Solventum Corp·4

Mar 9, 7:49 PM ET

Harrington Paul S 4

Research Summary

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Solventum (SOLV) CSCO Paul Harrington Exercises RSUs

What Happened
Paul Harrington, Chief Supply Chain Officer at Solventum (SOLV), received a grant of 10,950 Restricted Stock Units (RSUs) on 2026-03-05. On 2026-03-06, 3,300 of those RSUs were settled/converted into shares. To satisfy tax withholding, 1,073 shares were surrendered at $69.41 per share, a withholding value of $74,477. Because the exercise/settlement had a $0 exercise price, no cash purchase was required.

Key Details

  • Transactions and dates:
    • 2026-03-05: Grant of 10,950 RSUs (code A) — $0.00 reported (contingent right to shares).
    • 2026-03-06: Settlement/conversion of 3,300 RSUs to shares (code M) — $0.00 exercise price.
    • 2026-03-06: Tax withholding of 1,073 shares (code F) at $69.41 each = $74,477.
  • Net result: Approximately 2,227 shares delivered to Harrington after withholding (3,300 settled − 1,073 withheld). Approximately 7,650 RSUs remain unvested from the 10,950 grant.
  • Footnotes: F1 — each RSU converts to 1 share on settlement. F2 — the RSUs vest in three equal annual tranches (one‑third each year), subject to continued service.
  • Filing timeliness: Report filed 2026-03-09 for transactions on 3/05 and 3/06; filing appears timely under Form 4 rules.

Context
This was a standard equity award and settlement with shares withheld for taxes (routine, not an open-market sale). RSU grants and typical tax‑withholding dispositions are common compensation events and do not by themselves indicate an insider buying or selling for market exposure.