Director Deepak Bhatt adds 3,996 Deferred Share Units at Bristol Myers (BMY)
Rhea-AI Filing Summary
Bristol Myers Squibb director Deepak Bhatt reported an award of 3,996.367 Deferred Share Units on February 1, 2026, at a reference price of $55.05 per unit. After this transaction, he beneficially owned 19,241.818 Deferred Share Units held directly.
Each Deferred Share Unit will convert into one share of Bristol Myers Squibb common stock upon settlement. These units become settleable when Bhatt ceases to be a director or at a future date he previously specified, and the total includes deferred compensation and dividends reinvested under the company’s 1987 Deferred Compensation Plan for Non-Employee Directors.
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FAQ
What insider transaction did Deepak Bhatt report for Bristol Myers Squibb (BMY)?
Deepak Bhatt reported receiving 3,996.367 Deferred Share Units of Bristol Myers Squibb on February 1, 2026. These units are a form of deferred equity compensation granted to him as a director, based on a reference price of $55.05 per unit.
How many Bristol Myers Squibb (BMY) Deferred Share Units does Deepak Bhatt now hold?
After the reported transaction, Deepak Bhatt beneficially owned 19,241.818 Deferred Share Units of Bristol Myers Squibb. This total reflects the new grant plus previously held units, including deferred compensation amounts and dividends reinvested under the company’s non-employee director plan.
When will Deepak Bhatt’s Bristol Myers Squibb (BMY) Deferred Share Units be settled?
Each Deferred Share Unit will be converted into one share of Bristol Myers Squibb common stock upon settlement. The units become settleable when Bhatt ceases to be a director or at a future date he previously specified under the company’s deferred compensation arrangements.
What does one Deferred Share Unit represent for Bristol Myers Squibb (BMY)?
Each Bristol Myers Squibb Deferred Share Unit represents the right to receive one share of common stock upon settlement. The filing states that each unit will be converted into a share of common stock when settled, linking the director’s deferred compensation directly to the company’s equity.
What plan governs Deepak Bhatt’s Deferred Share Units at Bristol Myers Squibb (BMY)?
Bhatt’s Deferred Share Units are linked to the 1987 Deferred Compensation Plan for Non-Employee Directors. The filing notes that his holdings include deferred compensation and dividends reinvested under this plan, which provides equity-based compensation for non-employee members of the board.