EISENBERG GLENN A 4
Research Summary
AI-generated summary
Solventum (SOLV) Director Glenn Eisenberg Converts 1,980 RSUs
What Happened
- Glenn A. Eisenberg, a director of Solventum Corp (SOLV), converted 1,980 restricted stock units (RSUs) into 1,980 shares on March 27, 2026. The reported exercise/conversion price was $0.00, so no cash was paid and the reported value is $0.
- The Form 4 shows both an "acquired" entry (1,980 shares @ $0.00) and a corresponding "disposed" derivative entry for 1,980 units — consistent with RSUs being settled/converted into common shares rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-27. Filing date: 2026-03-30 (filed timely).
- Price: $0.00 per share; total reported cash exchanged = $0.
- Shares acquired: 1,980 common shares via conversion of RSUs.
- Shares owned after transaction: not provided in the supplied data.
- Footnotes: F1 — each RSU represents a contingent right to 1 common share upon settlement. F2 — the RSUs were fully vested.
- Transaction code: M (exercise or conversion of derivative securities). The "disposed" derivative line reflects the RSUs being settled/converted, not necessarily a sale of the resulting shares.
Context
- This is an administrative settlement of vested RSUs (no cash exercise price) and not an open‑market purchase or sale that signals buying or selling intent.
- For retail investors, these conversions are common when RSUs vest and are settled into shares; they do not by themselves indicate a change in insider sentiment.