context
An RSU grant is an equity award, not an open-market purchase or sale. It signals compensation/alignment with shareholders rather than an immediate buying or selling decision. The award will convert to stock only if/when it vests; tax withholding and share issuance typically occur at vesting.
Insider Transaction Report
Form 4
Ward Scott R.
Director
Transactions
- Award
Common Stock, No Par Value
[F1]2026-05-18+3,457→ 3,457 total
Footnotes (1)
- [F1]The reported transaction involved the reporting person's receipt of a grant of 3,457 restricted stock units (RSUs) under the Merit Medical Systems, Inc. 2026 Equity Incentive Plan. The RSUs granted to the reporting person will vest on May 3, 2027. Vesting of the RSUs is subject to continued service to the issuer through the vesting date.
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact|2026-05-19