---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-014795"
form_type: "8-K"
ticker: "MMM"
cik: "0000066740"
company_name: "3M CO"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:35:36.030647+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 3M completes spin-off of health care business; Solventum begins trading as SOLV

## Summary
- One Solventum share issued for every 4 MMM shares held as of March 18, 2024 record date.
- 3M retained 19.9% of Solventum common stock, to be monetized within five years.
- Distribution intended to be tax-free to 3M shareholders for U.S. federal income tax purposes.
- Solventum common stock listed on NYSE under ticker SOLV effective April 1, 2024.
- 3M entered separation agreements including Transition Services, Tax, IP Cross-License, and Supply Agreements.

## SEC filing metadata
- accession: 0001628280-24-014795
- form_type: 8-K
- ticker: MMM
- cik: 0000066740
- company_name: 3M CO
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/mmm-20240331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-014795
- JSON: https://secwatch.observer/filing/0001628280-24-014795.json
- Plain text: https://secwatch.observer/filing/0001628280-24-014795.txt

## Key facts
- Material Agreements
  3M CO entered into Transition Distribution Services Agreement with Solventum.
  - Action: entry
  - Counterparty: Solventum
  source text: 2024 received one share of Solventum common stock for every four shares of 3M common stock held as of such time, subject to the payment of cash in lieu of fractional shares of Solventum common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm
- Material Agreements
  3M CO entered into Tax Matters Agreement with Solventum.
  - Action: entry
  - Counterparty: Solventum
  source text: 2024 received one share of Solventum common stock for every four shares of 3M common stock held as of such time, subject to the payment of cash in lieu of fractional shares of Solventum common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm
- Material Agreements
  3M CO entered into Employee Matters Agreement with Solventum.
  - Action: entry
  - Counterparty: Solventum
  source text: 2024 received one share of Solventum common stock for every four shares of 3M common stock held as of such time, subject to the payment of cash in lieu of fractional shares of Solventum common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm
- Material Agreements
  3M CO entered into Separation and Distribution Agreement with Solventum.
  - Action: entry
  - Agreement: supply
  - Counterparty: Solventum
  source text: 2024 received one share of Solventum common stock for every four shares of 3M common stock held as of such time, subject to the payment of cash in lieu of fractional shares of Solventum common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm
- Material Agreements
  3M CO entered into Transition Services Agreement with Solventum.
  - Action: entry
  - Counterparty: Solventum
  source text: 2024 received one share of Solventum common stock for every four shares of 3M common stock held as of such time, subject to the payment of cash in lieu of fractional shares of Solventum common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000162828024014795/0001628280-24-014795-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.