KIIL HARRY SKIP 4
Research Summary
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MDT EVP Harry Kiil Withholds 6,817 Shares for Taxes
What Happened Harry Kiil, Executive Vice President & President, Cardiovascular at Medtronic (MDT), had 6,817 shares withheld to cover taxes related to the settlement of performance-vesting restricted stock units. The withheld shares were valued at $83.32 each, totaling $567,992. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-04
- Price per share: $83.32; Total value of shares withheld: $567,992
- Transaction code: F (shares withheld to satisfy tax withholding obligations)
- Footnote: F1 — represents shares withheld for taxes upon settlement of performance-vesting RSUs that vested on April 24, 2026
- Shares owned after the transaction: not specified in the provided filing
- Filing date/accession: Form filed 2026-06-08 (filed timely under the 2-business-day rule)
Context This was a routine tax-withholding event on vested RSUs (a cashless/withholding settlement), which is common for executives and does not by itself indicate a buy or sell signal about the insider's view of the company.