3M executive exercises RSUs, covers tax with shares
3M CO senior vice president and chief accounting officer Theresa E. Reinseth reported routine equity compensation activity.
Rhea-AI Filing Summary
3M CO senior vice president and chief accounting officer Theresa E. Reinseth reported routine equity compensation activity. She exercised 1,441 restricted stock units into an equal number of common shares at $142.50 per share, and 517 of those shares were withheld to cover tax obligations. After these transactions, she directly owned 3,521.6554 common shares and held 1,442 restricted stock units, each representing a contingent right to one share. She also indirectly held 571 common shares through a 401(k)/PAESOP trust, including shares acquired via 3M's dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,441 shares exercised/converted
Exercise
4 txns
Insider
Reinseth Theresa E
Role
Sr Vice President & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,441 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,441 | $142.50 | $205K |
| Exercise Price or Tax Liability | Common Stock | 517 | $142.50 | $74K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,442 contracts (Direct);
Common Stock — 3,521.6554 shares (Direct);
Common Stock — 571 shares (Indirect, By 401k/paesop Trust)
Footnotes (3)
- F1. Includes shares acquired pursuant to 3M's Dividend Reinvestment Plan.
- F2. Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
- F3. The restricted stock units vest in three equal annual installments beginning on May 3, 2025.
Key Figures
RSUs exercised: 1,441 shares at $142.50
Shares withheld for taxes: 517 shares at $142.50
Direct common shares after transaction: 3,521.6554 shares
+2 more
5 metrics
RSUs exercised
1,441 shares at $142.50
Common Stock acquired via derivative exercise on 2026-05-01
Shares withheld for taxes
517 shares at $142.50
Tax-withholding disposition (code F) on 2026-05-01
Direct common shares after transaction
3,521.6554 shares
Direct ownership following transactions
Indirect common shares in 401(k)/PAESOP
571 shares
Indirect ownership via 401k/PAESOP trust
Restricted Stock Units outstanding
1,442 units
Each unit represents right to one share of 3M stock
Key Terms
Restricted Stock Units, Dividend Reinvestment Plan, tax-withholding disposition
3 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal annual installments beginning on May 3, 2025."
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.
Dividend Reinvestment Plan financial
"Includes shares acquired pursuant to 3M's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did 3M (MMM) executive Theresa Reinseth report?
Theresa Reinseth exercised 1,441 restricted stock units into 3M common stock at $142.50 per share and had 517 of those shares withheld to satisfy tax liabilities. The activity reflects routine equity compensation rather than an open-market trade.
How were 3M (MMM) restricted stock units treated in Theresa Reinseth’s filing?
The filing reports 1,441 restricted stock units converted into common stock, with each unit representing one share. After the conversion, 1,442 restricted stock units remained outstanding, vesting in three equal annual installments beginning May 3, 2025, according to the footnotes.
What indirect 3M (MMM) holdings does Theresa Reinseth report?
Theresa Reinseth reports 571 3M common shares held indirectly through a 401(k)/PAESOP trust. Footnotes state this amount includes shares acquired via 3M’s dividend reinvestment plan, indicating accumulation through retirement and reinvestment programs rather than active market purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
