Director in Becton Dickinson (NYSE: BDX) gets new stock rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Becton Dickinson & Co director Carrie L. Byington received 105 rights to common stock under the BD Deferred Compensation Plan as a compensation-related derivative award. Each right converts into one share of common stock, bringing her total deferred stock rights to 3,699 after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Byington Carrie L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Rights to Common Stock Under BD Deferred Compensation Plan | 105 | $149.04 | $16K |
Holdings After Transaction:
Rights to Common Stock Under BD Deferred Compensation Plan — 3,699 shares (Direct, null)
Footnotes (1)
- The securities convert to common stock on a one-for-one basis. The securities are distributed following termination of the reporting person's service as a director, or on the date or dates specified by the reporting person. Includes rights acquired through dividend reinvestment since the last report filed by the reporting person. Reflects the adjustments made in connection with the combination of the Biosciences and Diagnostic Solutions businesses with Waters Corp. to the number of previously reported derivative securities held by the reporting person.
Key Figures
Deferred stock rights granted: 105 rights
Reference price per right: $149.04
Total deferred rights after grant: 3,699 rights
+1 more
4 metrics
Deferred stock rights granted
105 rights
Rights to common stock under BD Deferred Compensation Plan
Reference price per right
$149.04
Transaction price per right on grant date
Total deferred rights after grant
3,699 rights
Rights to Becton Dickinson common stock held after transaction
Conversion ratio
1 right : 1 share
Each right converts into one share of common stock
Key Terms
BD Deferred Compensation Plan, Rights to Common Stock, dividend reinvestment, derivative securities
4 terms
BD Deferred Compensation Plan financial
"Rights to Common Stock Under BD Deferred Compensation Plan"
Rights to Common Stock financial
"Rights to Common Stock Under BD Deferred Compensation Plan"
dividend reinvestment financial
"Includes rights acquired through dividend reinvestment since the last report"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
derivative securities financial
"adjustments made ... to the number of previously reported derivative securities"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did Becton Dickinson (BDX) report for Carrie L. Byington?
Becton Dickinson reported that director Carrie L. Byington received 105 rights to common stock under the BD Deferred Compensation Plan. These rights are a derivative award linked to company shares and increase her total deferred stock rights to 3,699 after the transaction.
How many Becton Dickinson (BDX) deferred stock rights does Carrie L. Byington hold after this Form 4?
After this transaction, Carrie L. Byington holds 3,699 rights to Becton Dickinson common stock under the BD Deferred Compensation Plan. This figure includes the newly awarded 105 rights and prior rights, including amounts accumulated through dividend reinvestment and earlier adjustments disclosed in the filing.
What does the Form 4 say about the conversion of Becton Dickinson (BDX) deferred stock rights?
The Form 4 states that the securities convert to Becton Dickinson common stock on a one-for-one basis. This means each right represents one future share, subject to distribution rules tied to Byington’s service as a director or specified payout dates she previously elected.
When are Becton Dickinson (BDX) deferred compensation plan rights distributed to Carrie L. Byington?
The filing explains that the rights are distributed after Carrie L. Byington’s service as a director ends, or on specific dates she selected. This timing reflects the plan’s deferred compensation nature, allowing payouts in common stock instead of immediate cash, following the plan’s terms.
How were dividend reinvestment and business combination adjustments treated in this Becton Dickinson (BDX) Form 4?
The Form 4 notes that the total includes rights acquired through dividend reinvestment since her last report. It also reflects adjustments to previously reported derivative securities resulting from combining the Biosciences and Diagnostic Solutions businesses with Waters Corp., updating her recorded deferred stock rights balance.