Bozeman David P 4
Research Summary
AI-generated summary
3M (MMM) Director David Bozeman Receives 1,360 Shares
What Happened David P. Bozeman, a 3M director, acquired 1,360.402 shares on 2026-05-12 as an award/acquisition under the company’s non-employee director compensation arrangements. The shares were recorded at $143.34 each, for a total reported value of $195,000. This was an issuance/award (acquisition) rather than an open-market purchase or a sale.
Key Details
- Transaction date: 2026-05-12; filing date: 2026-05-13 (filed timely).
- Transaction type/code: A (Award/Acquisition).
- Shares received: 1,360.402; price per share: $143.34; total value: $195,000.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors (the shares came from reinvested deferred dividends, per F1).
- No indication of a 10b5-1 plan, sale, gift, or option exercise in this report.
Context This transaction reflects compensation/award mechanics (deferred dividend reinvestment) for a non-employee director, a routine way directors accumulate shares. Such awards are administrative/compensation-driven and do not by themselves signal insider buying for speculative reasons.