DONNELLY SCOTT C 4

What Happened

• Scott C. Donnelly, a director at Medtronic plc (MDT), was awarded 2,111 restricted stock units (RSUs) on 2026-04-27 (transaction code A). The award shows $0.00 acquisition price because RSUs are granted rather than purchased.
• On 2026-04-28, 207 shares were withheld to satisfy tax withholding obligations at $81.90 per share, a disposal valued at $16,953 (transaction code F).

Key Details

• Dates and prices: RSU grant on 2026-04-27 (A); tax withholding on 2026-04-28 (F) at $81.90/share for 207 shares (total $16,953).
• Shares owned after transaction: Not specified in the summary information provided in this prompt (see the full Form 4 for total beneficial ownership).
• Relevant footnotes:
  • F1: The RSUs vest one year after the award date.
  • F2: The filing notes 145 shares were acquired through dividend reinvestment since the last report.
  • F3: The 207 shares were withheld to pay taxes upon vesting of previously reported RSUs.
• Timeliness: Form 4 was filed 2026-04-29 for transactions on 2026-04-27 and 2026-04-28; this appears to be filed within the standard 2-business-day window.

Context

• RSU awards are compensation grants that convert to shares upon vesting; the grant itself is not a market buy signal. The tax-withholding (shares withheld) is a routine administrative action to satisfy tax obligations and results in a reduction of shares delivered to the insider, not an open-market sale.
• The F1 vesting schedule means these shares will become actual shares (and potentially taxable) on the one-year anniversary unless otherwise noted.