Medtronic (MDT) Chief Accounting Officer Denise Blomquist Gifts 600 Shares

What Happened Denise L. Blomquist, Medtronic's Chief Accounting Officer, reported a gift/disposition of 600 shares on September 15, 2026. The filing shows the shares were transferred as a gift (transaction code G) with an effective price of $0.00, so no cash proceeds were reported. This was a gift (disposition), not a purchase or sale for cash.

Key Details

• Transaction date: 2026-09-15 (reported on Form 4 filed 2026-09-16)
• Transaction type/code: Gift (G)
• Shares transferred: 600 shares
• Price/proceeds: $0.00 reported (no cash received)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/plan: none disclosed in the excerpt
• Timeliness: filing appears timely (reported the next business day)

Context Gift transactions are transfers of shares (often for personal, estate, or philanthropic reasons) and do not necessarily indicate the insider's view of the company’s prospects. For retail investors, purchases are generally more informative about insider sentiment; gifts are neutral factual disclosures.