Solventum (SOLV) CEO Bryan Hanson Sells Shares for Tax Withholding

What Happened

• Bryan C. Hanson, CEO of Solventum Corp (SOLV), settled 67,261 restricted stock units (RSUs) on Sept 1, 2026. To satisfy tax withholding, 26,468 of those shares were surrendered at an implied price of $90.95 per share, generating $2,407,265 in withheld value. Net shares retained from the settlement: 40,793.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (timely).
• Share activity: 67,261 RSUs converted to shares (code M); 26,468 shares withheld/disposed for taxes (code F) at $90.95 = $2,407,265.
• Net shares retained after withholding: 40,793 (67,261 settled − 26,468 withheld).
• Footnotes: F1 — each RSU = right to 1 common share; F2 — the RSUs were fully vested.
• This was not an open-market sale but withholding to cover tax liability on RSU settlement.

Context

• This is a routine tax-withholding transaction following an RSU settlement (effectively a cashless-style settlement). It reflects receipt of equity by the CEO rather than a voluntary market sale. Such withholding transactions are common and primarily administrative; they do not necessarily indicate the insider’s market view.