Ward Lynne N. 4
Research Summary
AI-generated summary
Merit Medical (MMSI) Director Lynne Ward Sells 5,000 Shares
What Happened
Lynne N. Ward, a director of Merit Medical Systems, Inc. (MMSI), sold 5,000 company shares in an open-market transaction on May 7, 2026. The reported weighted-average price was $62.61, for aggregate proceeds of approximately $313,035. This was a sale (Disposition), not a purchase or option exercise.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (appears timely under the two-business-day rule).
- Price: weighted average $62.61; actual sale prices ranged from $62.395 to $62.815 per share (sold in multiple transactions).
- Shares sold: 5,000; proceeds ≈ $313,035.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: Reporting person can provide a breakdown of the number of shares sold at each price within the reported range upon request.
- Transaction code: S = Sale (open market/private sale).
Context
This was a straight sale by a company director. Sales by insiders can be routine (e.g., for diversification, tax, or personal reasons) and do not by themselves indicate a change in company outlook. No option exercises, awards, or gifts are involved in this filing.