Fitterling James R 4
4 · 3M CO · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
3M (MMM) Director James R. Fitterling Receives Award of 1,360 Shares
What Happened
James R. Fitterling, listed as a 3M non-employee director, was credited with 1,360.402 shares on 2026-05-12 at an effective price of $143.34 per share, a total value of $195,000. The transaction is recorded as an acquisition/award under 3M’s Compensation Plan for Non-Employee Directors (not an open-market purchase).
Key Details
- Transaction date: 2026-05-12; price: $143.34 per share; total value: $195,000.
- Shares reported acquired: 1,360.402.
- Shares owned after transaction: not disclosed in this filing.
- Footnote F1: acquisition includes deferred dividend reinvestment shares under the director compensation plan.
- Footnote F2: Fitterling elected to defer compensation into a common stock equivalents account; those equivalents carry no voting or investment powers.
- Filing: Form 4 filed 2026-05-13 for the 2026-05-12 transaction (filing appears timely).
Context
This was a compensation-related credit (dividend reinvestment/deferred compensation) rather than an open-market buy or sale. Deferred stock-equivalent holdings may be subject to plan rules and often lack immediate voting rights, so they should be interpreted differently than outright purchases or sales by insiders.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-12$143.34/sh+1,360.402$195,000→ 7,868.463 total(indirect: By Corporation)
- 11,412.005
Common Stock
- 200(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Includes acquisition of deferred dividend reinvestment shares pursuant to 3M's Compensation Plan for Non-Employee Directors.
- [F2]This non-employee director has elected to defer all or a portion of compensation otherwise payable in cash or stock to a common stock equivalents account under the terms of 3M's Compensation Plan for Non-employee Directors and has no voting or investment powers with respect to such account.