3M CO·4

Feb 10, 4:00 PM ET

Dickson Zoe L 4

Research Summary

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3M (MMM) EVP Zoe L. Dickson Exercises Options, Sells 20,519 Shares

What Happened Zoe L. Dickson, EVP & Chief HR Officer of 3M Co., exercised options to acquire 20,519 shares (derivative code M) at $142.94 per share for a total cost of $2,932,986, and immediately sold those 20,519 shares (sale code S) in open-market trades at a weighted average price of $169.97 per share for total proceeds of $3,487,614. The sale appears to follow directly from the exercise (i.e., a cashless or immediate disposition of exercised shares).

Key Details

  • Transaction date: February 9, 2026.
  • Exercise: 20,519 shares at $142.94 each; total $2,932,986 (derivative code M).
  • Sale: 20,519 shares at weighted average $169.97 each; total $3,487,614 (sale code S).
  • Footnote: Weighted-average sale price reflects multiple sale prices in the range $169.91–$170.15 (per filing).
  • Shares owned after transaction: not specified in the provided summary of the filing.
  • Filing: Reported to the SEC on February 10, 2026 (timely relative to the Feb 9 transaction).

Context This was an options exercise followed by an immediate open-market sale of the acquired shares (a common cashless exercise/monetization pattern). The filing is factual and does not state any trading plan (e.g., 10b5-1) or tax-withholding arrangement; no inference about personal views on the company should be drawn from routine exercised-and-sold insider transactions.