Voigt Michel J. 4

What Happened
Michel J. Voigt, Chief Human Resources Officer of Merit Medical Systems (MMSI), was granted three awards of restricted stock units (RSUs) totaling 31,101 RSUs (7,690; 6,409; and 17,002 shares) on 2026-02-26 (recorded as acquisitions at $0.00). On the same date he surrendered 6,698 shares of common stock to the company to satisfy payroll and income tax withholding obligations; those shares were treated as a disposition at $78.02 per share, totaling $522,578. No open-market sale occurred — the shares were surrendered to the issuer for taxes.

Key Details

• Transaction date(s): 2026-02-26; Form filed 2026-03-02 (timely within SEC reporting window).
• Awards: 7,690 RSUs; 6,409 RSUs; 17,002 RSUs — total 31,101 RSUs granted (reported as acquisitions at $0.00).
• Tax withholding: 6,698 shares surrendered at $78.02/share = $522,578 (disposition code F). Filing notes that shares were surrendered for payroll and income taxes, not sold in the market.
• Vesting/conditions: RSUs generally vest over multi-year schedules (see footnotes) — some RSUs vest in three equal annual installments, others in two; separate performance stock units from 02/28/2023 were issued after committee determination.
• Shares owned after transaction: filing references plan holdings as of 02/26/2026 but does not state a total combined post-transaction common stock holding in the Form 4.
• Transaction codes: A = Award/Grant; F = Tax withholding (not a market sale).

Context

• These are awards (RSUs and performance-based shares), not open-market purchases or sales that would indicate immediate trading sentiment. The surrender of shares was purely to satisfy tax withholding on the awards (a common administrative action).
• For retail investors, awards increase potential future share dilution as RSUs vest, while the tax-surrender is routine and does not reflect a decision to liquidate holdings on the market.