Solventum (SOLV) director converts 1,980 RSUs into common stock, holding 5,544 shares
Rhea-AI Filing Summary
Solventum Corp director Shirley Ann Edwards exercised restricted stock units into common shares. On March 27, 2026, she converted 1,980 Restricted Stock Units, each representing a right to receive one share of common stock when settled. This derivative exercise resulted in 1,980 shares of Solventum common stock credited to her direct holdings.
Following the transaction, Edwards directly holds 5,544 shares of Solventum common stock. The filing describes this as an exercise or conversion of a derivative security, not an open-market purchase or sale, and the RSUs involved were reported as fully vested.
Positive
- None.
Negative
- None.
Insights
Director converted 1,980 vested RSUs into common shares and retained them.
Shirley Ann Edwards, a director of Solventum Corp, exercised 1,980 vested Restricted Stock Units, receiving the same number of common shares at a stated price of $0.00 per share. This reflects equity compensation becoming actual share ownership.
No open-market buying or selling occurred; the transaction is recorded as a derivative exercise/acquisition. After the conversion, she directly holds 5,544 shares of common stock. With no remaining derivative positions listed, this appears as a straightforward vesting and settlement event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,980 | $0.00 | -- |
| Exercise | Common Stock | 1,980 | $0.00 | -- |
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
Key Terms
Restricted Stock Units financial
contingent right financial
derivative security financial
fully vested financial
Form 4 regulatory
FAQ
What insider transaction did Solventum (SOLV) disclose for director Shirley Ann Edwards?
Did Shirley Ann Edwards buy or sell Solventum (SOLV) stock on the open market?
What are the details of the Restricted Stock Units in the Solventum (SOLV) Form 4?
How is the transaction in Solventum’s (SOLV) Form 4 classified by the SEC codes?