Blomquist Denise L. 4

What Happened Denise L. Blomquist, Medtronic's Chief Accounting Officer, had 237 shares withheld to satisfy tax withholding related to the settlement of performance-vesting restricted stock units. The shares were valued at $83.32 each, for a total of $19,747, and the transaction is reported as a disposition (code F) on the Form 4 covering 2026-06-05.

Key Details

• Transaction date: 2026-06-05; Form 4 filed 2026-06-08.
• Action: 237 shares withheld to satisfy tax liability (Disposition, code F).
• Price reported: $83.32 per share; total value ≈ $19,747.
• Footnote: Shares were withheld for taxes upon settlement of performance-vesting RSUs that vested on April 24, 2026.
• Shares owned after transaction: not specified in the filing.
• No late filing indication in the reported Form 4.

Context This was a tax-withholding event tied to RSU vesting (a common administrative transaction), not an open-market sale or purchase that typically signals trading intent. For retail investors, such withholdings are routine and generally do not imply a change in the insider's view of the company.