Form 4: Becton Dickinson Executive Richard Byrd Sells 1,940 Shares Under 10b5-1 Plan
SEC Form 4
Richard Byrd, EVP & President Interventional at Becton Dickinson & Co, sold 1,940 shares of common stock at a price of $224.91 on March 12, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On March 12, 2025, Richard Byrd, an Executive Vice President and President Interventional at Becton Dickinson & Co (BDX), sold 1,940 shares of the company's common stock.
- The sale was executed at a price of $224.91 per share.
- Following the transaction, Byrd directly owns 7,411 shares of Becton Dickinson & Co.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. The sale was pre-planned under a 10b5-1 plan, so it doesn't necessarily reflect a negative outlook from the executive.
Industry Context
This is a routine disclosure of an insider stock sale. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but the pre-planned nature of the sale mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 12/11/2024 | Date the reporting person adopted a Rule 10b5-1 plan |
| 03/12/2025 | Date of the transaction (stock sale) |
| 03/13/2025 | Date of signature on the Form 4 filing |
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