Landucci Amy 4

What Happened

• Amy Landucci, Chief Information Officer of Solventum Corp (SOLV), had a multi-part equity transaction recorded in a Form 4. On 2026-03-05 she was granted 12,716 Restricted Stock Units (RSUs). On 2026-03-06 3,795 derivative shares were converted/exercised (reported at $0). To satisfy tax withholding, 1,731 shares were surrendered/disposed at an indicated value of $69.41 per share, totaling $120,149. The filing also shows a matching 3,795-share disposition entry reported at $0 (likely an internal conversion/transfer reporting detail).
• These actions are largely administrative (award + conversion and tax withholding) rather than an open-market buy or sell.

Key Details

• Transaction dates and amounts:
  • 2026-03-05: Grant (A) — 12,716 RSUs @ $0 (contingent right to receive 1 share per RSU).
  • 2026-03-06: Exercise/conversion (M) — 3,795 shares acquired @ $0.
  • 2026-03-06: Tax withholding (F) — 1,731 shares withheld/disposed @ $69.41 = $120,149.
  • 2026-03-06: Exercise/conversion (M) — 3,795 shares reported disposed @ $0 (reported as derivative transfer).
• Shares owned after the transactions are not specified in this Form 4.
• Footnotes: F1—each RSU converts to 1 share on settlement; F2—RSUs vest in three equal annual tranches (1/3 each year) subject to continued service.
• Filing: Form 4 filed 2026-03-09; transactions occurred 2026-03-05/03-06 — filed timely (not marked late).

Context

• The 12,716 RSU grant is an award (not an open-market purchase) and will vest over three years per the footnote schedule; RSU grants are compensation, not direct bullish purchases.
• The exercise/conversion at $0 and the subsequent share withholding for taxes are routine administrative steps insiders commonly take when equity awards vest/convert; the withholding reduces the net shares received.