Medtronic insider activity
What the executives and directors of Medtronic actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$8.9M
net open-market flow, 12 m
0 open-market buys, 12 m
2.9%
of sale value on 10b5-1 plans, 12 m
392 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the 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 grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 118 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 15, 2026 | Blomquist Denise L. | 600 |
| Aug 20, 2026 | Marinaro Michael | 1,084 |
| Aug 3, 2026 | Martha Geoffrey | 42K |
| Aug 3, 2026 | KIIL HARRY SKIP | 9,230 |
| Aug 3, 2026 | Quinn Michelle | 6,346 |
| Aug 3, 2026 | Marinaro Michael | 57K |
| Aug 3, 2026 | Walter Matthew R. | 5,769 |
| Aug 3, 2026 | Pieton Thierry | 12K |
| Aug 3, 2026 | Blomquist Denise L. | 2,337 |
| Aug 3, 2026 | Thompson Kweli | 6,923 |
| Jul 31, 2026 | Martha Geoffrey | 16K |
| Jul 31, 2026 | KIIL HARRY SKIP | 3,074 |
| Jul 31, 2026 | Marinaro Michael | 3,356 |
| Jul 31, 2026 | Walter Matthew R. | 1,675 |
| Jul 31, 2026 | Blomquist Denise L. | 212 |
| Jul 31, 2026 | Thompson Kweli | 1,739 |
| Jul 28, 2026 | Quinn Michelle | 2,069 |
| Jun 5, 2026 | Blomquist Denise L. | 237 |
| Jun 4, 2026 | Martha Geoffrey | 42K |
| Jun 4, 2026 | KIIL HARRY SKIP | 6,817 |
| Jun 4, 2026 | Marinaro Michael | 7,471 |
| Jun 4, 2026 | Walter Matthew R. | 2,840 |
| May 26, 2026 | Wall Brett A. | 27K |
| May 26, 2026 | Martha Geoffrey | 95K |
| May 26, 2026 | KIIL HARRY SKIP | 15K |
| May 26, 2026 | Marinaro Michael | 19K |
| May 26, 2026 | Walter Matthew R. | 9,149 |
| May 26, 2026 | Blomquist Denise L. | 1,712 |
| May 1, 2026 | Walter Matthew R. | 35 |
| Apr 28, 2026 | ARNOLD CRAIG | 2,318 |
| Apr 28, 2026 | HOGAN RANDALL J | 2,318 |
| Apr 28, 2026 | DONNELLY SCOTT C | 2,318 |
| Apr 28, 2026 | Powell Kendall J | 2,318 |
| Apr 28, 2026 | Fonseca Lidia | 2,318 |
| Apr 28, 2026 | Lofton Kevin E | 2,318 |
| Apr 28, 2026 | NABEL ELIZABETH G | 2,318 |
| Apr 28, 2026 | Lewis Gregory P | 2,318 |
| Apr 28, 2026 | Blomquist Denise L. | 1,826 |
| Apr 27, 2026 | Jellison William R | 1,444 |
| Apr 27, 2026 | Groetelaars John P | 1,444 |
| Apr 27, 2026 | Lee Joon Sup | 1,803 |
| Mar 3, 2026 | Pieton Thierry | 2,976 |
| Feb 20, 2026 | Blomquist Denise L. | 340 |
| Feb 19, 2026 | KIIL HARRY SKIP | 51K |
| Jan 29, 2026 | Blomquist Denise L. | 148 |
| Dec 15, 2025 | Wall Brett A. | 439 |
| Dec 15, 2025 | Martha Geoffrey | 1,564 |
| Dec 15, 2025 | Marinaro Michael | 1,371 |
| Dec 5, 2025 | KIIL HARRY SKIP | 1,702 |
| Nov 20, 2025 | Blomquist Denise L. | 170 |
| Aug 20, 2025 | Marinaro Michael | 1,052 |
| Aug 1, 2025 | Wall Brett A. | 37K |
| Aug 1, 2025 | Smith Gregory L | 30K |
| Aug 1, 2025 | Martha Geoffrey | 213K |
| Aug 1, 2025 | KIIL HARRY SKIP | 26K |
| Aug 1, 2025 | Marinaro Michael | 27K |
| Aug 1, 2025 | Walter Matthew R. | 9,402 |
| Aug 1, 2025 | Blomquist Denise L. | 3,235 |
| Jul 28, 2025 | Quinn Michelle | 22K |
| Jul 28, 2025 | Pieton Thierry | 8,699 |
Where the shares went, last 12 months
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.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 164K |
| Vested / exercised | 218K |
| Withheld for tax | 99K |
| Planned sales (10b5-1) | 3,102 |
| Discretionary sales | 88K |
| Gifts | 1,110 |
| Kept | 191K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to 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.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Salmon Sean | 33K | 65K | 195.1 |
Who holds what
the 14 largest holdings of 29| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Martha Geoffrey Chairman and CEO Last trade Jun 7, 2024 | CEO | 328K | – | – | Jun 7, 2024 | |
| Marinaro Michael EVP, Pres MedSurg and Americas Last trade Apr 8, 2024 | Officer | 116K | – | – | Apr 8, 2024 | |
| HOGAN RANDALL J | Director | 86K | – | – | – | |
| Wall Brett A. EVP & Pres Neuroscience Last trade Jan 24, 2025 | Officer | 82K | – | – | Jan 24, 2025 | |
| OLEARY DENISE M Last trade Feb 26, 2015 | Director | 77K | – | – | Feb 26, 2015 | |
| Salmon Sean EVP & President Cardiovascular Last trade Feb 21, 2024 | Officer | 65K | – | – | Feb 21, 2024 | |
| Fong Ivan K EVP GENERAL COUNSEL & SECR | Officer | 55K | – | – | – | |
| Powell Kendall J Last trade Sep 15, 2016 | Director | 54K | – | – | Sep 15, 2016 | |
| PARKHILL KAREN L EVP & Chief Financial Officer Last trade Mar 18, 2022 | CFO | 53K | – | – | Mar 18, 2022 | |
| Smith Gregory L EVP Global Ops & Supply Chain Last trade Nov 19, 2025 | Officer | 52K | – | $3.1M | net selling over the year: 0 months buying, 1 month selling | Nov 19, 2025 |
| WHITE ROBERT JOHN EVP & Pres. Medical Surgical Last trade Dec 23, 2021 | Officer | 50K | – | – | Dec 23, 2021 | |
| Pieton Thierry EVP & Chief Financial Officer | CFO | 50K | – | – | – | |
| Corona Gary Louis Interim CFO | CFO | 44K | – | – | – | |
| KIIL HARRY SKIP EVP & President Cardiovascular Last trade Sep 16, 2026 | Officer | 42K | – | $5.6M | net selling over the year: 0 months buying, 3 months selling | Sep 16, 2026 |
Open-market trade log
the 60 most recent of 177| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 16, 2026 | KIIL HARRY SKIP (Officer) 1,483 shares $93.65 +0.0% since trade filed Sep 17, 2026 | Discretionary sale | 1,483 | $93.65 | $139K | +0.0% | Sep 17, 2026 |
| Jul 8, 2026 | Walter Matthew R. (Officer) 3,102 shares $83.15 +12.6% since trade filed Jul 9, 2026 | Planned sale (10b5-1) | 3,102 | $83.15 | $258K | +12.6% | Jul 9, 2026 |
| Jun 8, 2026 | KIIL HARRY SKIP (Officer) 228 shares $80.45 +16.4% since trade filed Jun 9, 2026 | Discretionary sale | 228 | $80.45 | $18K | +16.4% | Jun 9, 2026 |
| Jun 8, 2026 | KIIL HARRY SKIP (Officer) 3,961 shares $80.44 +16.4% since trade filed Jun 9, 2026 | Discretionary sale | 3,961 | $80.44 | $319K | +16.4% | Jun 9, 2026 |
| Feb 19, 2026 | KIIL HARRY SKIP (Officer) 385 shares $97.82 −4.3% since trade filed Feb 26, 2026 late | Discretionary sale | 385 | $97.82 | $38K | −4.3% | Feb 26, 2026 late |
| Feb 19, 2026 | KIIL HARRY SKIP (Officer) 668 shares $97.83 −4.3% since trade filed Feb 26, 2026 late | Discretionary sale | 668 | $97.83 | $65K | −4.3% | Feb 26, 2026 late |
| Feb 19, 2026 | KIIL HARRY SKIP (Officer) 1,648 shares $97.86 −4.3% since trade filed Feb 26, 2026 late | Discretionary sale | 1,648 | $97.86 | $161K | −4.3% | Feb 26, 2026 late |
| Feb 19, 2026 | KIIL HARRY SKIP (Officer) 19K shares $97.77 −4.2% since trade filed Feb 26, 2026 late | Discretionary sale | 19K | $97.77 | $1.9M | −4.2% | Feb 26, 2026 late |
| Feb 19, 2026 | KIIL HARRY SKIP (Officer) 31K shares $97.66 −4.1% since trade filed Feb 26, 2026 late | Discretionary sale | 31K | $97.66 | $3.0M | −4.1% | Feb 26, 2026 late |
| Nov 19, 2025 | Smith Gregory L (Officer) 227 shares $102.05 −8.2% since trade filed Nov 21, 2025 | Discretionary sale | 227 | $102.05 | $23K | −8.2% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 325 shares $102.06 −8.2% since trade filed Nov 21, 2025 | Discretionary sale | 325 | $102.06 | $33K | −8.2% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 500 shares $102.08 −8.3% since trade filed Nov 21, 2025 | Discretionary sale | 500 | $102.08 | $51K | −8.3% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 825 shares $102.04 −8.2% since trade filed Nov 21, 2025 | Discretionary sale | 825 | $102.04 | $84K | −8.2% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 1,942 shares $101.99 −8.2% since trade filed Nov 21, 2025 | Discretionary sale | 1,942 | $101.99 | $198K | −8.2% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 1,995 shares $102.03 −8.2% since trade filed Nov 21, 2025 | Discretionary sale | 1,995 | $102.03 | $204K | −8.2% | Nov 21, 2025 |
| Nov 19, 2025 | Smith Gregory L (Officer) 24K shares $101.93 −8.1% since trade filed Nov 21, 2025 | Discretionary sale | 24K | $101.93 | $2.5M | −8.1% | Nov 21, 2025 |
| Sep 3, 2025 | KIIL HARRY SKIP (Officer) 200 shares $91.59 +2.3% since trade filed Sep 5, 2025 | Discretionary sale | 200 | $91.59 | $18K | +2.3% | Sep 5, 2025 |
| Sep 3, 2025 | KIIL HARRY SKIP (Officer) 8,405 shares $91.58 +2.3% since trade filed Sep 5, 2025 | Discretionary sale | 8,405 | $91.58 | $770K | +2.3% | Sep 5, 2025 |
| Aug 25, 2025 | Jellison William R (Director) 2,500 shares $92.37 +1.4% since trade filed Aug 25, 2025 | Open-market buy | 2,500 | $92.37 | $231K | +1.4% | Aug 25, 2025 |
| Aug 22, 2025 | Jellison William R (Director) 2,500 shares $92.73 +1.0% since trade filed Aug 25, 2025 | Open-market buy | 2,500 | $92.73 | $232K | +1.0% | Aug 25, 2025 |
| Jan 24, 2025 | Wall Brett A. (Officer) 12K shares $90.00 +4.1% since trade filed Jan 27, 2025 | Planned sale (10b5-1) | 12K | $90.00 | $1.1M | +4.1% | Jan 27, 2025 |
| Jan 8, 2025 | Wall Brett A. (Officer) 3,000 shares $80.41 +16.5% since trade filed Jan 10, 2025 | Planned sale (10b5-1) | 3,000 | $80.41 | $241K | +16.5% | Jan 10, 2025 |
| Jan 8, 2025 | Wall Brett A. (Officer) 6,850 shares $80.41 +16.5% since trade filed Jan 10, 2025 | Planned sale (10b5-1) | 6,850 | $80.41 | $551K | +16.5% | Jan 10, 2025 |
| Jun 7, 2024 | Martha Geoffrey (CEO) 1,594 shares $83.82 +11.7% since trade filed Jun 11, 2024 | Discretionary sale | 1,594 | $83.82 | $134K | +11.7% | Jun 11, 2024 |
| Jun 7, 2024 | Martha Geoffrey (CEO) 18K shares $83.76 +11.8% since trade filed Jun 11, 2024 | Discretionary sale | 18K | $83.76 | $1.5M | +11.8% | Jun 11, 2024 |
| Apr 8, 2024 | Marinaro Michael (Officer) 854 shares $83.14 +12.6% since trade filed Apr 9, 2024 | Discretionary sale | 854 | $83.14 | $71K | +12.6% | Apr 9, 2024 |
| Feb 21, 2024 | Salmon Sean (Officer) 1,594 shares $85.06 +10.1% since trade filed Feb 23, 2024 | Discretionary sale | 1,594 | $85.06 | $136K | +10.1% | Feb 23, 2024 |
| Feb 21, 2024 | Salmon Sean (Officer) 13K shares $85.15 +10.0% since trade filed Feb 23, 2024 | Discretionary sale | 13K | $85.15 | $1.1M | +10.0% | Feb 23, 2024 |
| Feb 21, 2024 | Salmon Sean (Officer) 16K shares $85.12 +10.0% since trade filed Feb 23, 2024 | Discretionary sale | 16K | $85.12 | $1.4M | +10.0% | Feb 23, 2024 |
| Dec 19, 2023 | Wall Brett A. (Officer) 4,997 shares $82.17 +14.0% since trade filed Dec 20, 2023 | Planned sale (10b5-1) | 4,997 | $82.17 | $411K | +14.0% | Dec 20, 2023 |
| Aug 23, 2023 | Smith Gregory L (Officer) 10K shares $83.84 +11.7% since trade filed Aug 25, 2023 | Discretionary sale | 10K | $83.84 | $838K | +11.7% | Aug 25, 2023 |
| Aug 14, 2023 | Wall Brett A. (Officer) 1,000 shares $83.38 +12.3% since trade filed Aug 16, 2023 | Planned sale (10b5-1) | 1,000 | $83.38 | $83K | +12.3% | Aug 16, 2023 |
| Aug 4, 2023 | Marinaro Michael (Officer) 1,352 shares $84.11 +11.3% since trade filed Aug 7, 2023 | Planned sale (10b5-1) | 1,352 | $84.11 | $114K | +11.3% | Aug 7, 2023 |
| Jul 14, 2023 | Wall Brett A. (Officer) 2,000 shares $87.97 +6.5% since trade filed Jul 18, 2023 | Planned sale (10b5-1) | 2,000 | $87.97 | $176K | +6.5% | Jul 18, 2023 |
| Jul 10, 2023 | TEN HOEDT ROB (Officer) 1,808 shares $86.59 +8.2% since trade filed Jul 12, 2023 | Discretionary sale | 1,808 | $86.59 | $157K | +8.2% | Jul 12, 2023 |
| Jul 10, 2023 | TEN HOEDT ROB (Officer) 3,706 shares $86.58 +8.2% since trade filed Jul 12, 2023 | Discretionary sale | 3,706 | $86.58 | $321K | +8.2% | Jul 12, 2023 |
| Dec 13, 2022 | Salmon Sean (Officer) 17K shares $80.50 +16.3% since trade filed Dec 16, 2022 | Discretionary sale | 17K | $80.50 | $1.3M | +16.3% | Dec 16, 2022 |
| Oct 14, 2022 | TEN HOEDT ROB (Officer) 2,404 shares $81.54 +14.9% since trade filed Oct 17, 2022 | Discretionary sale | 2,404 | $81.54 | $196K | +14.9% | Oct 17, 2022 |
| Mar 18, 2022 | PARKHILL KAREN L (CFO) 682 shares $110.00 −14.9% since trade filed Mar 21, 2022 | Discretionary sale | 682 | $110.00 | $75K | −14.9% | Mar 21, 2022 |
| Mar 11, 2022 | Surface Carol A (Officer) 6,000 shares $105.30 −11.1% since trade filed Mar 14, 2022 | Discretionary sale | 6,000 | $105.30 | $632K | −11.1% | Mar 14, 2022 |
| Dec 23, 2021 | WHITE ROBERT JOHN (Officer) 7,218 shares $102.04 −8.2% since trade filed Dec 27, 2021 | Discretionary sale | 7,218 | $102.04 | $737K | −8.2% | Dec 27, 2021 |
| Dec 16, 2021 | ANDERSON RICHARD H (Director) 5,010 shares $103.26 −9.3% since trade filed Dec 17, 2021 | Open-market buy | 5,010 | $103.26 | $517K | −9.3% | Dec 17, 2021 |
| Dec 6, 2021 | PARKHILL KAREN L (CFO) 682 shares $110.00 −14.9% since trade filed Dec 7, 2021 | Discretionary sale | 682 | $110.00 | $75K | −14.9% | Dec 7, 2021 |
| Sep 30, 2021 | Lerman Bradley E (Officer) 49K shares $126.58 −26.0% since trade filed Oct 1, 2021 | Discretionary sale | 49K | $126.58 | $6.2M | −26.0% | Oct 1, 2021 |
| Aug 31, 2021 | Lerman Bradley E (Officer) 51K shares $134.17 filed Sep 1, 2021 | Discretionary sale | 51K | $134.17 | $6.8M | – | Sep 1, 2021 |
| Aug 25, 2021 | Martha Geoffrey (CEO) 1,481 shares $132.67 filed Aug 26, 2021 | Discretionary sale | 1,481 | $132.67 | $196K | – | Aug 26, 2021 |
| Aug 25, 2021 | Martha Geoffrey (CEO) 10K shares $132.67 filed Aug 26, 2021 | Discretionary sale | 10K | $132.67 | $1.3M | – | Aug 26, 2021 |
| Aug 25, 2021 | Salmon Sean (Officer) 7,290 shares $134.09 filed Aug 26, 2021 | Discretionary sale | 7,290 | $134.09 | $978K | – | Aug 26, 2021 |
| Aug 25, 2021 | Salmon Sean (Officer) 21K shares $134.08 filed Aug 26, 2021 | Discretionary sale | 21K | $134.08 | $2.8M | – | Aug 26, 2021 |
| Aug 2, 2021 | Lerman Bradley E (Officer) 4,000 shares $131.52 filed Aug 4, 2021 | Discretionary sale | 4,000 | $131.52 | $526K | – | Aug 4, 2021 |
| Jun 28, 2021 | Martha Geoffrey (CEO) 12K shares $125.29 filed Jun 30, 2021 | Discretionary sale | 12K | $125.29 | $1.4M | – | Jun 30, 2021 |
| Jun 21, 2021 | Wall Brett A. (Officer) 115 shares $123.50 filed Jun 22, 2021 | Discretionary sale | 115 | $123.50 | $14K | – | Jun 22, 2021 |
| Jun 15, 2021 | PARKHILL KAREN L (CFO) 605 shares $124.47 filed Jun 17, 2021 | Discretionary sale | 605 | $124.47 | $75K | – | Jun 17, 2021 |
| Jun 1, 2021 | Wall Brett A. (Officer) 2,473 shares $128.07 filed Jun 2, 2021 | Discretionary sale | 2,473 | $128.07 | $317K | – | Jun 2, 2021 |
| May 28, 2021 | Liddicoat John R (Officer) 35K shares $126.65 filed Jun 1, 2021 | Discretionary sale | 35K | $126.65 | $4.4M | – | Jun 1, 2021 |
| Apr 5, 2021 | Martha Geoffrey (CEO) 2,404 shares $118.83 filed Apr 7, 2021 | Discretionary sale | 2,404 | $118.83 | $286K | – | Apr 7, 2021 |
| Apr 5, 2021 | Martha Geoffrey (CEO) 9,308 shares $118.83 filed Apr 7, 2021 | Discretionary sale | 9,308 | $118.83 | $1.1M | – | Apr 7, 2021 |
| Mar 15, 2021 | PARKHILL KAREN L (CFO) 632 shares $119.12 filed Mar 16, 2021 | Discretionary sale | 632 | $119.12 | $75K | – | Mar 16, 2021 |
| Mar 2, 2021 | TEN HOEDT ROB (Officer) 7,168 shares $117.98 filed Mar 3, 2021 | Discretionary sale | 7,168 | $117.98 | $846K | – | Mar 3, 2021 |
| Dec 28, 2020 | Surface Carol A (Officer) 15K shares $114.90 filed Dec 30, 2020 | Discretionary sale | 15K | $114.90 | $1.7M | – | Dec 30, 2020 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
157 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.