4/A: Becton Dickinson Executive Amends Stock Transaction Filing to Correct Share Withholding

A Becton Dickinson executive amended a previous filing to correct the number of shares withheld for taxes related to vesting performance and restricted stock units.

Summary

• This document is an amended SEC Form 4 filing by Pavan Kumar Mocherla, an EVP & President at Becton Dickinson & Co.
• The amendment corrects a previous filing from November 29, 2024, regarding the vesting of performance units and restricted stock units.
• The correction pertains to the number of shares withheld for payment of withholding taxes.
• The amended filing also updates the total amount of securities beneficially owned by the reporting person.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. It reflects standard corporate governance practices.

Industry Context

This type of filing is standard for corporate executives who have stock-based compensation and is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• Similar filings are common across all publicly traded companies in the US, particularly for executives with stock-based compensation.
• Companies like Medtronic, Abbott Laboratories, and Johnson & Johnson also regularly file similar forms for their executives.
• The level of detail and the process of amending filings to correct errors is consistent with SEC regulations and industry best practices.

Stakeholder Impact

• The correction ensures accurate reporting of executive stock ownership, which is important for shareholders.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Stock Transaction, Becton Dickinson, Executive Compensation, Share Withholding, Performance Units, Restricted Stock Units