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ResMed CEO Farrell Exercises Options and Trims Stake Under 10b5-1 Plan

Story Highlights
  • ResMed CEO Michael Farrell exercised options for 4,991 shares and sold them under a pre-arranged Rule 10b5-1 trading plan.
  • After the transactions, Farrell retains a significant direct and family trust stake, signaling continued alignment with ResMed’s long-term performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ResMed CEO Farrell Exercises Options and Trims Stake Under 10b5-1 Plan

Meet Samuel – Your Personal Investing Prophet

An announcement from Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) is now available.

ResMed Inc. Chairman and CEO Michael J. Farrell has reported a series of stock option exercises and share sales conducted under a pre-arranged Rule 10b5-1 trading plan adopted in late 2024. Farrell exercised options to acquire 4,991 shares of ResMed common stock at an exercise price of $146.34 and then sold the same number of shares at a weighted average price of about $207.82.

Following these transactions, Farrell continues to hold a substantial direct stake of 466,223 ResMed shares, along with additional shares held indirectly through the Lisette and Michael Farrell Family Trust. The filing underscores ongoing insider activity at the medical device maker but does not indicate any change in his leadership role or broader strategic shift for the company.

The most recent analyst rating on (AU:RMD) stock is a Buy with a A$48.00 price target. To see the full list of analyst forecasts on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh stock, see the AU:RMD Stock Forecast page.

More about Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh

ResMed Inc. is a medical technology company specializing in devices and software for treating sleep apnea, chronic obstructive pulmonary disease and other respiratory conditions. The company focuses on digital health solutions and cloud-connected equipment used in home and clinical care settings across global markets.

Average Trading Volume: 1,342,187

Technical Sentiment Signal: Hold

Current Market Cap: A$41.45B

For a thorough assessment of RMD stock, go to TipRanks’ Stock Analysis page.

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