3M (MMM) Group President makes series of small open-market stock buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
3M CO Group President Christian T. Goralski Jr. reported a series of small open-market purchases of 3M common stock. He bought 9 shares at $97.257 on May 30, 3 shares at $103.209 on June 27, 3 shares at $127.037 on August 15, and 2 shares at $127.99 on October 23. After these transactions, he directly owns 6,971.28 shares of 3M common stock, which includes shares acquired under 3M's General Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17 shares ($1,822)
Net Buy
4 txns
Insider
Goralski Christian T JR
Role
Group President
Bought
17 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2 | $127.99 | $255.98 |
| Purchase | Common Stock | 3 | $127.037 | $381.11 |
| Purchase | Common Stock | 3 | $103.209 | $309.63 |
| Purchase | Common Stock | 9 | $97.257 | $875.31 |
Holdings After Transaction:
Common Stock — 6,971.28 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Total shares bought: 17 shares
Holding after latest trade: 6,971.28 shares
Purchase on May 30, 2024: 9 shares at $97.257
+3 more
6 metrics
Total shares bought
17 shares
Net open-market purchases reported in this Form 4
Holding after latest trade
6,971.28 shares
Direct ownership of 3M common stock after October 23, 2024
Purchase on May 30, 2024
9 shares at $97.257
Open-market purchase of 3M common stock
Purchase on June 27, 2024
3 shares at $103.209
Open-market purchase of 3M common stock
Purchase on August 15, 2024
3 shares at $127.037
Open-market purchase of 3M common stock
Purchase on October 23, 2024
2 shares at $127.99
Open-market purchase of 3M common stock
Key Terms
open-market purchase, Common Stock, General Employee Stock Purchase Plan, Form 4
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
General Employee Stock Purchase Plan financial
"Includes shares acquired under 3M's General Employee Stock Purchase Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did MMM executive Christian Goralski report?
Christian T. Goralski Jr., a Group President at 3M (MMM), reported four open-market purchases of common stock totaling 17 shares. These trades occurred between May 30 and October 23, 2024, at prices ranging from $97.257 to $127.99 per share.
Were the MMM insider transactions open-market purchases or another type?
All reported trades by Christian T. Goralski Jr. in this filing are open-market purchases of 3M common stock, coded as P. The filing describes them as purchases in open market or private transactions, rather than option exercises, gifts, or tax withholdings.