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Medtronic10-K: Restructuring charge

Completed IPO of Diabetes Business (MiniMed) on March 9, 2026, driving separation costs.

Source

SEC EDGARJun 18, 2026

Annual report (Form 10-K)

Medtronic 10-K for FY2026

Filing excerpt

In May 2025, the Company announced its intent to separate the Diabetes Business, with the intention to create a new independent, publicly traded company, MiniMed Group, Inc. (MiniMed). On March 9, 2026, MiniMed completed an initial public offering (the IPO).

sec.gov/Archives/edgar/data/1613103/000162828026044354/mdt-20260424.htmRead the full source

Other signals in this filing (11)

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From the Signal API record
Signal
10-K: Restructuring charge

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
04/24
Filed
Jun 18, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$173M (Acquisition and divestiture-related items in FY2026, which includes charges related to the Diabetes business separation.)

Details

CIK
1613103
Accession number
0001628280-26-044354
Timeframe
Current year
Filing year
2026
Why it matters
Vendor review likely
Signal category
Financial

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Jun 23, 2026
signal_type
sec-10k
signal_subtype
restructuringCharge

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
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Signal

  • signal_nameValue in the API
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Show the full JSONThe record on this page and the API request

GET /v1/signals/947e2a7c-b41c-4399-b5a7-124a4f1be065 returns this record as JSON. POST /v1/companies/enrich returns every signal for medtronic.com.

{
  "signal_id": "947e2a7c-b41c-4399-b5a7-124a4f1be065",
  "signal_type": "sec-10k",
  "signal_subtype": "restructuringCharge",
  "detected_at": "2026-06-23T07:10:36.486+00:00",
  "company": {
    "name": "Medtronic",
    "domain": "medtronic.com"
  },
  "data": {
    "detail": "The spin-off of the Diabetes business into the independent company MiniMed creates significant operational and IT complexity, including separating systems, data, and processes, which may require new vendor solutions for both entities.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Acquisition and divestiture-related items in FY2026, which includes charges related to the Diabetes business separation.",
      "dollar_millions": 173
    },
    "summary": "Completed IPO of Diabetes Business (MiniMed) on March 9, 2026, driving separation costs.",
    "excerpts": "In May 2025, the Company announced its intent to separate the Diabetes Business, with the intention to create a new independent, publicly traded company, MiniMed Group, Inc. (MiniMed). On March 9, 2026, MiniMed completed an initial public offering (the IPO).",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1613103/000162828026044354/mdt-20260424.htm",
    "filing_date": "2026-06-18",
    "filing_year": 2026,
    "fiscal_year_end": "04/24",
    "sales_relevance": "Vendor review likely",
    "signal_category": "financial"
  }
}

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