Robert Andrew Douglas - 17 Jul 2023 Form 4 Insider Report for RESMED INC (RMD)

Signature
Robert Douglas, President and Chief Operating Officer, ResMed Inc.
Issuer symbol
RMD
Transactions as of
17 Jul 2023
Net transactions value
-$333,330
Form type
4
Filing time
18 Jul 2023, 17:02:52 UTC
Previous filing
20 Jun 2023
Next filing
16 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMD ResMed Common Stock Sale $333,330 -1,500 -0.59% $222.22 252,026 17 Jul 2023 Douglas Family Trust F1
holding RMD ResMed Common Stock 16,874 17 Jul 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction was conducted under a Rule 10b5-1 plan adopted February 9, 2023.