Solventum (SOLV) director converts 3,403 RSUs to common stock, holds 8,947 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solventum Corp director Susan D. DeVore exercised restricted stock units into common shares. On April 30, 2026, she converted 3,403 RSUs, receiving the same number of Solventum common shares. Following this transaction, she directly holds 8,947 shares of common stock. The RSUs were fully vested and represented a right to receive one share of common stock per unit.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,403 shares exercised/converted
Mixed
2 txns
Insider
DeVore Susan D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,403 | $0.00 | -- |
| Exercise | Common Stock | 3,403 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 8,947 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 are fully vested.
Key Figures
RSUs exercised: 3,403 units
Shares received: 3,403 shares
Post-transaction holdings: 8,947 shares
+2 more
5 metrics
RSUs exercised
3,403 units
Restricted Stock Units converted to common stock on April 30, 2026
Shares received
3,403 shares
Common stock issued upon RSU settlement
Post-transaction holdings
8,947 shares
Common stock directly held after the April 30, 2026 transaction
Derivative code
Code M
Exercise or conversion of derivative security reported on Form 4
Derivative expiration
April 30, 2035
Expiration date listed for the RSU derivative security
Key Terms
Restricted Stock Units, derivative exercise/conversion, Exercise or conversion of derivative security, fully vested, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Exercise or conversion of derivative security regulatory
"transaction_code_description": "Exercise or conversion of derivative security""
fully vested financial
"The RSUs are fully vested."
contingent right financial
"represents a contingent right to receive 1 share of the issuer's Common Stock"
FAQ
What insider transaction did Solventum Corp (SOLV) report for Susan D. DeVore?
Solventum reported that director Susan D. DeVore exercised 3,403 restricted stock units into common stock. The RSUs were fully vested and converted one-for-one into Solventum common shares, increasing her direct equity position in the company.
What type of security did Solventum (SOLV) director DeVore exercise?
She exercised restricted stock units, which are derivative securities that convert into common shares. Each RSU represented a contingent right to receive one share of Solventum’s common stock upon settlement, and the units involved in this filing were fully vested.
Was there any open-market buying or selling in this Solventum (SOLV) Form 4?
The Form 4 reflects a derivative exercise, not an open-market trade. Susan D. DeVore converted 3,403 vested restricted stock units into the same number of common shares, with no reported open-market purchases or sales associated with this transaction.
What does it mean that Solventum (SOLV) RSUs were fully vested?
Fully vested restricted stock units have satisfied their service or performance conditions, so the holder has earned the right to receive shares. In this case, Susan D. DeVore’s vested RSUs converted into 3,403 Solventum common shares upon settlement on April 30, 2026.