Solventum CEO exercises RSUs, withholds shares for taxes
Solventum Corp Chief Executive Officer Bryan C. Hanson reported routine equity compensation transactions involving company stock.
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 144,722 shares of Common Stock and 34,316 Restricted Stock Units that continue to vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,315 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,315 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,503 | $74.41 | $1.00M |
Footnotes (2)
- F1. Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement.
- F2. 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
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative exercise/conversion financial
Exercise or conversion of derivative security financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SOLV CEO Bryan C. Hanson report on this Form 4?
What are Bryan C. Hanson’s Solventum (SOLV) holdings after these Form 4 transactions?
How do the Restricted Stock Units (RSUs) for Solventum (SOLV) vest for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.