EVP at Becton Dickinson (NYSE: BDX) has 1,146 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Becton Dickinson & Co executive Neal Shana Carol reported a tax-related share withholding tied to equity compensation. On this Form 4, 1,146 shares of common stock were withheld to cover withholding taxes upon vesting of previously granted restricted stock units. After this non-market disposition, Carol directly holds 23,966 common shares. The filing also notes that direct holdings reflect adjustments connected to the combination of the Biosciences and Diagnostic Solutions businesses with Waters Corp., which affected the number of shares underlying previously reported unvested time-based restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Neal Shana Carol
Role
EVP and Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,146 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,966 shares (Direct)
Footnotes (1)
- Represents shares withheld for payment of withholding taxes in connection with the vesting of restricted stock units previously reported on Table I. Direct holdings reflect adjustments made in connection with the combination of the Biosciences and Diagnostic Solutions businesses with Waters Corp. to the number of shares underlying previously reported and unvested time-vested restricted stock units held by the reporting person.
Key Figures
Shares withheld for taxes: 1,146 shares
Shares owned after transaction: 23,966 shares
2 metrics
Shares withheld for taxes
1,146 shares
Withholding for RSU vesting tax liability
Shares owned after transaction
23,966 shares
Direct common stock holdings post-transaction
Key Terms
restricted stock units, withholding taxes, time-vested restricted stock units
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously reported on Table I"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"Represents shares withheld for payment of withholding taxes in connection with the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
time-vested restricted stock units financial
"unvested time-vested restricted stock units held by the reporting person"
FAQ
What insider transaction did BDX executive Neal Shana Carol report?
Neal Shana Carol reported a tax-withholding disposition of 1,146 Becton Dickinson common shares. The shares were withheld to pay withholding taxes triggered by the vesting of previously granted restricted stock units, rather than being sold in the open market.
How is the Waters Corp. combination mentioned in this BDX Form 4?
The Form 4 notes that direct holdings reflect adjustments from combining Becton Dickinson’s Biosciences and Diagnostic Solutions businesses with Waters Corp. These adjustments affected the number of shares underlying previously reported, unvested time-vested restricted stock units held by Neal Shana Carol.