ResMed Officer & Director Michael J. Farrell Files Form 144 to Sell $1.13M Under 10b5-1 Plan
RESMED INC
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Filing Summary
Form 144 Notice of Proposed Sale: RESMED INC (NYSE: RMD)
- Insider: Farrell Michael J. (Officer, Director)
- Filing Date: October 7, 2026
- Proposed Sale Date: October 7, 2026
- Shares to Sell: 4,991 shares (Common)
- Aggregate Market Value: $1,129,637.70 (~$226.34/share)
- Acquisition Source: Stock Option Exercise (Cash payment to Issuer on 10/07/2026)
- Plan Adoption Date: October 31, 2024 (Rule 10b5-1)
- Broker: Fidelity Brokerage Services LLC
Comprehensive Analysis
Executive Summary
On October 7, 2026, Michael J. Farrell, Officer and Director of ResMed Inc. ($RMD), submitted a Form 144 filing declaring the intention to sell 4,991 shares of common stock with an aggregate market value of approximately $1.13 million.
Transaction Details
- Security: Common Stock
- Volume: 4,991 shares
- Estimated Price per Share: ~$226.34
- Total Proposed Proceeds: $1,129,637.70
- Acquisition Nature: Acquired on October 7, 2026, via stock option exercise from the issuer paid in cash.
- Trading Plan: Executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on October 31, 2024.
- Broker: Fidelity Brokerage Services LLC
Historical Context & Prior Sales
The filing reflects regular, scheduled sales of 4,991 shares per month over the prior three months:
- September 8, 2026: 4,991 shares sold for $1,110,190.55
- August 7, 2026: 4,991 shares sold for $1,026,596.29
- July 7, 2026: 4,991 shares sold for $1,090,770.57
Significance & Market Impact
Trading significance is rated Low. The transaction represents a routine, programmatic exercise and sale under an established Rule 10b5-1 plan. Relative to ResMed's 144,252,306 outstanding shares, the proposed sale of 4,991 shares accounts for approximately 0.003% of total common stock, presenting minimal market impact.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
