Form 4: Becton Dickinson Director Timothy M. Ring Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Timothy M. Ring of Becton Dickinson & Co. reports acquiring 930 shares of common stock and disposing of 2,236 shares held indirectly through a 401(k) plan.

Summary

  • Timothy M. Ring, a director at Becton Dickinson & Co., filed a Form 4 indicating changes in his beneficial ownership of company stock.
  • On January 28, 2025, Mr. Ring acquired 930 shares of common stock through restricted stock units awarded under the company's 2004 Employee and Director Equity-Based Compensation Plan.
  • He also disposed of 2,236 shares of common stock held indirectly through a 401(k) plan.
  • Following these transactions, Mr. Ring's total direct holdings are 57,915 shares, and he also has indirect holdings through the 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions reported are typical for directors who receive stock-based compensation and participate in company 401(k) plans.
  • Similar filings can be seen across the healthcare and medical device industry, for example, filings from directors at companies like Medtronic or Abbott would show similar patterns of stock transactions.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to a director's personal holdings and compensation.
  • The filing provides transparency to stakeholders regarding insider trading activity.

Key Dates

DateDescription
01/28/2025Date of stock acquisition and disposal by Timothy M. Ring.
01/30/2025Date the Form 4 was signed by power of attorney.

Keywords

Form 4, Becton Dickinson, Director, Stock Transactions, Beneficial Ownership, Restricted Stock Units, 401(k), Equity Compensation

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