Fitterling James R 4

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.