STOCK TITAN

3M (MMM) non-employee director defers pay into 1,360 stock equivalents

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PIZARRO PEDRO reported acquisition or exercise transactions in this Form 4 filing.

3M Co director Pedro Pizarro reported an indirect award of 1,360.402 shares of common stock at $143.34 per share. The grant was made through a corporate account tied to 3M's Compensation Plan for Non-Employee Directors, where deferred dividend reinvestments accrue and the director has no voting or investment power. Following this award, the account holds 7,169.916 shares equivalent.

Positive

  • None.

Negative

  • None.
Insider PIZARRO PEDRO
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,360.402 $143.34 $195K
Holdings After Transaction: Common Stock — 7,169.916 shares (Indirect, By Corporation)
Footnotes (1)
  1. Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors. This non-employee director has elected to defer all or a portion of compensation otherwise payable in cash or stock to a common stock equivalents account under the terms of 3M's Compensation Plan for Non-employee Directors and has no voting or investment powers with respect to such account.
Stock equivalents granted 1,360.402 shares Grant/award acquisition on 2026-05-12
Grant reference price $143.34 per share Common Stock compensation reference value
Holdings after transaction 7,169.916 shares Indirect common stock equivalents after award
Acquisition transactions 1 transaction Non-derivative grant/award acquisition
Compensation Plan for Non-Employee Directors financial
"Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors."
deferred dividend reinvestment shares financial
"Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors."
common stock equivalents account financial
"elected to defer ... to a common stock equivalents account under the terms of 3M's Compensation Plan for Non-employee Directors"
non-employee director financial
"3M's Compensation Plan for Non-Employee Directors."
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PIZARRO PEDRO

(Last)(First)(Middle)
3M CENTER

(Street)
ST. PAUL MINNESOTA 55144

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
3M CO [ MMM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026A1,360.402A$143.347,169.916(1)(2)IBy Corporation
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors.
2. This non-employee director has elected to defer all or a portion of compensation otherwise payable in cash or stock to a common stock equivalents account under the terms of 3M's Compensation Plan for Non-employee Directors and has no voting or investment powers with respect to such account.
Patricia L. Meagher, attorney-in-fact for Pedro J. Pizarro05/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did 3M (MMM) director Pedro Pizarro report in this Form 4?

Pedro Pizarro reported an indirect award of 1,360.402 common shares at $143.34 each. The award reflects deferred director compensation credited to a common stock equivalents account under 3M’s Compensation Plan for Non-Employee Directors.

Is Pedro Pizarro’s 3M Form 4 transaction a market purchase or sale?

The Form 4 shows no market purchase or sale by Pedro Pizarro. It reports a grant or other acquisition of stock equivalents as director compensation, not an open-market trade, and is therefore a routine non-cash award.

How many 3M shares are held after Pedro Pizarro’s latest award?

After the reported award, the indirect account associated with Pedro Pizarro holds 7,169.916 common shares equivalent. These holdings arise from deferred compensation and dividend reinvestments under 3M’s Compensation Plan for Non-Employee Directors.

Does Pedro Pizarro have voting or investment power over these 3M shares?

According to the filing footnotes, Pedro Pizarro has no voting or investment powers over the common stock equivalents account. The shares reflect deferred director compensation rather than a directly controlled personal trading account.

What plan governs the 3M director stock equivalents in this Form 4?

The stock equivalents are governed by 3M’s Compensation Plan for Non-Employee Directors. Under this plan, directors can defer cash or stock compensation into a common stock equivalents account with dividend reinvestment features.