Form 4: Solventum Corp CFO Wayde D. McMillan Reports Stock Transactions
SEC Form 4 Filing
Wayde D. McMillan, CFO of Solventum Corp, reports the acquisition and disposal of common stock and restricted stock units on May 13, 2025.
Summary
- On May 13, 2025, Wayde D. McMillan, the Chief Financial Officer of Solventum Corp, engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- McMillan acquired 9,502 shares of common stock through the vesting of restricted stock units.
- He also disposed of 3,918 shares of common stock to cover tax obligations at a price of $73.52 per share.
- Following these transactions, McMillan directly owns 22,492 shares of Solventum Corp common stock and 19,007 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Future Outlook
The RSUs will fully vest in three tranches, with one-third vesting on May 13, 2025, May 13, 2026, and May 13, 2027, subject to continued service.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock transactions and RSU vesting. |
| 05/13/2025 | First tranche vesting date for RSUs. |
| 05/13/2026 | Second tranche vesting date for RSUs. |
| 05/13/2027 | Third tranche vesting date for RSUs. |
| 05/13/2034 | Expiration date for RSUs. |
| 05/15/2025 | Date of signature for the report. |
Keywords
Solventum Corp, Wayde D. McMillan, CFO, Form 4, Stock Transactions, Restricted Stock Units, Common Stock, Beneficial Ownership
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