Form 4: Becton Dickinson Director Byington Reports Acquisition of Rights to Common Stock
SEC Form 4 Filing
Director Carrie L Byington reports acquiring rights to 128 shares of Becton Dickinson common stock under the company's deferred compensation plan.
Summary
- On November 5, 2024, Carrie L Byington, a director of Becton Dickinson & Co. (BDX), acquired rights to 128 shares of common stock under the BD deferred compensation plan.
- These rights convert to common stock on a one-for-one basis and will be distributed following the termination of Byington's service as a director, or on a date specified by Byington.
- The price of the rights to common stock was $233.59.
- Following the transaction, Byington beneficially owns 1,424 derivative securities, which includes rights acquired through dividend reinvestment since the last report.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which has a neutral sentiment.
Future Outlook
The rights to common stock will be distributed following the termination of Byington's service as a director, or on a date specified by Byington.
Industry Context
This filing is a routine disclosure related to insider transactions and deferred compensation plans, which are common practices in publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a director's participation in a deferred compensation plan.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Date of transaction: Carrie L Byington acquired rights to common stock. |
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