BRISTOL MYERS SQUIBB CO·4

Mar 12, 4:15 PM ET

Poole Ahn Amanda 4

Research Summary

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Bristol Myers (BMY) EVP Amanda Poole Ahn Exercises Awards, Withholds Shares

What Happened

  • Amanda Poole Ahn, EVP & Chief People Officer of Bristol Myers Squibb (BMY), had multiple market-share and performance awards vest/convert on March 10, 2026. The filing shows conversion/exercise of derivative awards that resulted in 6,436 underlying shares being issued (811 + 803 + 4,822), with 1,992 shares withheld to cover tax liabilities (tax withholdings valued at $119,779).
  • In addition to the vesting/conversion, two new award grants (derivative units) were reported on the same date: 15,347 and 23,020 market/performance units (total 38,367 units). The withheld shares represent tax withholding on vested awards rather than an open-market sale.

Key Details

  • Transaction date: 2026-03-10; Form filed: 2026-03-12 (timely filing).
  • Conversion/exercise (M): 811, 803, and 4,822 derivative units converted into shares (total 6,436 shares acquired).
  • Tax withholding (F): 369, 367, and 1,256 shares withheld and disposed to satisfy tax liabilities — 1,992 shares total, total value $119,779 (using $60.13/share).
  • New grants (A): 15,347 and 23,020 market/performance units granted (total 38,367 units) reported as derivative awards.
  • Footnotes: Vesting includes quarterly vesting of market share units from 2022 and 2023 grants (F1, F4); shares withheld for taxes (F3); performance-based payout adjustments may apply (F2, F6) and payout factors are tied to stock Total Return and relative TSR with floors and caps (F8/F10). Some performance awards are subject to Board certification (F11/F12/F9).
  • Filing notes: Exhibit 24 (Power of Attorney) attached. No late-filing indicator in the record.

Context

  • These transactions are routine compensation events: the filings reflect vesting/conversion of company awards and corresponding tax withholdings rather than an outright market sale or purchase by the insider. The withholding of shares to cover taxes is common (coded F) and effectively a net issuance to the insider, not a signal of buying or selling in the open market.
  • The awards involved include market-share units and performance share units that are subject to payout formulas and Board certification; final payout can vary based on stock performance and peer-relative TSR.