Ward Scott R. 4

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.