Ward Lynne N. 4

What Happened

• Lynne N. Ward, a director of Merit Medical Systems, Inc. (MMSI), received a grant of 3,457 restricted stock units (RSUs) on 2026-05-18. The reported acquisition price is $0.00, reflecting an equity award rather than a cash purchase. The RSUs will vest on May 3, 2027 and are conditioned on continued service through the vesting date.

Key Details

• Transaction date: 2026-05-18; Transaction type: Award/Grant (code A).
• Shares/units granted: 3,457 RSUs; reported price: $0.00; reported dollar value: $0.
• Vesting: RSUs vest on May 3, 2027 and are subject to continued service (see footnote).
• Shares owned after the transaction: not reported in the provided filing excerpt.
• Filing timeliness: Report filed 2026-05-19 for a 2026-05-18 transaction (appears timely).

Context

• RSUs are compensation awards that convert to shares (or are settled in cash) only upon vesting; they do not represent an immediate purchase or sale. Such grants are common for directors/executives as part of long-term incentive pay and do not, by themselves, indicate a buying or selling signal.