Gallagher Paul Joseph 4

What Happened
Paul Joseph Gallagher, Group President of 3M Co. (MMM), received a grant of 9,291 restricted stock units (RSUs) reported on a Form 4 with a transaction date of 2026-03-02. The filing records the acquisition price as $0.00 (derivative award). RSUs are contingent rights to receive shares — they are not immediate open-market purchases or sales.

Key Details

• Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (Accession 0000066740-26-000133).
• Transaction type/code: A — Grant/Award (derivative).
• Shares/units granted: 9,291 restricted stock units; recorded price $0.00 (no cash paid reported).
• Vesting: RSUs vest in three equal annual installments beginning March 2, 2027 (footnote F2).
• What an RSU means: Each RSU represents a contingent right to one share of 3M common stock upon vesting (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing appears timely (reported the day after the transaction); no late filing flag noted.

Context
RSU grants are a common form of executive compensation and do not represent an immediate buy or sell of shares — they convert into shares (and possibly create taxable events) only as they vest. This grant should be viewed as a compensation award rather than a direct market transaction signaling immediate insider buying or selling.