ALBAN CARLOS 4
Research Summary
AI-generated summary
Solventum Director Alban Carlos Receives 1,980 Shares
What Happened
Alban Carlos, a director of Solventum Corp (SOLV), converted 1,980 vested Restricted Stock Units (RSUs) into 1,980 shares of common stock on 2026-03-27. The conversion/exercise was reported at a $0.00 price per share (no cash paid). The Form 4 records both the acquisition of 1,980 shares and the corresponding disposition/cancellation of the derivative RSU instrument.
Key Details
- Transaction date: 2026-03-27; Form 4 filed: 2026-03-30 (appears timely for the two-business-day filing window).
- Shares acquired: 1,980 common shares; Price: $0.00 per share; reported value $0.
- Post-transaction holdings: not specified in the provided data.
- Footnotes: F1—each RSU equals the contingent right to one common share on settlement; F2—the RSUs were fully vested at conversion.
- No 10b5-1 plan, tax-withholding sale, or open-market sale reported in the provided filing.
Context
This was a non-cash conversion of vested RSUs into common stock (not an open-market purchase or sale). The filing shows the RSU (derivative) was cancelled/settled and shares issued; there is no indication the shares were immediately sold. Such conversions are routine for vested equity awards and do not, by themselves, signal a market buy or sell decision.