Peterson Neil W. 4

What Happened

• Neil W. Peterson, Chief Operating Officer of Merit Medical Systems, received two equity awards on 2026-02-26: 7,690 restricted stock units (RSUs) and 17,002 shares issued following performance stock unit conditions — a total of 24,692 shares (granted at $0.00). On the same date he surrendered 6,061 shares of common stock to the company to satisfy payroll and income tax withholding obligations; those withheld shares were valued at $78.02 each for a withholding amount of $472,879. No open-market sale occurred.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (timely)
• Awards: 7,690 RSUs (F1) and 17,002 performance-based shares (F2), granted/acquired at $0.00
• Tax withholding: 6,061 shares surrendered (F3) at $78.02/share, total $472,879 (Disposed)
• Shares owned after transaction: not specified in the filing
• Notable footnotes:
  • F1: RSUs vest in three equal annual installments, subject to continued service; each RSU converts to one share on vesting.
  • F2: 17,002 shares were issued after the Compensation & Talent Development Committee determined performance conditions were met for PSU awards granted 02/28/2023.
  • F3: Shares were surrendered to cover payroll/income taxes; no open-market sale.
  • F4/F5 (included in filing): related vesting schedules for other option grants (25% annual vesting schedules).

Context

• This filing reflects equity compensation and routine tax withholding rather than a directional buy or sell by the insider. The RSU and performance-share grants are acquisitions of company stock contingent on vesting/performance; the surrendered shares are a common cashless/tax-withholding mechanism and do not represent an open-market sale.