Insider Cluster (1 insider) ·Filed Mar 2, 2026
Insider cluster: 3 insiders, $2.0M total
Actionable Insight • Neutral
This activity is consistent with routine option monetization and pre-scheduled trading plans. No signal of negative sentiment; monitor for additional sales outside this cluster.
Final — all horizons settled through T+60d
RMD ▼ -19.05% at T+60d
NEUTRAL call ✗ call lost -19.05% · α vs SPY -28.38% · entry $256.94 → $207.98
T+1d
+0.32%
call +0.32% · α +1.23%
$257.75
settled 7mo ago
T+5d
-1.90%
call -1.90% · α -0.69%
$252.06
settled 7mo ago
T+20d
-14.38%
call -14.38% · α -6.44%
$220.00
settled 6mo ago
T+60d
-19.05%
call -19.05% · α -28.38%
$207.98
settled 4mo ago
Price Chart
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Executive Summary
ResMed CEO Michael J. Farrell exercised stock options and sold 4,991 shares in the open market for approximately $1.25 million. The transaction was part of a pre-arranged trading plan and not an outright purchase, with no cash outlay for the exercised shares.
Key Financial Metrics
Direction
selling
Total Value
$1.3M
Insiders
1
Key Facts
- CEO Michael J. Farrell exercised 9,982 derivative securities in total (two tranches of 4,991 shares), one at $0 and one at $146.34 per share.
- Farrell sold 4,991 shares in the open market at $251.0322 per share, generating $1,252,901.71 in proceeds.
- The exercise at $0 suggests a cashless exercise or option swap, common in pre-arranged plans.
- Total open-market sale value: ~$1.25M, representing 0.0035% of ResMed’s $36.0B market cap — immaterial in scale.
Financial Impact
$1.25 million in open-market sales by CEO; no net buying, only exercise and partial sale
insider ownershipshare countinsider sentiment
Risk Factors
- Perception risk if media mischaracterizes the sale as insider skepticism, though structure suggests planned execution.
- Concentration risk in executive ownership if further monetization continues.
Market Snapshot
Exchange
OTC
Investment Themes
Healthcare & Medical Devices
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-RMD-1773232203311 |
11 reports for RMD
100% Hit rate best @ T+60▲ +28.97%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $219.58 $228.42 | ▲ +4.03% | ▲ +4.52% | $218.89 (−0.31%) |
Aug 11, 2026 7w ago | Insider Cluster | $224.84 $219.98 | ▼ −2.16% | ▼ −1.76% | $218.89 (−2.65%) |
Jul 7, 2026 12w ago | Press Release | $205.84 $193.01 | ▼ −6.23% | ▼ −7.10% | $218.89 (+6.34%) |
Jun 1, 2026 17w ago | Press Release | $182.75 $196.94 | ▲ +7.77% | ▲ +10.73% | $218.89 (+19.78%) |
May 19, 2026 19w ago | Press Release | $209.14 $203.22 | ▲ +2.83% | ▲ +4.63% | $218.89 (−4.66%) |
Apr 1, 2026 26w ago | Press Release | $224.09 $228.07 | ▲ +1.78% | ▼ −1.84% | $218.89 (−2.32%) |
Apr 1, 2026 26w ago | Insider Cluster | $222.19 $228.02 | ▲ +2.62% | ▼ −1.14% | $218.89 (−1.48%) |
Apr 1, 2026 26w ago | Insider Cluster | $222.19 $228.02 | ▼ −2.62% | ▲ +1.14% | $218.89 (+1.48%) |
Mar 2, 2026 30w ago | Insider Cluster | $256.94 $252.06 | ▼ −1.90% | ▼ −0.69% | $218.89 (−14.81%) |
Mar 2, 2026 30w ago | Insider Cluster | $256.94 $252.06 | ▼ −1.90% | ▼ −0.69% | $218.89 (−14.81%) |
Showing 10 of 11
US Market Status
Market Closed — Opens Mon (65h 8m)
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