Medtronic EVP Michael Marinaro Sells 1,084 Shares (Tax Withholding)

What Happened
Michael Marinaro, EVP and President of MedSurg and Americas at Medtronic (MDT), had 1,084 shares withheld/disposed to satisfy tax withholding obligations tied to vested restricted stock units. The shares were valued at $92.30 each, for a total of approximately $100,053, with the transaction dated August 20, 2026 and reported on a Form 4 filed August 24, 2026. This was a tax-withholding disposition (routine), not a voluntary open-market sale intended as a directional bet.

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-24 (filing appears timely).
• Price: $92.30 per share; Shares involved: 1,084; Total value ≈ $100,053.
• Transaction code: F — payment of tax liability via share withholding.
• Footnote: F1 indicates these shares were withheld to pay taxes upon vesting of previously reported RSUs.
• Shares owned after the transaction: not specified in the provided filing.

Context
Tax-withholding dispositions on Form 4 are common when restricted stock units vest; the company withholds or sells a portion of shares to cover required payroll/tax obligations. These transactions are administrative and do not, by themselves, indicate the insider’s view on the company’s stock price.