RMD RESMED INC

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon immediate Filed Apr 1, 2026 Processed 2mo ago
Insider cluster: 3 insiders, $1.8M total
Latest settled — T+20d
RMD ▼ -4.62% at T+20d
NEUTRAL call ✗ call lost -4.62% · α vs SPY -14.34% · entry $222.19 → $211.93
Next anchor: T+60d in 16d
Last close $193.14 (close Jun 8) · -13.07% from $222.19 entry
Entry anchored
Mar 31, 03:59 PM ET
via Databento tick
T+1d
+0.86%
call +0.86% · α +0.78%
$224.09
settled 2mo ago
T+5d
+2.62%
call +2.62% · α -1.14%
$228.02
settled 2mo ago
T+20d
-4.62%
call -4.62% · α -14.34%
$211.93
settled 6w ago
T+60d
call — · α —
in 16d

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

Actionable Insight

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.

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

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RMD-1775749477250
8 reports for RMD
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+20▲ +4.62%Apr 1, 2026
Filters
Rows
Reports for RMD — sortable, filterable
Type Now
Jun 1, 2026
8d ago
Press Release
BULLISH ★ 5/10
$182.75 $185.87▲ +1.71%▲ +2.43%$193.14 (+5.69%)
May 19, 2026
21d ago
Press Release
BEARISH ★ 5/10
$209.14 $208.85▲ +0.14%▲ +0.33%$193.14 (+7.65%)
Apr 1, 2026
9w ago
Press Release
NEUTRAL ★ 2/10
$224.09 $224.10▲ +0.00%▼ −0.47%$193.14 (−13.81%)
Apr 1, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$222.19 $224.09▲ +0.86%▲ +0.78%$193.14 (−13.07%)
Apr 1, 2026
10w ago
Insider Cluster
BEARISH ★ 5/10
$222.19 $224.09▼ −0.86%▼ −0.78%$193.14 (+13.07%)
Mar 2, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$256.94 $257.75▲ +0.32%▲ +1.23%$193.14 (−24.83%)
Mar 2, 2026
14w ago
Insider Cluster
NEUTRAL ★ 3/10
$256.94 $257.75▲ +0.32%▲ +1.23%$193.14 (−24.83%)
Feb 28, 2026
14w ago
Institutional Cluster
BULLISH ★ 7/10
$256.94 $257.75▲ +0.32%▲ +1.23%$193.14 (−24.83%)
Showing 8 of 8

US Market Status

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