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ResMed Executive Files Routine Rule 144 Notice for Small Share Sale

Story Highlights
  • ResMed officer Michael J. Rider plans to sell 50 common shares under Rule 144.
  • The modest, compensation-derived stock sale appears routine with limited impact on ResMed’s operations or insider holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ResMed Executive Files Routine Rule 144 Notice for Small Share Sale

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Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) has provided an update.

An executive of ResMed Inc., officer Michael J. Rider, has filed a notice of proposed sale of company common stock under Rule 144, covering 50 shares to be sold on the NYSE through Fidelity Brokerage Services. The shares, valued at roughly $12,088 in aggregate, were acquired as restricted stock that vested in November 2023 as part of compensation, and follow a previous sale of 50 shares in December 2025, signaling a small, routine liquidity move rather than a material change in insider holdings or company operations.

The most recent analyst rating on (AU:RMD) stock is a Buy with a A$45.00 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 U.S.-based medical technology company focused on developing and manufacturing devices and software for the diagnosis, treatment and management of sleep-disordered breathing and respiratory conditions. Its primary products include continuous positive airway pressure (CPAP) machines, ventilators, and cloud-connected health solutions, serving patients, healthcare providers and sleep clinics globally, with a strong presence in the respiratory care and sleep apnea markets.

Average Trading Volume: 1,176,152

Technical Sentiment Signal: Buy

Current Market Cap: A$53.49B

For an in-depth examination of RMD stock, go to TipRanks’ Overview page.

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