Form 4: 3M Executive Theresa E. Reinseth Reports Stock Transactions
SEC Filing
Theresa E. Reinseth, a Senior Vice President & CAO at 3M, reported the acquisition and disposal of 3M common stock on February 3, 2025, according to a Form 4 filing.
Summary
- Theresa E. Reinseth, a Senior Vice President & CAO at 3M, filed a Form 4 with the SEC.
- The filing reports transactions involving 3M common stock on February 3, 2025.
- Reinseth acquired 857.804 shares related to a performance share award that vested.
- 256 shares were disposed of to cover tax obligations.
- Reinseth directly owns 4,161.2204 shares of 3M common stock after the reported transactions.
- She also indirectly owns 558 shares through a 401k/PAESOP trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates activity by a top executive at 3M.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related disposals.
Key Dates
| Date | Description |
|---|---|
| March 1, 2022 | Date of performance share award made to the reporting person |
| February 3, 2025 | Date of stock transactions (acquisition and disposal) |
| February 5, 2025 | Date of signature on the Form 4 filing |
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