3M Co: CFO Maheshwari exercised 10,944 shares

What happened Maheshwari Anurag, chief financial officer, exercised or converted 10,944 derivative units at $163.02 on Oct 1, 2026, for $1,784,091. The filing shows 4,991 shares were disposed to satisfy tax withholding at $163.02 for $813,633. The filing also lists a conversion of 10,944 derivative units at $0.

Key details

• Transaction dates and prices: Oct 1, 2026; exercised/conversion at $163.02 (10,944 shares) and tax withholding at $163.02 (4,991 shares); a derivative conversion listed at $0 (10,944 units).
• Transaction codes: M = exercise or conversion of derivative; F = payment of exercise price or tax liability.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 — each restricted stock unit represents a contingent right to receive one share of 3M common stock. F2 — the restricted stock units will vest in three equal installments beginning on Oct 1, 2025.
• Filing date: filed Oct 2, 2026.

Why it may matter The filing shows an exercise/conversion of derivative awards and that 4,991 shares were withheld or disposed to satisfy tax obligations, consistent with a cashless exercise or tax withholding on vesting. The filing does not state the insider's reasons for the transactions. A filing does not show why the insider traded or why the company acted.