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ResMed CFO sells 15K shares

November 25, 2013HME News Staff

SAN DIEGO - Brett Sandercock, ResMed CFO, sold 15,000 shares of company stock Nov. 20, according to news reports. The shares were sold at an average price of $51.06, for a total of $765,900. Sandercock now directly owns 94,902 shares in ResMed, worth about $4.8 million, according to reports. ResMed recently announced its first quarter earnings for 2014, reporting slower growth versus the previous year due to Round 2 of competitive bidding.

Brett Sandercock, ResMed