Solventum (SOLV) director Susan DeVore awarded 3,300 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solventum Corp director Susan D. DeVore received a grant of 3,300 Restricted Stock Units (RSUs) that convert into the same number of common shares upon settlement. The award was given at no cash cost to her and represents equity-based compensation rather than an open-market purchase.
The RSUs are scheduled to fully vest on May 15, 2027, provided she continues to serve through that date. Following this grant, her reported holdings in RSUs tied to common stock total 3,300 units, aligning her compensation more closely with future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeVore Susan D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,300 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 on May 15, 2027, subject to continued service through the vesting date.
Key Figures
RSUs granted: 3,300 units
RSUs underlying shares: 3,300 shares
Grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
3,300 units
Restricted Stock Units granted to director on May 15, 2026
RSUs underlying shares
3,300 shares
Each RSU represents 1 share of common stock
Grant price
$0.00 per unit
Equity award, no cash paid by reporting person
Post-grant RSU holdings
3,300 units
Total RSUs held following this transaction
Vesting date
May 15, 2027
RSUs fully vest subject to continued service
Key Terms
Restricted Stock Units, RSU, vesting, Common Stock
4 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.
RSU 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 (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vesting financial
"The RSUs shall fully vest on May 15, 2027, subject to continued service through the vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"Each Restricted Stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Solventum (SOLV) director Susan DeVore report on this Form 4?
Director Susan D. DeVore reported receiving 3,300 Restricted Stock Units as equity compensation. Each RSU represents a contingent right to one Solventum common share, subject to future vesting conditions and continued service with the company.
When do Susan DeVore’s Solventum (SOLV) RSUs vest?
The RSUs are scheduled to fully vest on May 15, 2027, subject to continued service through the vesting date. If she remains in service until then, the units become eligible for settlement into common shares.
What is a Restricted Stock Unit (RSU) in the context of Solventum (SOLV)?
A Restricted Stock Unit is a promise to deliver a share of common stock in the future if conditions are met. Here, each RSU represents one Solventum share, contingent on the director meeting the vesting requirement.