Form 4: BDX Executive Michael Garrison Sells Shares
Statement of Changes in Beneficial Ownership
Becton Dickinson EVP Michael Garrison sold 1,100 shares of common stock under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Michael David Garrison, EVP & President of Med. Essntl & BioPharm at Becton Dickinson, sold 1,100 shares of common stock.
- The transaction occurred on June 10, 2026, at a price of $151.48 per share.
- Following the sale, the reporting person maintains direct ownership of 14,272 shares.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 18, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed via a pre-planned 10b5-1 arrangement, which is standard practice for corporate officers.
Positives
- The transaction was conducted under a pre-established Rule 10b5-1 plan, which is a standard mechanism for executives to sell shares without concerns regarding insider trading.
Negatives
- The sale represents a reduction in the executive's direct equity stake in the company.
Risks
- None identified in this filing.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales under 10b5-1 plans are routine corporate governance activities and generally do not signal a change in company fundamentals or management sentiment.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for executives at large-cap medical technology firms like Becton Dickinson to manage personal liquidity.
Stakeholder Impact
- Minimal impact on shareholders as the transaction was pre-planned and represents a small portion of the executive's total holdings.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 2026-02-18 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-06-10 | Date of the reported stock sale transaction. |
| 2026-06-11 | Date the Form 4 was signed and filed. |
Keywords
BDX, Becton Dickinson, Insider Trading, Form 4, Executive Compensation, Rule 10b5-1
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