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ResMed CFO Sandercock Sells 1,000 Shares Under Pre-Set Trading Plan
ResMed CFO Brett Sandercock sold 1,000 shares of ResMed common stock for $254.30 each under a pre-arranged Rule 10b5-1 trading plan. Despite the sale, Sandercock retains 84,495 shares, indicating a continued significant equity stake and alignment with shareholder interests. This transaction is considered routine insider trading and doesn’t suggest a change in the company’s operational outlook.