Solventum (SOLV) CEO exercises RSUs, uses 13,503 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solventum Corp Chief Executive Officer Bryan C. Hanson reported routine equity compensation transactions involving company stock. He exercised Restricted Stock Units covering 34,315 shares of Common Stock, increasing his direct holdings. To cover tax obligations, 13,503 shares of Common Stock were disposed of at a price of $74.41 per share through share withholding, not an open-market sale. After these transactions, he directly holds 158,225 shares of Common Stock and 34,316 Restricted Stock Units that continue to vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,315 shares exercised/converted
Mixed
3 txns
Insider
Hanson Bryan C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,315 | $0.00 | -- |
| Exercise | Common Stock | 34,315 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,503 | $74.41 | $1.00M |
Holdings After Transaction:
Restricted Stock Units — 34,316 shares (Direct, null);
Common Stock — 158,225 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement. The RSUs shall fully vest in three tranches, with one-third vesting on each of May 13, 2025; May 13, 2026; and May 13, 2027, subject to continued service through the vesting date.
Key Figures
RSUs exercised: 34,315 shares
Tax-withholding shares: 13,503 shares
Price per share for withholding: $74.41 per share
+4 more
7 metrics
RSUs exercised
34,315 shares
Restricted Stock Units converted into Common Stock on May 13, 2026
Tax-withholding shares
13,503 shares
Shares delivered at $74.41 per share to cover tax liability
Price per share for withholding
$74.41 per share
Value used for Common Stock shares disposed for taxes
Common Stock after transactions
158,225 shares
Direct ownership following reported Form 4 transactions
RSUs remaining
34,316 units
Restricted Stock Units outstanding after RSU exercise and conversion
Tax-withholding transaction size
1 transaction, 13,503 shares
Summary of F-code tax-withholding disposition
Derivative exercise transactions
2 transactions, 34,315 shares
M-code derivative exercises including RSU conversion
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement."
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 13,503 shares of Common Stock"
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSUs converting into Common Stock"
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
contingent right financial
"Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement."
FAQ
What insider transactions did SOLV CEO Bryan C. Hanson report on this Form 4?
Bryan C. Hanson reported exercising Restricted Stock Units into Common Stock and a related tax-withholding share disposition. These are equity compensation events, not open-market trades, reflecting routine conversion of RSUs into shares and using a portion of those shares to satisfy tax obligations.
What are Bryan C. Hanson’s Solventum (SOLV) holdings after these Form 4 transactions?
Following the reported transactions, Bryan C. Hanson directly holds 158,225 shares of Solventum Common Stock. He also holds 34,316 Restricted Stock Units, which represent additional contingent rights to receive Common Stock as they vest under the company’s equity compensation arrangements.
How do the Restricted Stock Units (RSUs) for Solventum (SOLV) vest for the CEO?
The RSUs vest in three equal tranches, with one-third vesting on May 13, 2025, one-third on May 13, 2026, and one-third on May 13, 2027. Vesting is conditioned on the CEO’s continued service with Solventum through each respective vesting date.