Becton Dickinson (NYSE: BDX) EVP Urbini discloses stock and SAR holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Becton Dickinson & Co. executive Massimiliano Urbini has filed an initial Form 3 reporting his equity holdings. As EVP & Chief ISC Officer, he beneficially owns 4,133 shares of common stock, including restricted stock units granted under the company’s 2004 equity compensation plan.
He also holds several stock appreciation right awards over common stock: 2,649 rights at an exercise price of $241.10 expiring on 11/26/2031, 2,378 rights at $238.06 expiring on 11/26/2032, 1,843 rights at $238.89 expiring on 11/26/2033, and 1,984 rights at $224.25 expiring on 11/26/2034. These stock appreciation rights vest in four annual installments beginning one year from each grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Urbini Massimiliano
Role
EVP & Chief ISC Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights — 2,649 shares (Direct);
Common Stock — 4,133 shares (Direct)
Footnotes (1)
- Includes shares held directly and restricted stock units awarded under the Becton, Dickinson and Company 2004 Employee and Director Equity-Based Compensation Plan. The stock appreciation rights vest in four annual installments beginning one year from the date of grant.
FAQ
What does Massimiliano Urbini report owning in Becton Dickinson (BDX) on this Form 3?
He reports beneficial ownership of 4,133 shares of Becton Dickinson common stock. This total includes shares held directly and restricted stock units granted under the company’s 2004 Employee and Director Equity-Based Compensation Plan.
What executive role does Massimiliano Urbini hold at Becton Dickinson (BDX)?
Massimiliano Urbini serves as Becton Dickinson’s EVP & Chief ISC Officer. This executive officer status triggers Section 16 reporting duties, requiring disclosure of his equity holdings and future changes through Forms 3, 4, and 5.
What stock appreciation rights does Urbini hold in Becton Dickinson (BDX)?
He holds stock appreciation rights over 2,649, 2,378, 1,843, and 1,984 shares of common stock. Exercise prices are $241.10, $238.06, $238.89, and $224.25, with expirations on 11/26/2031, 11/26/2032, 11/26/2033, and 11/26/2034 respectively.
How do Massimiliano Urbini’s Becton Dickinson (BDX) stock appreciation rights vest?
The stock appreciation rights vest in four annual installments beginning one year from each grant date. This structure gradually delivers potential value to Urbini over time, aligning equity-based incentives with longer-term service and performance.
Are Urbini’s Becton Dickinson (BDX) holdings reported as direct or indirect ownership?
All reported holdings are listed as directly owned. The Form 3 shows common stock and multiple stock appreciation rights with ownership form marked as “D” for direct, with no separate indirect ownership entity disclosed in the filing.
What equity plan covers Urbini’s restricted stock units at Becton Dickinson (BDX)?
His restricted stock units were awarded under the Becton, Dickinson and Company 2004 Employee and Director Equity-Based Compensation Plan. The Form 3 notes that his 4,133 reported common shares include these plan-based restricted stock units.