3M Company (NYSE: MMM) details planned sale of 3,635 common shares
Rhea-AI Filing Summary
3M Company (MMM) has a notice of proposed sale of common stock, indicating that an affiliated holder plans to sell shares through Fidelity Brokerage Services LLC on or about August 5, 2026 on the NYSE. The shares were accumulated over time primarily through Employee Stock Purchase Plan purchases and restricted stock vesting awards between 2016 and 2025, including a 2,050-share vesting on February 8, 2025.
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Key Figures
Shares listed for sale: 3,635 shares
Aggregate market value: $663,429.67
Largest single vesting: 2,050 shares
+1 more
4 metrics
Shares listed for sale
3,635 shares
Number of 3M common shares in the proposed sale
Aggregate market value
$663,429.67
Aggregate value associated with the shares listed for sale
Largest single vesting
2,050 shares
Restricted stock vesting on February 8, 2025
Shares outstanding figure
515,722,417 shares
Shares of common stock referenced alongside the proposed sale disclosure
Key Terms
Restricted Stock Vesting, ESPP Purchase, compensation, Employee Stock Purchase Plan
4 terms
Restricted Stock Vesting financial
"Common | 02/05/2016 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
ESPP Purchase financial
"Common | 04/29/2016 | ESPP Purchase | Issuer"
compensation financial
"170 | 02/05/2016 | Compensation Common"
Employee Stock Purchase Plan financial
"ESPP Purchase | Issuer | | | 14 | 01/31/2017"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does 3M (MMM) disclose in this Form 144 filing?
The filing discloses a planned sale of 3M common stock by an affiliated holder, with the transaction to be executed through Fidelity Brokerage Services LLC on or about August 5, 2026 on the NYSE.
What is the largest single restricted stock vesting in the 3M (MMM) schedule?
The largest single vesting event listed is 2,050 shares of restricted stock that vested on February 8, 2025, identified as compensation from the issuer.
On which exchange is the planned 3M (MMM) stock sale to occur?
The proposed transaction references the NYSE as the securities exchange where the 3M common stock sale is expected to take place, with execution through Fidelity Brokerage Services LLC as broker.