Lee Joon Sup 4

What Happened

• Lee Joon Sup, a director of Medtronic plc (MDT), received an award of 1,803 restricted stock units (RSUs) on April 27, 2026. The filing shows an acquisition price of $0.00 for these units (typical for RSU grants); no immediate cash transaction occurred.

Key Details

• Transaction date: 2026-04-27; SEC Form 4 filed: 2026-04-29 (filed on time).
• Award: 1,803 RSUs; reported acquisition price: $0.00.
• Vesting: These RSUs vest on the one-year anniversary of the award (vest date: 2027-04-27) (see footnote F1).
• Shares owned after transaction: not specified in the Form 4.
• No indication of a sale, purchase, tax withholding, or 10b5-1 plan in the filing.

Context

• RSU awards are a common form of director/executive compensation intended to retain and align insiders with shareholders; they do not represent an immediate market purchase or sale. Because the units vest in one year, any future sale or retention after vesting could be informative, but the grant itself is routine compensation and should not be interpreted by itself as a buy/sell signal.