Edwards Shirley Ann 4

What Happened

• Shirley Ann Edwards, a director of Solventum Corp (SOLV), converted/exercised 3,403 derivative units (reported as code M) into 3,403 shares of common stock on 2026-04-30. The reported acquisition price was $0.00, so no cash payment was recorded. The filing shows a corresponding derivative disposition entry reflecting the conversion/settlement of the derivative award rather than a market sale.

Key Details

• Transaction date: 2026-04-30 (reported on Form 4 filed 2026-05-01 — timely).
• Transaction type/code: Exercise/conversion of derivative (M).
• Shares acquired: 3,403 common shares at $0.00 per share (total cash consideration reported $0).
• Related entry: 3,403 derivative units disposed (reflects conversion/settlement).
• Footnotes: F1 — each Restricted Stock Unit (RSU) equals a contingent right to 1 share; F2 — the RSUs were fully vested.
• Shares owned after transaction: not specified in the filing.
• No sale or open-market purchase was reported; this was a settlement/conversion of RSUs into common stock.

Context

• This transaction represents the settlement of vested RSUs into common shares — not an open-market buy or a sale. Because no cash changed hands and there was no immediate sale reported, it should be viewed as routine equity compensation settlement rather than a directional market bet by the insider.
• Code M indicates exercise or conversion of a derivative; the filing’s separate acquire/dispose lines are standard when a derivative instrument is converted into underlying shares.