Landucci Amy 4

What Happened Amy Landucci, Chief Information Officer of Solventum (SOLV), had 4,422 restricted stock units (RSUs convert/vest) settle into 4,422 shares on May 13, 2026 (reported on Form 4). To satisfy tax withholding, 2,017 of those shares were disposed at $74.41 per share for a total withheld value of $150,085. Net shares added to her holdings from this settlement were 2,405 shares (4,422 converted less 2,017 withheld).

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
• Conversion (derivative exercise, code M): 4,422 RSUs converted into 4,422 common shares at $0.00 per share.
• Tax withholding/disposition (code F): 2,017 shares disposed at $74.41 each; total value ≈ $150,085.
• Net shares received from the settlement: 2,405 shares.
• Footnotes in the filing:
  • F1: Each RSU represents a right to receive one share upon settlement.
  • F2: The RSUs vest in three tranches—one-third on May 13 of 2025, 2026, and 2027—subject to continued service.
• Shares owned after the transaction are not specified in the provided filing.

Context This was an RSU settlement with shares withheld/sold to cover tax obligations—a common, routine practice for equity awards and not necessarily a directional signal about the insider’s view. The M code indicates conversion/exercise of a derivative (RSU → common stock); the F code reflects tax withholding. The withheld shares’ cash value (~$150K) represents the tax payment rather than an open-market sale driven by investment intent.