Carpenter Lonny J. 4

What Happened Lonny J. Carpenter, a director of Merit Medical Systems, Inc. (MMSI), received a grant of 3,457 restricted stock units (RSUs) reported on Form 4. The grant is reported at $0.00 per share on the Form (common for RSU awards) and will convert to shares only upon vesting. This was an award (not a purchase or sale) and does not involve an immediate cash transaction.

Key Details

• Transaction type: Award/Grant (Code A) — 3,457 RSUs granted.
• Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (appears timely).
• Price reported: $0.00 (RSUs are settled at vesting; no cash paid now).
• Vesting: RSUs vest on May 3, 2027, subject to continued service (see footnote F1).
• Shares owned after transaction: not disclosed in the filing.
• No immediate sale or tax-withholding reported in this filing.

Context RSUs are deferred equity awards that convert to actual shares when they vest; they are commonly used for director compensation. Because this is a grant rather than a market purchase or sale, it doesn’t directly indicate the insider buying or selling stock today. Retail investors should note vesting conditions and timing — the award only becomes stake-bearing stock if Carpenter remains in service through May 3, 2027.