Thread regarding Medtronic Inc. layoffs

Friendly reminder our execs dump those shares like hot potatoes

This is all public information.

With the exception of Bob Hopkins, our execs effectively get their RSUs or performance rewards, then sell that sh*t as soon as it vests.

Forms indicating an (A) are the acquisition of shares, and in this small sample, the details in the forms shows you it's only ever receiving RSUs, or performance rewards.

The rest and vast majority of the forms are (D) disposal of these shares, and if you read the detail, they are dumping that sh_t as soon as they possibly can. All of the people below are regularly dumping their sh_t. These are not the actions of execs confident in this company. They know this ship is sinking and they're in on the grift.

Skip
https://www.sec.gov/edgar/browse/?CIK=0001708062

Goff:
https://www.sec.gov/edgar/browse/?CIK=0001560409

Bob H:
https://www.sec.gov/edgar/browse/?CIK=25200002114165

Marinaro:
https://www.sec.gov/edgar/browse/?CIK=0001984186

Matt Walter:
https://www.sec.gov/edgar/browse/?CIK=0002028475

Do your own research at SEC's Edgar site.

Fun bonus fact: they all have important ownership stakes in MiniMed. Funny that.


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| 1 view | | 3 replies (last 1 day ago) | Reply
Post ID: @OP+1ktz71qct

3 replies (most recent on top)

@a9

Greed and incompetence are what ki-ls capitalism.

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Post ID: @c3+1ktz71qct

To sell Medtronic stock immediately is a smart move by anyone with MDT RSUs or performance rewards.
Medtronic stock is likely not going to be higher than when it vests.
Options even after 10 Years often expire under-water.

Sell, take any profit and run!

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Post ID: @br+1ktz71qct

Who cares? Welcome to capitalism.

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Post ID: @a9+1ktz71qct

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