Director at Bristol Myers (NYSE: BMY) awarded deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bristol Myers Squibb director Michael R. McMullen received a grant of Deferred Share Units as board compensation. On March 31, 2026, he was awarded 577.082 Deferred Share Units, with a reference price of $60.65 per unit.
Each unit will convert into one share of common stock upon settlement, which occurs when he ceases to be a director or on a future date he previously selected. After this award, he holds 15,556.771 Deferred Share Units, including deferred compensation and reinvested dividends under the 1987 Deferred Compensation Plan for Non-Employee Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMullen Michael R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 577.082 | $60.65 | $35K |
Holdings After Transaction:
Deferred Share Units — 15,556.771 shares (Direct)
Footnotes (1)
- Each Deferred Share Unit will be converted into a share of common stock upon settlement. The Deferred Share Units become settleable when the reporting person ceases to be a director or at a future date previously specified by the reporting person. Includes deferred compensation and dividends reinvested under the 1987 Deferred Compensation Plan for Non-Employee Directors.
Key Figures
Deferred Share Units granted: 577.082 units
Reference price per unit: $60.65
Total Deferred Share Units after grant: 15,556.771 units
+2 more
5 metrics
Deferred Share Units granted
577.082 units
Award to director on March 31, 2026
Reference price per unit
$60.65
Value used for Deferred Share Unit award
Total Deferred Share Units after grant
15,556.771 units
Director’s deferred holdings following the transaction
Conversion ratio
1 unit = 1 share
Each Deferred Share Unit converts into one common share at settlement
Conversion/exercise price
$0.00
Deferred Share Units convert to shares without additional cash payment
Key Terms
Deferred Share Units, 1987 Deferred Compensation Plan for Non-Employee Directors, deferred compensation, dividends reinvested
4 terms
1987 Deferred Compensation Plan for Non-Employee Directors financial
"Includes deferred compensation and dividends reinvested under the 1987 Deferred Compensation Plan for Non-Employee Directors."
deferred compensation financial
"Includes deferred compensation and dividends reinvested under the 1987 Deferred Compensation Plan for Non-Employee Directors."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
dividends reinvested financial
"Includes deferred compensation and dividends reinvested under the 1987 Deferred Compensation Plan for Non-Employee Directors."
FAQ
What did Bristol Myers (BMY) director Michael R. McMullen report in this Form 4?
Michael R. McMullen reported receiving 577.082 Deferred Share Units. These units are a form of director compensation tied to Bristol Myers Squibb’s common stock, rather than an open-market stock purchase, and increase his total deferred holdings to 15,556.771 units.
Is the Bristol Myers (BMY) director’s transaction an open-market stock purchase?
No, the transaction is a grant of Deferred Share Units as compensation. It reflects an award of equity-linked units, not a cash purchase of shares in the market, and is classified as a grant, award, or other acquisition under the reporting rules.