3M (MMM) awards 9,291 restricted stock units to Group President Gallagher
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gallagher Paul Joseph reported acquisition or exercise transactions in this Form 4 filing.
3M Group President Paul Joseph Gallagher received a grant of 9,291 restricted stock units (RSUs) on March 2, 2026. These RSUs were awarded at no cash cost per unit and increase his directly owned derivative holdings to 9,291 RSUs.
Each RSU represents a contingent right to receive one share of 3M common stock. The award vests in three equal annual installments beginning on March 2, 2027, aligning Gallagher’s compensation partly with the company’s future share performance over that three-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gallagher Paul Joseph
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,291 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 9,291 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of 3M common stock. The restricted stock units vest in three equal annual installments beginning on March 2, 2027.
FAQ
What insider transaction did 3M (MMM) report for Paul Joseph Gallagher?
3M reported that Group President Paul Joseph Gallagher received 9,291 restricted stock units. The grant occurred on March 2, 2026, increasing his directly held RSUs to 9,291, all tied to future delivery of 3M common stock.
What type of securities did Paul Joseph Gallagher receive from 3M (MMM)?
Paul Joseph Gallagher received restricted stock units, or RSUs, from 3M. Each RSU represents a contingent right to receive one share of 3M common stock, linking part of his compensation directly to future share value.
How many restricted stock units did 3M (MMM) grant to its Group President?
3M granted 9,291 restricted stock units to Group President Paul Joseph Gallagher. This entire amount is now reflected as his directly owned RSU balance following the transaction reported as a grant or award acquisition.
When do Paul Joseph Gallagher’s 3M (MMM) RSUs vest?
Gallagher’s restricted stock units vest in three equal annual installments beginning on March 2, 2027. This schedule spreads vesting over three years, encouraging longer-term alignment with 3M’s performance and ongoing executive retention.
Does Paul Joseph Gallagher pay a purchase price for his 3M (MMM) RSUs?
No, the reported grant shows a price of $0.0000 per restricted stock unit. This indicates the RSUs are part of his compensation package, awarded without an upfront cash payment from Gallagher for the units.
How did this RSU grant change Paul Joseph Gallagher’s 3M (MMM) holdings?
After the grant, Gallagher directly owns 9,291 restricted stock units in 3M. The filing shows this figure as his total derivative holdings following the transaction, all subject to the disclosed three-year vesting schedule.