Jones Christopher Ian Montague 4
Research Summary
AI-generated summary
BDX Director Christopher Jones Receives 272-Share Award
What Happened
- Christopher Ian Montague Jones, a director of Becton Dickinson & Co. (BDX), was granted 272 derivative shares on 2026-02-04. The reported per-share value is $201.91, for a total reported value of approximately $54,920.
- This was an award/grant (transaction code A), not an open-market purchase or sale. The instruments are derivative securities that convert to common stock on a one-for-one basis.
Key Details
- Transaction date and value: 2026-02-04; 272 shares at $201.91 each; total ~$54,920.
- Type: Award/Grant of derivative securities (convertible 1:1 to common stock) — reported as a derivative acquisition.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes from the filing:
- F1: Securities convert to common stock on a one-for-one basis.
- F2: Securities are distributed following termination of the reporting person’s service as a director, or on dates specified by the reporting person.
- F3: Includes rights acquired through dividend reinvestment since the last report.
- Filing timeliness: Form 4 filed 2026-02-05 for a 2026-02-04 transaction (appears timely).
Context
- Awards to directors are common forms of compensation or deferred pay and do not necessarily signal a personal buy/sell decision. Because these are derivative awards that convert 1:1 to common stock and may be distributed upon termination (per F2), they can represent deferred or contingent compensation rather than an immediate transfer of common shares.