3M HR chief exercises 984 RSUs into stock
3M CO EVP & Chief HR Officer Zoe L. Dickson exercised 984 restricted stock units into the same number of 3M common shares on April 1, 2026.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
3M CO EVP & Chief HR Officer Zoe L. Dickson exercised 984 restricted stock units into the same number of 3M common shares on April 1, 2026. At a reference price of $145.25 per share, 449 shares were withheld to cover tax obligations, leaving her with 21,532.9346 directly held shares plus 300 shares held indirectly through a 401k/paesop trust. The restricted stock units convert into common stock on a one-for-one basis and include dividend share equivalents accrued under 3M's Deferred Compensation Plan.
Insider Trade Summary
984 shares exercised/converted
Exercise
3 txns
Insider
Dickson Zoe L
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 984 | $0.00 | $0.00 |
| Exercise | Common Stock | 984 | $145.25 | $143K |
| Exercise Price or Tax Liability | Common Stock | 449 | $145.25 | $65K |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 21,532.9346 shares (Direct);
Common Stock — 300 shares (Indirect, 401k/paesop Trust)
Holdings Before and After:
Restricted Stock Units, 984 to 0 contracts (Direct);
Common Stock, 20,997.9346 to 21,532.9346 shares (Direct)
Footnotes (3)
- F1. Includes dividend share equivalents, accrued quarterly, pursuant to 3M's Deferred Compensation Plan.
- F2. Restricted stock units convert into 3M common stock on a one-for-one basis.
- F3. The final tranche of this restricted stock unit will vest on April 1, 2026.
Key Figures
RSUs exercised: 984 shares
Share price reference: $145.25 per share
Tax-withheld shares: 449 shares
+2 more
5 metrics
RSUs exercised
984 shares
Restricted stock units converted into common stock on April 1, 2026
Share price reference
$145.25 per share
Price used for common stock entries on April 1, 2026
Tax-withheld shares
449 shares
Shares withheld to satisfy tax obligations at $145.25 per share
Direct holdings after transaction
21,532.9346 shares
Direct 3M common stock position following Form 4 transactions
Indirect 401k/paesop holdings
300 shares
Indirect 3M common stock held via 401k/paesop trust
Key Terms
Restricted Stock Units, Deferred Compensation Plan, tax-withholding disposition, 401k/paesop Trust, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock units convert into 3M common stock on a one-for-one basis."
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.
Deferred Compensation Plan financial
"Includes dividend share equivalents, accrued quarterly, pursuant to 3M's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
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.
401k/paesop Trust financial
"Common Stock ... indirect ... nature_of_ownership: "401k/paesop Trust""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did 3M (MMM) executive Zoe L. Dickson report?
Zoe L. Dickson exercised 984 restricted stock units into 984 shares of 3M common stock. The transaction reflects routine equity compensation, with shares converting on a one-for-one basis and reflecting her role as EVP & Chief HR Officer at 3M.
How do 3M (MMM) restricted stock units convert for Zoe L. Dickson?
Her restricted stock units convert into 3M common stock on a one-for-one basis. The filing notes they also include dividend share equivalents, which accrue quarterly under 3M's Deferred Compensation Plan, enhancing the long-term value of these equity-based awards.
What does the tax-withholding code F mean in the 3M (MMM) Form 4 filing?
Code F indicates shares delivered or withheld to pay an exercise price or tax liability. In this case, 449 shares of 3M common stock were used to satisfy tax obligations tied to the restricted stock unit exercise, rather than being sold in the open market.
Does Zoe L. Dickson have indirect holdings of 3M (MMM) stock?
Yes. Besides her directly held shares, the filing shows 300 shares of 3M common stock held indirectly through a 401k/paesop trust. This reflects retirement-related ownership, separate from the directly held shares reported in the non-derivative holdings table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
