Director at Solventum (SOLV) acquires 3,403 shares via RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solventum Corp director Harris Bernard A Jr exercised previously granted Restricted Stock Units (RSUs) into common stock. He acquired 3,403 shares of Solventum common stock through the conversion of fully vested RSUs, and now directly holds 8,947 common shares in total. No shares were sold in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,403 shares exercised/converted
Mixed
2 txns
Insider
Harris Bernard A Jr
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 shares
Shares held after transaction: 8,947 shares
RSU expiration date: 2035-04-30
+2 more
5 metrics
RSUs exercised
3,403 shares
Restricted Stock Units converted to common stock on 2026-04-30
Shares held after transaction
8,947 shares
Total direct Solventum common stock following RSU exercise
RSU expiration date
2035-04-30
Stated expiration date for the RSU award that was exercised
Exercise price per RSU
$0.0000 per unit
Conversion or exercise price for the RSUs settled into common stock
Derivative exercises in filing
1 transaction, 3,403 shares
transactionSummary exerciseCount and exerciseShares for this Form 4
Key Terms
Restricted Stock Units, derivative security, contingent right, fully vested
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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."
FAQ
What insider transaction did Solventum (SOLV) director Harris Bernard A Jr report?
He reported exercising Restricted Stock Units into common stock, acquiring 3,403 Solventum shares. This was a derivative exercise, not an open-market purchase or sale, meaning it converted existing equity awards into directly held common stock without a market trade.
Were the Restricted Stock Units for Solventum (SOLV) fully vested before exercise?
Yes. The footnotes state the RSUs were fully vested before conversion. Each RSU represented a contingent right to receive one share of Solventum common stock upon settlement, and this filing reflects that settlement into 3,403 common shares.
What does the RSU exercise in Solventum (SOLV) indicate about derivative positions?
The transaction converts 3,403 RSUs into common shares, and the derivative summary shows no remaining derivative holdings from this grant. This means that specific RSU award has been fully settled into directly held Solventum common stock.