Solventum CEO settles 67K RSUs, withholds shares
Solventum’s CEO converted vested RSUs into common stock, with a portion of shares withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
Solventum Corp (SOLV) reported that Chief Executive Officer and director Bryan C. Hanson settled 67,261 Restricted Stock Units into an equal number of shares of Common Stock on September 1, 2026. As part of the same event, 26,468 shares of Common Stock were delivered or withheld to cover the exercise price or tax liability at $90.95 per share, with the remaining shares retained as directly owned Common Stock. The RSUs used in this transaction were fully vested and, after settlement, no units from this grant remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
67,261 shares exercised/converted
Exercise
3 txns
Insider
Hanson Bryan C
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 67,261 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 67,261 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 26,468 | $90.95 | $2.41M |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 185,515 shares (Direct)
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 are fully vested.
Key Figures
RSUs settled into Common Stock: 67,261 units
Shares delivered or withheld: 26,468 shares
Share price used for tax/exercise: $90.95 per share
+2 more
5 metrics
RSUs settled into Common Stock
67,261 units
Restricted Stock Units converted into Common Stock on September 1, 2026
Shares delivered or withheld
26,468 shares
Common Stock delivered or withheld to cover exercise price or tax liability
Share price used for tax/exercise
$90.95 per share
Price applied to the 26,468 shares delivered or withheld
RSU-to-share conversion ratio
1.0
Each RSU represented a contingent right to receive 1 share of Common Stock
Transaction date
September 1, 2026
Date of RSU settlement and related share delivery/withholding
Key Terms
Restricted Stock Units, contingent right, fully vested, tax liability
4 terms
Restricted Stock Units financial
"Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share"
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.
contingent right financial
"represents a contingent right to receive 1 share of the issuer's Common Stock"
fully vested financial
"The RSUs are fully vested."
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What equity transaction did SOLV’s CEO Bryan C. Hanson report?
Bryan C. Hanson converted 67,261 Restricted Stock Units into the same number of Solventum Common Stock shares on September 1, 2026, with part of the resulting shares delivered or withheld to cover the exercise price or tax liability.
Were the Solventum RSUs exercised by the CEO vested at the time of settlement?
Yes. The company states that the Restricted Stock Units involved in the September 1, 2026 transaction were fully vested at the time they were settled into shares of Common Stock.
Does this SOLV insider transaction involve a Rule 10b5-1 trading plan?
No. The report indicates that these transactions by Solventum’s Chief Executive Officer were not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.