Form 4: 3M Executive Kevin H. Rhodes Reports Stock Transactions

Kevin H. Rhodes, EVP, Chief Legal Officer & Secretary at 3M, reports the acquisition and disposal of 3M common stock and restricted stock units on February 7, 2025.

Summary

• On February 7, 2025, Kevin H. Rhodes, an executive at 3M, reported transactions involving 3M common stock and restricted stock units.
• Rhodes acquired 9,135 shares of common stock at a price of $149.87.
• He also disposed of 2,951 shares of common stock at a price of $149.87.
• Following these transactions, Rhodes beneficially owns 15,057.5986 shares of 3M common stock.
• The transactions also involved restricted stock units, with 9,135 units exercised.
• The restricted stock units vest 100% three years from the grant date of February 8, 2022.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, simply reporting transactions. There is no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the size of the transactions relative to the overall market capitalization of 3M.

Key Dates

Keywords

3M, Kevin H. Rhodes, stock transactions, common stock, restricted stock units, Form 4, beneficial ownership, executive compensation