Kereere Suzan 4

What Happened Suzan Kereere, a member of 3M's board of directors, was issued 1,360.402 shares of 3M stock on 2026-05-12 as an award/acquisition (code A). The shares were valued at $143.34 each, for a total transaction value of $195,000. This was an acquisition/award (not a sale), which is typically routine compensation rather than a market-timed purchase.

Key Details

• Transaction date and price: 2026-05-12, 1,360.402 shares at $143.34 per share.
• Total value: $195,000 (rounded).
• Transaction type: Award/Acquisition (SEC code A).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 notes these are deferred dividend reinvestment shares under 3M's Compensation Plan for Non-Employee Directors.
• Filing date/timeliness: Report filed 2026-05-13 (appears timely).

Context

• These shares were issued as part of director compensation via dividend reinvestment, a common and routine method for non-employee directors to receive equity. Such awards reflect compensation mechanics rather than necessarily indicating the director's personal buying or selling decision.