secwatch.observer — SEC 8-K summary
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Issuer:     BECTON DICKINSON & CO (BDX)
CIK:        0000010795
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-039448
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BDX files preferred stock designation for spin-off of Biosciences business; issues 27.5 Series D shares
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- Filed Certificate of Designation for Series D Junior Participating Redeemable Preferred Stock.
- Issued 27.5159 Preferred Shares to deferral plan trusts in exchange for 275,159 common shares at 1:10,000 ratio.
- Exchange ensures trust holders do not receive SpinCo common stock in the planned Waters combination.
- Preferred shares are redeemable for common stock; automatic redemption if spin-off closes.
- Spin-off will combine Augusta SpinCo Corp. (Biosciences & Diagnostic Solutions) with Waters Corporation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10795/000119312526039448/0001193125-26-039448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10795/000119312526039448/d910855d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-039448

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