Blomquist Denise L. 4

What Happened Denise L. Blomquist, Chief Accounting Officer of Medtronic (MDT), received an award of 1,508 restricted stock units (RSUs) on April 27, 2026 (reported as an award at $0.00). On April 28, 2026, 318 shares were disposed/withheld at $81.90 per share to cover taxes, totaling approximately $26,044. The award itself carries no purchase price for the insider.

Key Details

• Transaction dates: Award (A) on 2026-04-27; tax-withholding (F) on 2026-04-28.
• Prices/values: RSU grant recorded at $0.00; 318 shares withheld at $81.90 each = $26,044 (approx.).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes from the filing:
  • F1: The RSUs vest in three annual installments beginning one year from the grant date.
  • F2: Filing notes 106 shares were acquired through dividend reinvestment since the last report.
  • F3: The 318-share disposition represents shares withheld for payment of taxes upon vesting of previously reported RSUs.
• Filing timeliness: Form 4 was filed 2026-04-29 covering 4/27–4/28 transactions; this appears to be a timely filing.

Context This was primarily an equity award (RSUs) plus routine tax withholding on vested shares. The withheld 318 shares were used to pay taxes (code F), which is a common administrative action and not an open-market sale signaling sentiment. The RSUs vest over time (three annual installments), so the award does not convert to immediately tradable shares in full.