Form 4: BDX Executive's Equity Holdings Update

Becton Dickinson's EVP and Chief People Officer, Shana Carol Neal, reported changes in her beneficial ownership of common stock, including acquisitions from equity awards and tax-related dispositions.

Summary

• Shana Carol Neal, EVP and Chief People Officer of Becton Dickinson and Company (BDX), reported changes in her beneficial ownership of common stock.
• On November 26, 2025, Ms. Neal acquired 6,727 shares of common stock, representing restricted stock units awarded under the company's 2004 Employee and Director Equity-Based Compensation Plan.
• Also on November 26, 2025, Ms. Neal acquired an additional 3,525 shares of common stock upon the vesting of performance-based equity awards.
• Concurrently, on November 26, 2025, 2,454 shares of common stock were disposed of to cover withholding taxes related to the vesting of performance units and previously reported restricted stock units.
• Following these transactions, Ms. Neal's direct beneficial ownership of Becton Dickinson common stock stands at 21,326 shares.
• All reported transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: This is a routine insider transaction reporting equity awards and tax-related dispositions, which does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• Acquisition of 6,727 restricted stock units aligns executive interests with shareholder value.
• Vesting of 3,525 performance-based equity awards indicates achievement of performance metrics.

Negatives

• Disposition of 2,454 shares for tax withholding is a routine event and not indicative of negative sentiment or company performance.

Risks

• None specifically identified in this filing.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

This is a routine insider transaction filing, common across all publicly traded companies, reflecting executive compensation practices and personal equity management. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Minor impact on shareholders as it represents routine executive compensation and tax management, aligning executive interests with company performance through equity ownership.

Key Dates

Keywords

Becton Dickinson, BDX, Form 4, insider transaction, equity compensation, restricted stock units, performance awards, executive ownership, Rule 10b5-1