Murphy Mark W. 4
Research Summary
AI-generated summary
3M (MMM) EVP Mark Murphy Receives Equity Award
What Happened
- Mark W. Murphy, EVP & Chief Information & Digital Officer of 3M (MMM), was granted two awards of restricted stock units (RSUs) on 2026-02-06: 2,915 RSUs and 12,619 RSUs (total 15,534 RSUs). Each RSU is a contingent right to receive one share of 3M common stock. The grants are recorded at $0.00 (derivative acquisition code A) and are awards rather than purchases or sales.
Key Details
- Transaction date: 2026-02-06; acquisition type: Award/Grant (code A); reported price: $0.00.
- Total RSUs granted: 15,534 (2,915 + 12,619).
- Vesting: 100% vests three years from the grant date (footnote F2).
- Footnotes: F1 confirms each RSU converts to one share upon settlement; F3 describes an option vesting schedule but does not apply to these RSU grants in this filing.
- Shares owned after the transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-02-10 (filed within the required two-business-day window).
Context
- RSUs are derivative awards that convert to actual shares only upon vesting and do not represent an immediate market purchase or sale. Such compensation grants are typically part of executive pay and should not be interpreted as a direct buy/sell signal by the insider.