Form 4: Solventum Corp Executive Paul S. Harrington Reports Stock Transactions
SEC Form 4 Filing
Chief Supply Chain Officer Paul S. Harrington reports acquisition and disposal of Solventum Corp stock and restricted stock units.
Summary
- Paul S. Harrington, Chief Supply Chain Officer of Solventum Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 13, 2025, Harrington acquired 3,959 shares of Common Stock through the vesting of Restricted Stock Units.
- Also on May 13, 2025, Harrington disposed of 1,212 shares of Common Stock at a price of $73.52.
- Following these transactions, Harrington directly owns 10,008 shares of Solventum Corp Common Stock.
- Harrington also directly owns 7,920 Restricted Stock Units, each representing a contingent right to receive one share of Solventum Corp Class A Common Stock.
- The Restricted Stock Units vest in three tranches on May 13, 2025, May 13, 2026, and May 13, 2027, subject to continued service.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into executive stock transactions, which can be indicative of management's confidence in the company's future performance.
Stakeholder Impact
- Shareholders may use this information to assess executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of stock acquisition and disposal, and RSU vesting. |
| 05/13/2025 | First tranche vesting date for Restricted Stock Units. |
| 05/13/2026 | Second tranche vesting date for Restricted Stock Units. |
| 05/13/2027 | Third tranche vesting date for Restricted Stock Units. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Solventum Corp, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Paul S. Harrington, Executive Compensation
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