Form 4: Becton Dickinson Executive Sells 500 Shares Under 10b5-1 Plan

David Shan, EVP and Chief ISC Officer at Becton Dickinson, sold 500 shares of common stock at $240 per share on January 21, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• David Shan, an Executive Vice President and Chief ISC Officer at Becton Dickinson & Co, sold 500 shares of the company's common stock on January 21, 2025.
• The sale was executed at a price of $240 per share.
• This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which was adopted on September 5, 2024.
• Following the transaction, Mr. Shan directly owns 5,741 shares of Becton Dickinson common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction under a pre-arranged trading plan, indicating a neutral sentiment. There is no indication of positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on inside information. This type of transaction is not unusual for a company like Becton Dickinson.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and the use of 10b5-1 plans is a standard practice to ensure compliance with insider trading regulations.
• Companies like Medtronic (MDT) and Abbott Laboratories (ABT) also see similar filings from their executives.
• The volume of shares sold (500) is relatively small compared to the total outstanding shares of Becton Dickinson, suggesting this is a routine transaction rather than a significant change in executive sentiment.

Stakeholder Impact

• The sale of 500 shares by an executive is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Becton Dickinson, BDX, insider trading, Form 4, David Shan, 10b5-1 plan, executive stock sale