4/A: 3M Executive Theresa E. Reinseth Amends Form 4 Filing to Correct Tax Withholding
SEC Filing Amendment
Theresa E. Reinseth, a Senior Vice President & CAO at 3M, amended a previous Form 4 filing to reflect the actual number of shares withheld for tax payments related to a transaction on February 3, 2025.
Summary
- Theresa E. Reinseth, a Senior Vice President & CAO at 3M, filed an amendment to a Form 4, which reports changes in beneficial ownership of securities.
- The amendment updates the number of shares withheld for tax payments related to a transaction that occurred on February 3, 2025.
- The original filing contained an estimated number of shares withheld, and this amendment provides the actual number.
- The transaction involved common stock, with 292 shares disposed of to cover tax obligations.
- Following the reported transaction, Reinseth beneficially owns 4,983.0244 shares of 3M common stock directly.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing amendment, indicating a neutral sentiment. The correction of the tax withholding information suggests attention to detail and compliance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This amendment highlights the importance of accurate reporting and compliance with SEC regulations.
Stakeholder Impact
- The amendment ensures accurate reporting of insider transactions, which promotes transparency for shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of the original transaction involving the disposal of shares for tax withholding. |
| 02/05/2025 | Date of original Form 4 filing. |
| 02/18/2025 | Date of the Form 4 amendment filing. |
Keywords
Form 4, Amendment, Beneficial Ownership, 3M, Reinseth, Tax Withholding, Securities, MMM
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