Fonseca Lidia 4
Research Summary
AI-generated summary
Medtronic Director Lidia Fonseca Receives RSU Award, 207 Shares Withheld
What Happened
- Lidia Fonseca, a director of Medtronic plc (MDT), was granted 2,111 restricted stock units (RSUs) on 2026-04-27. The award price is $0.00 (standard for RSUs); these RSUs vest on the one-year anniversary of the grant.
- On 2026-04-28, 207 shares were withheld/disposed to satisfy tax withholding related to the vesting of previously reported RSUs. The withholding was at $81.90 per share, a value of $16,953.
- The RSU grant is compensation (not a market purchase), and the tax withholding is a routine administrative action.
Key Details
- Grant: 2,111 RSUs awarded on 2026-04-27 (vesting on one-year anniversary) — transaction code A (award/grant).
- Tax withholding: 207 shares withheld on 2026-04-28 at $81.90/share, total value $16,953 — transaction code F (tax payment/withholding).
- Footnotes: F1 = RSUs vest in one year; F2 = form notes 65 shares were acquired via dividend reinvestment since last report; F3 = 207 shares withheld to pay taxes on previously reported RSU vesting.
- Shares owned after the transactions are not specified on the provided data.
- Filing: Form 4 was filed with accession date 2026-04-29 (no late-filing flag indicated in the supplied details).
Context
- RSU grants are standard equity compensation for executives and directors and reflect future compensation if the recipient remains with the company until vesting — they are not the same as a market purchase.
- The share withholding is a common tax-withholding method when RSUs vest; it does not necessarily indicate a view on the company’s stock price.