Medtronic Director & Officer Geoffrey Martha Proposes $4.75M Share Sale

Executive Summary

On October 15, 2026, Geoffrey Martha, Officer and Director of Medtronic plc ($MDT), filed a Form 144 notice proposing the sale of 50,000 common shares through Fidelity Brokerage Services LLC. The estimated aggregate market value of the proposed transaction is $4,750,000.00, representing an implied share price of $95.00.

Transaction Details

• Securities to be Sold: 50,000 Common shares.
• Aggregate Market Value: $4,750,000.00.
• Approximate Sale Date: October 15, 2026.
• Source of Shares: The shares to be sold originated from a combination of restricted stock vestings between August 2018 and August 2023 (45,443 shares) and a stock option exercise on January 27, 2025 (4,557 shares).
• Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on July 16, 2026.

Market & Context

• Market Impact: The 50,000 shares represent an insignificant fraction (<0.01%) of Medtronic plc's 1,279,137,890 total shares outstanding.
• Trading Significance: Rated Medium. While the size is immaterial relative to total shares outstanding and executed under a pre-established Rule 10b5-1 trading plan, transactions by top leadership remain an area of interest for institutional investors and governance watchers.