3M Co: issues warrant to Amazon subsidiary to buy 3,162,015 shares

What happened On Oct 19, 2026, 3M Company announced it entered into an expanded strategic commercial relationship with a wholly-owned subsidiary of Amazon.com, Inc. 3M issued a warrant to a separate wholly-owned subsidiary of Amazon to purchase up to 3,162,015 shares of 3M common stock over a 7 year period at a purchase price per common share of $164.89. The filing includes forward-looking statement language and references risk factors in 3M’s Form 10-K for the year ended Dec 31, 2025.

Key details

• Filing date: Oct 19, 2026.
• Warrant size and price: up to 3,162,015 shares at $164.89 per share, exercisable over a 7 year period.
• Vesting: 85% of the Warrant Shares vest subject to payments from Amazon for optical connectivity and other Data Center products, with full vesting once cumulative payments reach $6,000,000,000; the remaining Warrant Shares vest subject to event-based milestones.
• The filing contains customary forward-looking statement disclaimers and says 3M assumes no duty to update those statements.

Why it may matter The filing reports Item 7.01, Regulation FD disclosure, which covers the public disclosure of the expanded commercial relationship and the terms of the warrant and includes forward-looking statement language. The filing does not show why the insider traded or why the company acted.