Rhodes Kevin H 4

What Happened

• Kevin H. Rhodes, EVP and Chief Legal Officer & Secretary of 3M, was granted two derivative awards on Feb 6, 2026: 4,243 and 18,367 units (total 22,610). Both awards were recorded at $0.00 per unit (no immediate cash exchanged).
• The filing treats these as derivative awards. Footnotes indicate some units are restricted stock units (each RSU = contingent right to one share) and others are stock option awards with different vesting schedules.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-10 (filed on time).
• Amounts granted: 4,243 units and 18,367 units (total 22,610). Reported price: $0.00 (derivative awards).
• Vesting notes: RSUs vest 100% three years from the grant date; the stock option portion vests in three equal annual installments (per footnotes).
• Shares owned after the transaction: not specified in the excerpt provided.
• Transaction code: A = Award/Grant. This is compensation, not an open-market purchase or sale.

Context

• RSUs convert to actual shares only upon vesting; stock options must vest before exercise. Neither award represents an immediate buy or sell of shares and therefore is routine executive compensation rather than a direct market signal.
• For retail investors, awards are useful to track executive compensation and potential future share issuance, but they do not indicate immediate insider buying or selling.