3M (MMM) insider acquires 31,813 shares on 10/01/2025

John P. Banovetz, an Executive Vice President of 3M Co., reported insider transactions dated 10/01/2025.

Accepted by SEC EDGAR 10/02/2025 - 04:32 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

John P. Banovetz, an Executive Vice President of 3M Co., reported insider transactions dated 10/01/2025. The filing shows an acquisition of 31,813.3377 shares of 3M common stock and the grant of 3,301 restricted stock units that vest 100% three years from the grant date. The report also shows a disposition of 142 shares withheld for FICA tax at a price of $156, leaving 31,671.3377 shares beneficially owned after the transactions. The RSUs represent contingent rights to one share each and the FICA withholding applies to retirement-eligible executives.

Positive

• 31,813.3377 shares acquired on 10/01/2025, increasing reported ownership
• Grant of 3,301 restricted stock units that vest 100% after three years, aligning executive incentives

Negative

• Disposition of 142 shares withheld for FICA tax at $156, slightly reducing immediate share count

Insights

Corporate Governance Analyst

Insider received a large equity award and had tax-withheld shares on 10/01/2025.

The filing documents an equity acquisition of 31,813.3377 shares and a grant of 3,301 restricted stock units to John P. Banovetz. The RSUs vest fully three years from the grant date, tying value to continued service rather than immediate liquidity.

The filing also records a 142-share disposition for FICA tax at $156, a routine administrative withholding for eligible executives; ownership after the transactions is 31,671.3377 shares.

Compensation & Tax Specialist

Grant structure is time-based RSUs with standard tax withholding.

The restricted stock units are described as one share per unit and vest 100% three years after grant, indicating a time-based retention design. The reported 142 shares withheld for FICA tax reflect tax settlement on equity compensation rather than an open-market sale.

Insider Trade Summary

142 shares exercised/converted

Exercise 3 txns

Insider Banovetz John Patrick

Role Executive Vice President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	142	$0.00	$0.00
Exercise	Common Stock	142	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	142	$156.00	$22K

Holdings After Transaction: Restricted Stock Units — 3,301 contracts (Direct); Common Stock — 31,671.3377 shares (Direct)

Holdings Before and After: Restricted Stock Units, 3,443 to 3,301 contracts (Direct); Common Stock, 31,671.3377 to 31,671.3377 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
2. F2. Shares withheld for FICA tax for retirement eligible executives.
3. F3. The restricted stock units vest 100% three years from the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did John P. Banovetz report on Form 4 for MMM?

The Form 4 reports an acquisition of 31,813.3377 shares, a grant of 3,301 restricted stock units, and a withholding disposition of 142 shares for FICA tax.

When did the reported transactions occur for MMM insider John P. Banovetz?

All reported transactions are dated 10/01/2025 and the Form 4 was signed on 10/02/2025.

What price is shown for the share disposition in the Form 4?

The 142 shares withheld for taxes are reported at a price of $156 per share.

How do the restricted stock units (RSUs) reported vest?

The RSUs are described as vesting 100% three years from the grant date and each RSU represents a right to one share of 3M common stock.

What is the beneficial ownership after the reported transactions?

Following the transactions, the filing shows 31,671.3377 shares beneficially owned.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Banovetz John Patrick

(Last) (First) (Middle)

3M CENTER

(Street)

ST. PAUL MN 55144

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
3M CO [ MMM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		M		142	A	(1)	31,813.3377	D
Common Stock	10/01/2025		F		142(2)	D	$156	31,671.3377	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	10/01/2025		M			142	(3)	(3)	Common Stock	142	(1)	3,301	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of 3M common stock.

2. Shares withheld for FICA tax for retirement eligible executives.

3. The restricted stock units vest 100% three years from the grant date.

	/s/ Patricia L. Meagher, attorney-in-fact for John P. Banovetz	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.