Medtronic (MDT) EVP Quinn Michelle Withholds 2,069 Shares for Taxes

What Happened

• Quinn Michelle, Executive Vice President, General Counsel and Secretary of Medtronic (MDT), had 2,069 shares withheld to satisfy tax obligations upon the vesting of restricted stock units. The withholding was at $86.88 per share, equal to $179,755, and is reported as a disposition (tax withholding) on July 28, 2026.

Key Details

• Transaction date and price: July 28, 2026 — 2,069 shares at $86.88 per share (total $179,755).
• Transaction type: Tax withholding upon vesting of RSUs (Form 4 code F).
• Footnotes: F1 — shares withheld to pay taxes on vested RSUs; F2 — filing notes 697 shares were acquired via dividend reinvestment since the last report.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed July 29, 2026 (covers activity through 7/28/2026) — appears timely.

Context

• This was a tax-withholding disposition tied to RSU vesting (a routine administrative transaction), not an open-market sale or purchase. Such withholdings reduce the insider’s net shares but do not necessarily indicate a change in the insider’s view of the company.