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Medtronic plc

06/26/2026 | Press release | Distributed by Public on 06/26/2026 14:24

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Thompson Kweli
2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2026
3. Issuer Name and Ticker or Trading Symbol
Medtronic plc [MDT]
(Last) (First) (Middle)
710 MEDTRONIC PARKWAY
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & President, Neuroscience
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
MINNEAPOLIS, MN 55432
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares 30,017.737(1) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Unit (2) (2) Ordinary Shares 3,252.987(3) (4) D
Performance Share Units (5) (5) Ordinary Shares 9,911.187(6) (4) D
Performance Share Units (7) (7) Ordinary Shares 9,178.809(8) (4) D
Stock Option (Right to Buy) 08/01/2017(9) 08/01/2026 Ordinary Shares 1,704 $88.06 D
Stock Option (Right to Buy) 01/30/2018(9) 01/30/2027 Ordinary Shares 1,608 $74.67 D
Stock Option (Right to Buy) 07/31/2018(9) 07/31/2027 Ordinary Shares 4,407 $83.97 D
Stock Option (Right to Buy) 07/30/2019(9) 07/30/2028 Ordinary Shares 6,271 $89.08 D
Stock Option (Right to Buy) 07/29/2020(9) 07/29/2029 Ordinary Shares 1,615 $103.26 D
Stock Option (Right to Buy) 08/03/2021(9) 08/03/2030 Ordinary Shares 10,181 $97.33 D
Stock Option (Right to Buy) 08/02/2022(9) 08/02/2031 Ordinary Shares 6,358 $131.26 D
Stock Option (Right to Buy) 08/01/2023(9) 08/01/2032 Ordinary Shares 26,890 $93.08 D
Stock Option (Right to Buy) 07/31/2024(9) 07/31/2033 Ordinary Shares 25,408 $87.76 D
Stock Option (Right to Buy) 07/29/2025(9) 07/29/2034 Ordinary Shares 1,540 $80 D
Stock Option (Right to Buy) 07/28/2026(9) 07/28/2035 Ordinary Shares 22,363 $91.97 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Thompson Kweli
710 MEDTRONIC PARKWAY
MINNEAPOLIS, MN 55432
EVP & President, Neuroscience

Signatures

/s/ Patricia Walesiewicz, attorney-in-fact 06/26/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 6,549 performance stock units that vested on April 24, 2026; 1,822 restricted stock units that vested on December 6, 2025; 3,742.990 restricted stock units that vest on July 31, 2026; 3,402.644 restricted stock units that vest on December 6, 2026; 9,911.187 restricted stock units that vest on July 29, 2027; 4,589.916 restricted stock units that vest on July 28, 2028.
(2) The performance share units ("PSUs") vest on December 6, 2026.
(3) The number of shares to be issued in connection with the PSUs reported reflects the amount earned based on achievement of applicable performance criteria. The award remains subject to time-based vesting.
(4) Each PSU represents a contingent right to receive one share of Medtronic common stock.
(5) The PSUs vest on April 30, 2027.
(6) The number of shares to be issued in connection with PSUs will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 9,911.187 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
(7) The PSUs vest on April 28, 2028.
(8) The number of shares to be issued in connection with the PSUs will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 9,178.809 shares will be issued. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
(9) These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Medtronic plc published this content on June 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 26, 2026 at 20:26 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]