Director at 3M (NYSE: MMM) defers compensation into stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
3M director Thomas K. Brown reported routine equity compensation rather than an open-market trade. A corporate entity associated with him acquired 1,360.402 shares of common stock at $143.34 per share as a grant or award under 3M's Compensation Plan for Non-Employee Directors, through deferred dividend reinvestment and deferral of director compensation into a common stock equivalents account. According to the footnotes, he has no voting or investment power over this account. Following the transactions, he holds 1,293.727 shares directly and 17,687.169 shares indirectly through the corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BROWN THOMAS K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,360.402 | $143.34 | $195K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,687.169 shares (Indirect, By Corporation);
Common Stock — 1,293.727 shares (Direct, null)
Footnotes (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.
Key Figures
Grant shares: 1,360.402 shares
Grant price: $143.34 per share
Direct holdings after: 1,293.727 shares
+1 more
4 metrics
Grant shares
1,360.402 shares
Common Stock grant/award acquisition on 2026-05-12
Grant price
$143.34 per share
Price for the 1,360.402-share grant/award
Direct holdings after
1,293.727 shares
Direct 3M common stock position following transactions
Indirect holdings after
17,687.169 shares
Indirect 3M common stock position via corporation after grant
Key Terms
Compensation Plan for Non-Employee Directors, deferred dividend reinvestment shares, common stock equivalents account
3 terms
Compensation Plan for Non-Employee Directors financial
"pursuant to 3M's Compensation Plan for Non-Employee Directors."
common stock equivalents account financial
"to a common stock equivalents account under the terms of 3M's Compensation Plan"
FAQ
What did 3M (MMM) director Thomas K. Brown report in this Form 4?
Thomas K. Brown reported an acquisition of 1,360.402 3M common shares at $143.34 per share. The transaction reflects a grant or award tied to director compensation rather than an open-market purchase or sale.
Was the 3M (MMM) Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market buy or sell. Shares were acquired via deferred compensation and dividend reinvestment under 3M's Compensation Plan for Non-Employee Directors.