Form 4: Bristol-Myers Squibb Director Acquires Deferred Share Units
SEC Form 4 Filing
Director Derica W. Rice acquired 3,562.431 deferred share units of Bristol-Myers Squibb on February 1, 2025, convertible to common stock upon ceasing to be a director or at a previously specified future date.
Summary
- On February 1, 2025, Derica W. Rice, a director of Bristol-Myers Squibb, acquired 3,562.431 deferred share units.
- These units will convert into shares of common stock upon settlement.
- Settlement occurs when Rice ceases to be a director or at a future date he previously specified.
- The price per share for the deferred share units is $58.95.
- Following the transaction, Rice beneficially owns 30,681.172 deferred share units, which includes deferred compensation and reinvested dividends.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Future Outlook
The deferred share units will be converted into common stock upon settlement, which will occur when the reporting person ceases to be a director or at a future date previously specified.
Industry Context
This filing is a routine disclosure of a director's transaction in company stock, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Acquisition of 3,562.431 Deferred Share Units |
| 02/04/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Deferred Share Units, Director, Bristol-Myers Squibb, BMY, Rice, Derica W. Rice
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