3M (MMM) EVP Mark W. Murphy settles 8,895 RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
3M executive Mark W. Murphy reported routine stock compensation activity. On February 6, 2026, he exercised 8,895 restricted stock units, each convertible into one share of 3M common stock, receiving the same number of shares at a price of $172.65 per share.
To cover tax obligations, 3,238 common shares were withheld at $172.65 per share, leaving Murphy with 22,871.9561 3M common shares held directly after the transactions. The restricted stock units had vested in full three years after their February 7, 2023 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,895 shares exercised/converted
Mixed
3 txns
Insider
Murphy Mark W.
Role
EVP & Chief Info Digital Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,895 | $0.00 | -- |
| Exercise | Common Stock | 8,895 | $172.65 | $1.54M |
| Tax Withholding | Common Stock | 3,238 | $172.65 | $559K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 26,109.956 shares (Direct)
Footnotes (1)
- Includes shares acquired under 3M's General Employee Stock Purchase Plan. Each restricted stock unit represents a contingent right to receive one share of 3M common stock. The restricted stock units vest 100% three years from the grant date of February 7, 2023.
FAQ
What insider transaction did 3M (MMM) executive Mark W. Murphy report?
Mark W. Murphy reported exercising 8,895 restricted stock units into 3M common stock. The RSUs converted one-for-one into shares, reflecting standard equity compensation rather than an open-market purchase, and were fully vested before the transaction occurred on February 6, 2026.
What prices were used in Mark W. Murphy’s 3M (MMM) Form 4 transactions?
The common stock tied to Mark W. Murphy’s RSU exercise and tax withholding was valued at $172.65 per share. The RSUs themselves had a conversion price of $0, meaning each unit simply delivered one share of 3M common stock upon vesting and settlement.
What do the M and F transaction codes mean in the 3M (MMM) Form 4?
Code M indicates the exercise or settlement of a derivative security, here restricted stock units converting into 8,895 3M shares. Code F indicates 3,238 shares were disposed of automatically to cover withholding taxes, a common mechanism in equity compensation plans.
When did Mark W. Murphy’s 3M (MMM) restricted stock units vest?
The restricted stock units vested 100% three years after their grant date of February 7, 2023. Once fully vested, they were settled on February 6, 2026, delivering 8,895 3M common shares in accordance with the one-for-one RSU-to-share conversion terms.