secwatch.observer — SEC 8-K summary
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Issuer:     Solventum Corp (SOLV)
CIK:        0001964738
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001964738-24-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solventum grants equity awards to CEO (102,946 RSUs, 102,946 PSUs, 253,406 inducement PSUs) and CFO
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- CEO Bryan Hanson: 102,946 RSUs, 102,946 annual PSUs, 253,406 inducement PSUs granted.
- CFO Wayde McMillan: 28,509 RSUs, 28,509 annual PSUs, 79,190 inducement PSUs granted.
- RSUs vest ratably over 3 years; PSUs tied to 3-year Constant Currency revenue and Adjusted EPS goals.
- Inducement PSUs compensate for forfeited equity from prior employer.
- All awards under Solventum 2024 Long-Term Incentive Plan, approved May 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964738/000196473824000014/0001964738-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964738/000196473824000014/solv-20240513.htm
  HTML page:      https://secwatch.observer/filing/0001964738-24-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer