FINHUB Insights

What the executives and directors of Medtronic actually did with their own shares, decoded from three years of SEC Form 4 filings.

−$9.1M net open-market flow, 12 m
2 open-market buys, 12 m
3% of sale value on 10b5-1 plans
346 days since an insider bought

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine
$50$1002024Jul2025Jul2026JulFong Ivan K — routine flow, 716 (2023-12-08)Wall Brett A. — routine flow, 435 (2023-12-08)WHITE ROBERT JOHN — routine flow, 369 (2023-12-08)Salmon Sean — routine flow, 435 (2023-12-08)Fong Ivan K — routine flow, 1,952 (2023-12-11)Kirk Jennifer M — routine flow, 1,159 (2024-02-01)Salmon Sean — routine flow, 30.7K (2024-02-21)Marinaro Michael — routine flow, 563 (2024-03-05)Lewis Gregory P — routine flow, 1,821 (2024-04-29)OLEARY DENISE M — routine flow, 2,357 (2024-05-01)ARNOLD CRAIG — routine flow, 2,357 (2024-05-01)HOGAN RANDALL J — routine flow, 2,357 (2024-05-01)DONNELLY SCOTT C — routine flow, 2,357 (2024-05-01)Powell Kendall J — routine flow, 2,357 (2024-05-01)Fonseca Lidia — routine flow, 2,327 (2024-05-01)Lofton Kevin E — routine flow, 2,357 (2024-05-01)NABEL ELIZABETH G — routine flow, 2,357 (2024-05-01)Goldsmith Andrea Jo — routine flow, 2,357 (2024-05-01)Martha Geoffrey — routine flow, 19.1K (2024-06-07)Walter Matthew R. — routine flow, 492 (2024-07-18)Fong Ivan K — routine flow, 36.5K (2024-08-02)Wall Brett A. — routine flow, 24.7K (2024-08-02)Smith Gregory L — routine flow, 22.2K (2024-08-02)Martha Geoffrey — routine flow, 77.1K (2024-08-02)Kirk Jennifer M — routine flow, 15.8K (2024-08-02)Salmon Sean — routine flow, 23.3K (2024-08-02)Marinaro Michael — routine flow, 16.8K (2024-08-02)Walter Matthew R. — routine flow, 8,750 (2024-08-02)PARKHILL KAREN L — routine flow, 13.9K (2024-08-02)Corona Gary Louis — routine flow, 8,966 (2024-08-15)Marinaro Michael — routine flow, 2,045 (2024-08-20)Kirk Jennifer M — routine flow, 646 (2024-12-06)Corona Gary Louis — routine flow, 662 (2024-12-06)Fong Ivan K — routine flow, 3,009 (2024-12-10)Fong Ivan K — routine flow, 532 (2024-12-16)Wall Brett A. — routine flow, 645 (2024-12-16)Martha Geoffrey — routine flow, 4,417 (2024-12-16)Salmon Sean — routine flow, 645 (2024-12-16)Wall Brett A. — routine flow, 6,850 (2025-01-08)Corona Gary Louis — routine flow, 11.3K (2025-01-21)Wall Brett A. — routine flow, 12.4K (2025-01-24)Martha Geoffrey — routine flow, 64.9K (2025-01-27)Marinaro Michael — routine flow, 4,418 (2025-01-27)Walter Matthew R. — routine flow, 2,511 (2025-01-27)Marinaro Michael — routine flow, 575 (2025-03-03)Pieton Thierry — routine flow, 61.5K (2025-03-03)Blomquist Denise L. — routine flow, 2,975 (2025-04-28)ARNOLD CRAIG — routine flow, 2,299 (2025-04-29)HOGAN RANDALL J — routine flow, 2,299 (2025-04-29)DONNELLY SCOTT C — routine flow, 2,299 (2025-04-29)Powell Kendall J — routine flow, 2,299 (2025-04-29)Fonseca Lidia — routine flow, 2,299 (2025-04-29)Lofton Kevin E — routine flow, 2,299 (2025-04-29)NABEL ELIZABETH G — routine flow, 2,299 (2025-04-29)Goldsmith Andrea Jo — routine flow, 2,299 (2025-04-29)Lewis Gregory P — routine flow, 2,264 (2025-04-29)Walter Matthew R. — routine flow, 34 (2025-05-02)Blomquist Denise L. — routine flow, 310 (2025-06-03)Quinn Michelle — routine flow, 21.7K (2025-07-28)Pieton Thierry — routine flow, 8,699 (2025-07-28)Wall Brett A. — routine flow, 36.6K (2025-08-01)Smith Gregory L — routine flow, 29.9K (2025-08-01)Martha Geoffrey — routine flow, 213K (2025-08-01)KIIL HARRY SKIP — routine flow, 25.6K (2025-08-01)Marinaro Michael — routine flow, 27.2K (2025-08-01)Walter Matthew R. — routine flow, 9,402 (2025-08-01)Blomquist Denise L. — routine flow, 3,235 (2025-08-01)Marinaro Michael — routine flow, 1,052 (2025-08-20)Blomquist Denise L. — routine flow, 170 (2025-11-20)KIIL HARRY SKIP — routine flow, 1,702 (2025-12-05)Wall Brett A. — routine flow, 439 (2025-12-15)Martha Geoffrey — routine flow, 1,564 (2025-12-15)Marinaro Michael — routine flow, 1,371 (2025-12-15)Blomquist Denise L. — routine flow, 148 (2026-01-29)KIIL HARRY SKIP — routine flow, 50.9K (2026-02-19)Blomquist Denise L. — routine flow, 340 (2026-02-20)Pieton Thierry — routine flow, 2,976 (2026-03-03)Jellison William R — routine flow, 1,444 (2026-04-27)Groetelaars John P — routine flow, 1,444 (2026-04-27)Lee Joon Sup — routine flow, 1,803 (2026-04-27)ARNOLD CRAIG — routine flow, 2,318 (2026-04-28)HOGAN RANDALL J — routine flow, 2,318 (2026-04-28)DONNELLY SCOTT C — routine flow, 2,318 (2026-04-28)Powell Kendall J — routine flow, 2,318 (2026-04-28)Fonseca Lidia — routine flow, 2,318 (2026-04-28)Lofton Kevin E — routine flow, 2,318 (2026-04-28)NABEL ELIZABETH G — routine flow, 2,318 (2026-04-28)Lewis Gregory P — routine flow, 2,318 (2026-04-28)Blomquist Denise L. — routine flow, 1,826 (2026-04-28)Walter Matthew R. — routine flow, 35 (2026-05-01)Wall Brett A. — routine flow, 26.9K (2026-05-26)Martha Geoffrey — routine flow, 95K (2026-05-26)KIIL HARRY SKIP — routine flow, 15.2K (2026-05-26)Marinaro Michael — routine flow, 19K (2026-05-26)Walter Matthew R. — routine flow, 9,149 (2026-05-26)Blomquist Denise L. — routine flow, 1,712 (2026-05-26)Martha Geoffrey — routine flow, 41.9K (2026-06-04)KIIL HARRY SKIP — routine flow, 6,817 (2026-06-04)Marinaro Michael — routine flow, 7,471 (2026-06-04)Walter Matthew R. — routine flow, 2,840 (2026-06-04)Blomquist Denise L. — routine flow, 237 (2026-06-05)Quinn Michelle — routine flow, 2,069 (2026-07-28)Martha Geoffrey — routine flow, 15.8K (2026-07-31)KIIL HARRY SKIP — routine flow, 3,074 (2026-07-31)Marinaro Michael — routine flow, 3,356 (2026-07-31)Walter Matthew R. — routine flow, 1,675 (2026-07-31)Blomquist Denise L. — routine flow, 212 (2026-07-31)Thompson Kweli — routine flow, 1,739 (2026-07-31)Martha Geoffrey — routine flow, 41.5K (2026-08-03)KIIL HARRY SKIP — routine flow, 9,230 (2026-08-03)Quinn Michelle — routine flow, 6,346 (2026-08-03)Marinaro Michael — routine flow, 57.1K (2026-08-03)Walter Matthew R. — routine flow, 5,769 (2026-08-03)Pieton Thierry — routine flow, 11.5K (2026-08-03)Blomquist Denise L. — routine flow, 2,337 (2026-08-03)Thompson Kweli — routine flow, 6,923 (2026-08-03)Routine: vests, tax, giftsWall Brett A. (Officer) — Planned sale (10b5-1): 1,000 @ $83.38 = $83K (2023-08-14)Wall Brett A. (Officer) — Planned sale (10b5-1): 4,997 @ $82.17 = $411K (2023-12-19)Wall Brett A. (Officer) — Planned sale (10b5-1): 9,850 @ $80.41 = $792K (2025-01-08)Wall Brett A. (Officer) — Planned sale (10b5-1): 12.4K @ $90 = $1.1M (2025-01-24)Walter Matthew R. (Officer) — Planned sale (10b5-1): 3,102 @ $83.15 = $258K (2026-07-08)Smith Gregory L (Officer) — Discretionary sale: 10K @ $83.84 = $838K (2023-08-23)Salmon Sean (Officer) — Discretionary sale: 30.7K @ $85.13 = $2.6M (2024-02-21)×3Marinaro Michael (Officer) — Discretionary sale: 854 @ $83.14 = $71K (2024-04-08)Martha Geoffrey (CEO) — Discretionary sale: 19.1K @ $83.77 = $1.6M (2024-06-07)KIIL HARRY SKIP (Officer) — Discretionary sale: 8,605 @ $91.58 = $788K (2025-09-03)Smith Gregory L (Officer) — Discretionary sale: 30K @ $101.95 = $3.1M (2025-11-19)×7KIIL HARRY SKIP (Officer) — Discretionary sale: 52.5K @ $97.71 = $5.1M (2026-02-19)×5KIIL HARRY SKIP (Officer) — Discretionary sale: 4,189 @ $80.44 = $337K (2026-06-08)Jellison William R (Director) — Open-market buy: 2,500 @ $92.73 = $232K (2025-08-22)Jellison William R (Director) — Open-market buy: 2,500 @ $92.37 = $231K (2025-08-25)Kiil $5.1MSmith $3.1M

Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.

Where the shares went, last 12 months

Granted: 163.9KGranted 163.9KVested / exercised: 217.8KVested / exercised 217.8KBought on market: 5,000Bought on market 5,000Withheld for tax: 98.5KWithheld for tax 98.5KPlanned sales (10b5-1): 3,102Planned sales (10b5-1) 3,102Discretionary sales: 95.3KDiscretionary sales 95.3KGifts: 510Gifts 510Kept: 189.2KKept 189.2K

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

Skin in the game

10020222023202420252026Salmon SeanSalmon 194.2

Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.

Who holds what

Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
Martha Geoffrey Chairman and CEO CEO 327.9K 2024-06-07
HOGAN RANDALL J Director 85.8K
Wall Brett A. EVP & Pres Neuroscience Officer 82.2K 2025-01-24
OLEARY DENISE M Director 77.1K 2015-02-26
Marinaro Michael EVP, Pres MedSurg and Americas Officer 71.3K 2024-04-08
Salmon Sean EVP & President Cardiovascular Officer 64.7K 2024-02-21
Fong Ivan K EVP GENERAL COUNSEL & SECR Officer 54.7K
Powell Kendall J Director 54.4K 2016-09-15
PARKHILL KAREN L EVP & Chief Financial Officer CFO 53.5K 2022-03-18
Smith Gregory L EVP Global Ops & Supply Chain Officer 51.8K $3.1M 2025-11-19
WHITE ROBERT JOHN EVP & Pres. Medical Surgical Officer 49.9K 2021-12-23
Pieton Thierry EVP & Chief Financial Officer CFO 49.6K
Corona Gary Louis Interim CFO CFO 44.3K
KIIL HARRY SKIP EVP & President Cardiovascular Officer 43.7K $6.3M 2026-06-08

Open-market trade log

Date Insider Type Shares Price Value Since trade Filed
2026-07-08 Walter Matthew R. (Officer) Planned sale (10b5-1) 3,102 $83.15 $258K 0% 2026-07-09
2026-06-08 KIIL HARRY SKIP (Officer) Discretionary sale 228 $80.45 $18K +3.4% 2026-06-09
2026-06-08 KIIL HARRY SKIP (Officer) Discretionary sale 3,961 $80.44 $319K +3.4% 2026-06-09
2026-02-19 KIIL HARRY SKIP (Officer) Discretionary sale 385 $97.82 $38K -15% 2026-02-26 late
2026-02-19 KIIL HARRY SKIP (Officer) Discretionary sale 668 $97.83 $65K -15% 2026-02-26 late
2026-02-19 KIIL HARRY SKIP (Officer) Discretionary sale 1,648 $97.86 $161K -15% 2026-02-26 late
2026-02-19 KIIL HARRY SKIP (Officer) Discretionary sale 19.3K $97.77 $1.9M -15% 2026-02-26 late
2026-02-19 KIIL HARRY SKIP (Officer) Discretionary sale 30.6K $97.66 $3M -14.9% 2026-02-26 late
2025-11-19 Smith Gregory L (Officer) Discretionary sale 227 $102.05 $23K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 325 $102.06 $33K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 500 $102.08 $51K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 825 $102.04 $84K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 1,942 $101.99 $198K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 1,995 $102.03 $204K -18.5% 2025-11-21
2025-11-19 Smith Gregory L (Officer) Discretionary sale 24.2K $101.93 $2.5M -18.4% 2025-11-21
2025-09-03 KIIL HARRY SKIP (Officer) Discretionary sale 200 $91.59 $18K -9.2% 2025-09-05
2025-09-03 KIIL HARRY SKIP (Officer) Discretionary sale 8,405 $91.58 $770K -9.2% 2025-09-05
2025-08-25 Jellison William R (Director) Open-market buy 2,500 $92.37 $231K -10% 2025-08-25
2025-08-22 Jellison William R (Director) Open-market buy 2,500 $92.73 $232K -10.3% 2025-08-25
2025-01-24 Wall Brett A. (Officer) Planned sale (10b5-1) 12.4K $90.00 $1.1M -7.6% 2025-01-27
2025-01-08 Wall Brett A. (Officer) Planned sale (10b5-1) 3,000 $80.41 $241K +3.4% 2025-01-10
2025-01-08 Wall Brett A. (Officer) Planned sale (10b5-1) 6,850 $80.41 $551K +3.4% 2025-01-10
2024-06-07 Martha Geoffrey (CEO) Discretionary sale 1,594 $83.82 $134K -0.8% 2024-06-11
2024-06-07 Martha Geoffrey (CEO) Discretionary sale 17.5K $83.76 $1.5M -0.7% 2024-06-11
2024-04-08 Marinaro Michael (Officer) Discretionary sale 854 $83.14 $71K +0% 2024-04-09
2024-02-21 Salmon Sean (Officer) Discretionary sale 1,594 $85.06 $136K -2.3% 2024-02-23
2024-02-21 Salmon Sean (Officer) Discretionary sale 13.1K $85.15 $1.1M -2.4% 2024-02-23
2024-02-21 Salmon Sean (Officer) Discretionary sale 16K $85.12 $1.4M -2.3% 2024-02-23
2023-12-19 Wall Brett A. (Officer) Planned sale (10b5-1) 4,997 $82.17 $411K +1.2% 2023-12-20
2023-08-23 Smith Gregory L (Officer) Discretionary sale 10K $83.84 $838K -0.8% 2023-08-25
2023-08-14 Wall Brett A. (Officer) Planned sale (10b5-1) 1,000 $83.38 $83K -0.3% 2023-08-16
2023-08-04 Marinaro Michael (Officer) Planned sale (10b5-1) 1,352 $84.11 $114K -1.1% 2023-08-07
2023-07-14 Wall Brett A. (Officer) Planned sale (10b5-1) 2,000 $87.97 $176K -5.5% 2023-07-18
2023-07-10 TEN HOEDT ROB (Officer) Discretionary sale 1,808 $86.59 $157K -4% 2023-07-12
2023-07-10 TEN HOEDT ROB (Officer) Discretionary sale 3,706 $86.58 $321K -4% 2023-07-12
2022-12-13 Salmon Sean (Officer) Discretionary sale 16.6K $80.50 $1.3M +3.3% 2022-12-16
2022-10-14 TEN HOEDT ROB (Officer) Discretionary sale 2,404 $81.54 $196K +2% 2022-10-17
2022-03-18 PARKHILL KAREN L (CFO) Discretionary sale 682 $110.00 $75K -24.4% 2022-03-21
2022-03-11 Surface Carol A (Officer) Discretionary sale 6,000 $105.30 $632K -21% 2022-03-14
2021-12-23 WHITE ROBERT JOHN (Officer) Discretionary sale 7,218 $102.04 $737K -18.5% 2021-12-27
2021-12-16 ANDERSON RICHARD H (Director) Open-market buy 5,010 $103.26 $517K -19.5% 2021-12-17
2021-12-06 PARKHILL KAREN L (CFO) Discretionary sale 682 $110.00 $75K -24.4% 2021-12-07
2021-09-30 Lerman Bradley E (Officer) Discretionary sale 49.1K $126.58 $6.2M -34.3% 2021-10-01
2021-08-31 Lerman Bradley E (Officer) Discretionary sale 50.8K $134.17 $6.8M -38% 2021-09-01
2021-08-25 Martha Geoffrey (CEO) Discretionary sale 1,481 $132.67 $196K -37.3% 2021-08-26
2021-08-25 Martha Geoffrey (CEO) Discretionary sale 10.1K $132.67 $1.3M -37.3% 2021-08-26
2021-08-25 Salmon Sean (Officer) Discretionary sale 7,290 $134.09 $978K -38% 2021-08-26
2021-08-25 Salmon Sean (Officer) Discretionary sale 21.1K $134.08 $2.8M -38% 2021-08-26
2021-08-02 Lerman Bradley E (Officer) Discretionary sale 4,000 $131.52 $526K -36.8% 2021-08-04
2021-06-28 Martha Geoffrey (CEO) Discretionary sale 11.5K $125.29 $1.4M 2021-06-30
2021-06-21 Wall Brett A. (Officer) Discretionary sale 115 $123.50 $14K 2021-06-22
2021-06-15 PARKHILL KAREN L (CFO) Discretionary sale 605 $124.47 $75K 2021-06-17
2021-06-01 Wall Brett A. (Officer) Discretionary sale 2,473 $128.07 $317K 2021-06-02
2021-05-28 Liddicoat John R (Officer) Discretionary sale 34.7K $126.65 $4.4M 2021-06-01
2021-04-05 Martha Geoffrey (CEO) Discretionary sale 2,404 $118.83 $286K 2021-04-07
2021-04-05 Martha Geoffrey (CEO) Discretionary sale 9,308 $118.83 $1.1M 2021-04-07
2021-03-15 PARKHILL KAREN L (CFO) Discretionary sale 632 $119.12 $75K 2021-03-16
2021-03-02 TEN HOEDT ROB (Officer) Discretionary sale 7,168 $117.98 $846K 2021-03-03
2020-12-28 Surface Carol A (Officer) Discretionary sale 15K $114.90 $1.7M 2020-12-30
2020-12-22 Lerman Bradley E (Officer) Discretionary sale 2,605 $115.56 $301K 2020-12-23

“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.

Filing hygiene

165 Forms 4, 3 years
1 filed late
1 amendments
1.8 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC, refreshed daily. Browse the source filings on SEC EDGAR. Data through 2026-08-06