Lofton Kevin E 4
4 · MiniMed Group, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
MiniMed (MMED) Director Kevin Lofton Receives 27,778-Share Award
What Happened Kevin E. Lofton, a director of MiniMed Group, Inc. (MMED), was granted 27,778 shares as an award (transaction code A) on March 9, 2026. The grant was recorded at $0.00 per share (no cash paid at grant). Footnotes indicate these are restricted stock units that vest on the one‑year anniversary of the grant date.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (filed two days after the grant).
- Grant: 27,778 shares; Price reported: $0.00; total cash paid at grant: $0.
- Vesting: Footnote F1 — RSUs vest on the one‑year anniversary of the grant.
- Footnote F2: Includes shares to be issued in connection with the vesting of one or more RSUs.
- Shares owned after transaction: Not specified in the provided filing details.
- Transaction type: Award/grant (A), not an open‑market purchase or sale.
Context Restricted stock units are a form of compensation that convert into shares (or the cash equivalent) only after vesting; they are common for aligning executives/directors with shareholder interests. This award does not involve an immediate purchase or sale of stock and should be viewed as compensation rather than a direct market bet.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-09+27,778→ 27,778 total
Footnotes (2)
- [F1]Represents restricted stock units that vest on the one-year anniversary of the grant date.
- [F2]Includes shares to be issued in connection with the vesting of one or more restricted stock units.