Form 4: Becton Dickinson Executive Sells Shares to Cover Tax Obligations

David Shan, an EVP at Becton Dickinson, sold 44 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• David Shan, an Executive Vice President and Chief ISC Officer at Becton Dickinson & Co., sold 44 shares of common stock on January 3, 2025.
• The sale was executed to cover withholding taxes associated with the vesting of previously reported restricted stock unit awards.
• Following the transaction, Mr. Shan directly owns 6,241 shares of Becton Dickinson common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment. It is a normal part of executive compensation.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The number of shares sold is relatively small compared to the total holdings of the executive, which is typical for these types of transactions.
• Similar transactions are regularly reported by executives at comparable companies in the medical device and healthcare industry.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive for tax purposes.

Key Dates

Keywords

Becton Dickinson, David Shan, stock sale, Form 4, executive, restricted stock units, tax obligations