Bristol Myers EVP reports RSU vesting, tax shares
Bristol Myers Squibb executive Wendy Short Bartie, EVP of Corporate Affairs, reported routine equity compensation transactions involving restricted stock units.
Rhea-AI Filing Summary
Bristol Myers Squibb executive Wendy Short Bartie, EVP of Corporate Affairs, reported routine equity compensation transactions involving restricted stock units. She exercised 8,040 restricted stock units, each converting into one share of common stock, and a portion of the resulting shares was used to cover taxes.
The filing shows a tax-withholding disposition of 3,876 common shares at $54.72 per share to satisfy tax obligations upon vesting, not an open-market sale. After these transactions, she directly holds 12,081 shares of common stock. The restricted stock units vest annually in three equal installments beginning on June 3, 2025, and were scheduled compensation rather than discretionary trading.
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Insider Trade Summary
8,040 shares exercised/converted
Exercise
3 txns
Insider
Short Bartie Wendy
Role
EVP, Corporate Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,040 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.10 par value | 8,040 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.10 par value | 3,876 | $54.72 | $212K |
Holdings After Transaction:
Restricted Stock Units — 8,040 contracts (Direct);
Common Stock, $0.10 par value — 12,081 shares (Direct)
Footnotes (3)
- F1. The restricted stock units vest annually in three equal installments beginning on June 3, 2025.
- F2. Shares withheld for payment of taxes upon vesting of restricted stock units.
- F3. Each restricted stock unit converts into one share of common stock upon vesting.
Key Figures
RSUs exercised: 8,040 units
Shares withheld for taxes: 3,876 shares
Valuation price per share: $54.72 per share
+3 more
6 metrics
RSUs exercised
8,040 units
Restricted stock units converting into common stock on June 3, 2026
Shares withheld for taxes
3,876 shares
Tax-withholding disposition at $54.72 per share
Valuation price per share
$54.72 per share
Used to value 3,876 shares withheld for taxes
Common shares held after transactions
12,081 shares
Direct ownership after reported non-derivative transactions
RSU expiration date
June 3, 2027
Expiration date of the underlying restricted stock units
RSU vesting schedule
3 equal annual installments
Vesting begins on June 3, 2025
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, vesting
4 terms
Restricted Stock Units financial
"The restricted stock units vest annually in three equal installments"
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.
tax-withholding disposition financial
"Shares withheld for payment of taxes upon vesting of restricted stock units."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The restricted stock units vest annually in three equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Bristol Myers Squibb EVP Wendy Short Bartie report in this Form 4 for BMY?
She reported routine equity compensation activity, exercising 8,040 restricted stock units into common stock and having 3,876 shares withheld to cover taxes. These are scheduled vesting and tax events, not open-market purchases or sales of Bristol Myers Squibb (BMY) stock.
How do Wendy Short Bartie’s restricted stock units in BMY vest according to the filing?
The restricted stock units vest annually in three equal installments beginning on June 3, 2025. Each restricted stock unit converts into one share of Bristol Myers Squibb common stock upon vesting, according to the footnotes included in the Form 4 disclosure.
What is the significance of the $54.72 price in the Bristol Myers Squibb Form 4?
The $54.72 figure is the price used to value the 3,876 common shares withheld to pay taxes on vesting. It is not a purchase or sale price from an open-market trade, but an internal value for the tax-withholding disposition disclosed in the filing.
Are Wendy Short Bartie’s RSU transactions in BMY considered routine compensation events?
Yes. The Form 4 describes restricted stock units that vest over time and automatically convert into common shares, with some shares withheld for taxes. Such RSU vesting and tax withholding are standard compensation-related events for executives at large public companies like Bristol Myers Squibb.
AI-generated analysis. How Rhea-AI works. Not financial advice.
