MiniMed (MMED) Chief HR Officer Gillian Chandrasena Withholds 2,099 Shares

What Happened

Gillian Chandrasena, SVP and Chief HR Officer of MiniMed Group, had 2,099 shares of common stock withheld to satisfy income tax withholding in connection with the vesting and net settlement of restricted stock units (RSUs). The withheld shares were recorded at $17.67 per share, totaling approximately $37,089. This was a tax-withholding/net-settlement transaction (not an open-market sale or purchase).

Key Details

• Transaction date: July 28, 2026; Form 4 filed July 29, 2026 (timely).
• Shares withheld: 2,099 shares at $17.67 per share; total value ≈ $37,089.
• Transaction code: F — payment of exercise price or tax liability via share withholding.
• Footnotes: F1 indicates shares were withheld to satisfy income tax withholding for RSU vesting; F2 notes shares to be issued in connection with vesting of one or more RSUs.
• Shares owned after the transaction: not specified in the filing.

Context

This was a routine net-settlement/tax-withholding event tied to RSU vesting (a common practice where a portion of vested shares are withheld to cover taxes). Such filings document tax/payment mechanics rather than a discretionary sale or purchase and should not be read as a directional buy/sell signal on its own.