Insider Cluster (3 insiders) ·Filed Apr 1, 2026

RMD

RESMED INC
NEUTRAL
Impact 3/10
Horizonimmediate Processed5mo ago
Insider cluster: 3 insiders, $1.8M total
Actionable Insight • Neutral

This cluster reflects routine, planned selling — common after option vesting or under 10b5-1 plans — rather than a negative signal. No meaningful economic impact; monitor for sustained selling trends or changes in buying activity.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
RMD ▼ -9.85% at T+60d
NEUTRAL call ✗ call lost -9.85% · α vs SPY -21.11% · entry $222.19 → $200.29
Entry anchored
Mar 31, 03:59 PM ET
via exchange tick
T+1d
+0.86%
call +0.86% · α +0.78%
$224.09
settled 6mo ago
T+5d
+2.62%
call +2.62% · α -1.14%
$228.02
settled 6mo ago
T+20d
-4.62%
call -4.62% · α -14.34%
$211.93
settled 5mo ago
T+60d
-9.85%
call -9.85% · α -21.11%
$200.29
settled 3mo ago

Price Chart

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Executive Summary

ResMed insiders sold $1.8M in shares over a 7-day period, led by CEO Michael Farrell's $1.13M open-market sale following the exercise of derivative securities. The total value represents 0.005% of ResMed's $33.6B market cap, indicating routine, non-material activity.

Key Financial Metrics

Direction
selling
Total Value
$1.8M
Insiders
3

Key Facts

  • CEO Michael Farrell sold 4,991 shares for $1.13M in an open-market transaction on 2026-04-07.
  • Farrell also exercised derivative securities totaling 9,982 shares (one tranche at $0, one at $146.34), a non-cash event.
  • Director Peter Farrell sold $450K and CFO Brett Sandercock sold $224K, both on 2026-04-01.
  • Total insider selling: $1.8M over 7 days, all by insiders with pre-arranged 10b5-1 plans likely.

Financial Impact

$1.8M in total open-market sales, representing 0.005% of $33.6B market cap

insider ownershipshare countsentiment

Risk Factors

  • Perception risk if media mischaracterizes CEO sale as lack of confidence
  • Potential for short-term sentiment pressure despite lack of fundamental concern

Market Snapshot

Exchange
OTC
Sector
Surgical & Medical Instruments & Apparatus

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RMD-1775749477250
11 reports for RMD
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +28.97%Jun 1, 2026
Filters
Rows
Reports for RMD — sortable, filterable
TypeNow
Sep 10, 2026
22d ago
Insider Cluster
NEUTRAL ★ 4/10
$219.58 $228.42▲ +4.03%▲ +4.52%$218.89 (−0.31%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$224.84 $219.98▼ −2.16%▼ −1.76%$218.89 (−2.65%)
Jul 7, 2026
12w ago
Press Release
NEUTRAL ★ 4/10
$205.84 $193.01▼ −6.23%▼ −7.10%$218.89 (+6.34%)
Jun 1, 2026
17w ago
Press Release
BULLISH ★ 5/10
$182.75 $196.94▲ +7.77%▲ +10.73%$218.89 (+19.78%)
May 19, 2026
19w ago
Press Release
BEARISH ★ 5/10
$209.14 $203.22▲ +2.83%▲ +4.63%$218.89 (−4.66%)
Apr 1, 2026
26w ago
Press Release
NEUTRAL ★ 2/10
$224.09 $228.07▲ +1.78%▼ −1.84%$218.89 (−2.32%)
Apr 1, 2026
26w ago
Insider Cluster
NEUTRAL ★ 3/10
$222.19 $228.02▲ +2.62%▼ −1.14%$218.89 (−1.48%)
Apr 1, 2026
26w ago
Insider Cluster
BEARISH ★ 5/10
$222.19 $228.02▼ −2.62%▲ +1.14%$218.89 (+1.48%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 4/10
$256.94 $252.06▼ −1.90%▼ −0.69%$218.89 (−14.81%)
Mar 2, 2026
30w ago
Insider Cluster
NEUTRAL ★ 3/10
$256.94 $252.06▼ −1.90%▼ −0.69%$218.89 (−14.81%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (65h)

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Report published Apr 9, 2026