Goralski Christian T JR 4

What Happened Christian Goralski, Group President of 3M, exercised stock options on Feb 6, 2026, converting 5,639 derivative shares into common shares. The exercise reflects an aggregate exercise price of $973,573 (5,639 shares × $172.65). To satisfy tax withholding obligations, 1,769 of those shares were surrendered/withheld (valued at $305,418), leaving a net of 3,870 shares issued to him. The filing was submitted Feb 9, 2026 for the Feb 6 transaction.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (appears timely).
• Exercise: 5,639 shares exercised at $172.65 each; aggregate exercise price $973,573.
• Tax withholding: 1,769 shares withheld/disposed at $172.65 each; value $305,418.
• Net new shares retained by insider: 3,870 shares (5,639 − 1,769).
• A derivative conversion line at $0 reflects the conversion/settlement of the option instrument into shares.
• Footnotes in the filing: F1 references shares under 3M’s General Employee Stock Purchase Plan; F2/F3 describe restricted stock units (RSUs) and that RSUs vest 100% three years from grant — these are standard disclosures included in the filing.
• Shares owned after the transaction are not specified in the provided data.

Context This was an option exercise (transaction code M) with shares withheld to cover tax obligations (code F), a common way insiders net-settle taxes on exercises. The filing shows an exercise payment amount and the number of shares withheld rather than an immediate open-market sale of the exercised shares. No 10b5-1 plans, gifts, or late-filing flags are indicated in the provided details.