3M (MMM) EVP Mark W. Murphy gains 11,173 shares from vested performance awards
Rhea-AI Filing Summary
3M EVP & Chief Information Digital Officer Mark W. Murphy reported equity compensation activity in 3M common stock. On February 2, 2026, he acquired 11,173.408 shares at $0 per share from performance share awards granted on March 1, 2023, after performance goals were certified as met.
Murphy had previously elected to defer receipt of 93% of these performance shares and will not have voting or investment power over the deferred portion until they are issued. On the same date, 603 shares were withheld to cover taxes, also at $0 per share.
After these transactions, Murphy directly beneficially owned 17,214.9561 shares of 3M common stock, including shares acquired under 3M's General Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,173.408 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 603 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents shares of 3M common stock that will be delivered pursuant to the terms of performance share awards made to the reporting person on March 1, 2023. The performance-based vesting requirements applicable to such awards were satisfied on the date reported in Column 2 above, which represents the date on which the level of performance attained was certified. The reporting person previously elected to defer receipt of ninety-three percent of the shares and will not have voting or investment powers with respect to such shares until they are issued.
- F2. The number of shares withheld for taxes was estimated and will be revised by amendment if necessary.
- F3. Includes shares acquired under 3M's General Employee Stock Purchase Plan.
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