RMDResMed
Deals with insiders in the proxy filed 2026-10-01
Deals between RMD and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-10-02.
Transactions with Related Persons“charitable contributions, grants or endowments that satisfy the thresholds set forth in the policy; and • transactions where the amount involved does not and is not reasonably expected to exceed $120,000.”
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New wording of the review policy 2 paragraphs without an amount or a name
Transactions with Related Persons“transactions involving the recovery of erroneously awarded compensation pursuant to our compensation recovery policy;”
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Transactions with Related Persons“transactions involving the rendering of services as a common or contract carrier, or public utility, at rates or charges fixed in conformity with law or governmental authority;”
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The whole section
10 paragraphs quoted as filed
Transactions with Related Persons“Our code of conduct requires directors, executive officers, and employees to disclose any situation that would reasonably be expected to give rise to a potential conflict of interest. Conflicts involving executive officers may be waived only by our board or the appropriate board committee.”
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Transactions with Related Persons“Our related party transaction policy and procedures are available at investor.resmed.com. Under that policy, our audit committee will review and either approve or disapprove any transaction between Resmed and an executive officer, director, director nominee, or any other “Related Party” (as defined under Item 404 of Regulation S-K) in which any Related Party has a direct or indirect material interest. Management is responsible for providing a report to the audit committee on an ongoing basis as to all potential related party transactions. Under this policy, the audit committee has pre-approved certain transactions, including:”
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Transactions with Related Persons“any compensation arrangement approved by our compensation and leadership development committee for payment to an executive officer, or to a family member of a board member or executive officer, without participation by the board member or executive officer. We historically and currently review in detail the responses of our executive officers and directors to their directors’ and officers’ questionnaires for any reportable related party transactions;”
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Transactions with Related Persons“transactions where the rates or charges involved are determined by competitive bids;”
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Transactions with Related Persons“transactions involving the recovery of erroneously awarded compensation pursuant to our compensation recovery policy;”
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Transactions with Related Persons“transactions involving the rendering of services as a common or contract carrier, or public utility, at rates or charges fixed in conformity with law or governmental authority;”
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Transactions with Related Persons“transactions that are in the Company’s ordinary course of business and where the interest of the related party arises only from the related party’s position as a director or less than 10% owner of another corporation or organization that is a party to the transaction;”
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Transactions with Related Persons“charitable contributions, grants or endowments that satisfy the thresholds set forth in the policy; and • transactions where the amount involved does not and is not reasonably expected to exceed $120,000.”
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Transactions with Related Persons“Michael Farrell is our chief executive officer and chairman of the board of directors, and the son of Peter Farrell, our founder, a director, and chairman emeritus. Their compensation is discussed under the sections “Compensation Discussion and Analysis” for Michael Farrell, and “Director Compensation - 202 6” for Peter Farrell. On the recommendation of the compensation and leadership development committee, the board sets compensation for Michael Farrell and Peter Farrell in”
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Board and Governance Matters“accordance with our related party transaction policy. In setting compensation, we followed the same policies and practices that we have historically used to set compensation for other similarly-situated employees and directors. In addition, all compensation paid to Michael Farrell was unanimously approved by our board upon recommendation by the compensation and leadership development committee (without Peter Farrell’s participation). Similarly, all compensation paid to Peter Farrell was approved by the independent members of our board (without Michael Farrell’s participation), after considering a recommendation from our compensation and leadership development committee made without Michael Farrell’s participation.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗