8-K
filed May 16, 2024, 7:59 PM ET
ticker MMM
CIK 0000066740
other material
confidence high
sentiment negative
materiality 0.15
3M shareholders reject say-on-pay; all 12 directors elected at annual meeting
3M CO
- All 12 board nominees elected with majority support; Thomas Brown received lowest FOR votes at 321,985,620.
- Ratification of PwC as auditor passed with 409,951,992 FOR votes (93.6% of votes cast).
- Advisory vote on executive compensation failed: 153,684,148 FOR vs 185,471,337 AGAINST (not approved).
- Shareholder proposal on enhanced share ownership policy failed with 16,372,119 FOR vs 320,915,147 AGAINST.
Machine-readable event card
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- 0000066740-24-000058
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- 8-K
- ticker
- MMM
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- 0000066740
- company_name
- 3M CO
- filed_at
- 2024-05-16T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:21.698697+00:00
- generated_at
- 2026-06-01T21:59:19.166738+00:00
- sec_items
- ["5.07"]
- event_type
- other_material
- sentiment
- negative
- materiality_score
- 0.55
- calibrated_materiality_score
- 0.15
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000066740-24-000058
- json_url
- https://secwatch.observer/filing/0000066740-24-000058.json
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- https://secwatch.observer/filing/0000066740-24-000058.md
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- https://secwatch.observer/filing/0000066740-24-000058.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/66740/000006674024000058/0000066740-24-000058-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/66740/000006674024000058/mmm-20240514.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
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Source-grounded claims
a17a76534e3f799e76c8d3d3244fd3ec36b9d6c7
3M CO shareholders rejected The shareholders did not approve the shareholder proposal on enhanced share ownership policy. at the 2024-05-14 meeting.
Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
SEC 8-K Item 5.07
confidence 0.9
SEC evidence
b2a2affe2d31b4347b7970b77bb1da9fce322fcf
3M CO shareholders approved The shareholders ratified the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2024. at the 2024-05-14 meeting.
Proposal No. 2 — The shareholders ratified the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2024. FOR AGAINST ABSTAIN BROKER NON-VOTE 409,951,992 26,229,163 1,546,435 N/A
SEC 8-K Item 5.07
confidence 0.95
SEC evidence
d6adabf42b4b73f41628dcb87f63a292edc1597a
3M CO shareholders rejected The shareholders did not approve, on an advisory basis, the compensation of the Company's Named Executive Officers as described in the Company's 2024 Proxy Statement. at the 2024-05-14 meeting.
Proposal No. 3 — The shareholders did not approve, on an advisory basis, the compensation of the Company's Named Executive Officers as described in the Company's 2024 Proxy Statement. FOR AGAINST ABSTAIN BROKER NON-VOTE 153,684,148 185,471,337 2,580,222 95,991,883
SEC 8-K Item 5.07
confidence 0.95
SEC evidence
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Proposal No. 4 : To elect Frank D. Recker, Chief Executive Officer of the Company, to serve as a member of the board of directors and to hold office for a one-year term and until his successor is elected and qualified. Votes For Votes With held Frank D. Recker 13,959,958 2,064,009
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Election of Directors . Eric Sachetta and Michael J. Sardano were elected as Class II directors for a three-year term to expire in 2029. Each nominee was an incumbent director, and no other person was nominated. The tabulation of votes cast was as follows: For Against Abstention Broker Non-Votes Eric Sachetta 5,532,247 516,567 270,440 5,000,719
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Proposal 2: The ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026: For: Against: Abstensions: Broker Non-Votes: 459,883,831 6,189,396 2,613,330 —
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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The results of the vote were as follows: For Against Abstain Broker Non-Votes 98,600,810 8,426,781 98,301 13,043,864 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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Proposal No.4 — The shareholders did not approve the shareholder proposal on enhanced share ownership policy.* FOR AGAINST ABSTAIN BROKER NON-VOTE 16,372,119 320,915,147 4,448,441 95,991,883
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