Mike Roman just sold over $6 million of his 3M stock. Hmmm.
https://www.marketbeat.com/instant-alerts/michael-f-roman-sells-45276-shares-of-3m-nysemmm-stock-2025-01-27/
12 replies (most recent on top)
Great news - Looks like he is getting moved further away from 3M https://news.3m.com/2025-02-10-3M-Announces-New-Board-Appointments
Options expire after 10 years. The options issued in 2015 at $146/share expire on 2/3/25 so must be exercised prior. These shares were underwater for several years....until last week!
Can't they retain their options? If they are confident of the future of the company
Those are annual stock option exercises. Most higher job grade employees (JG 14 and up) likely exercised options this week.
AIG Insurance settlement related perhaps.
Not just MR, several execs making headlines for selling off stock…..just google 3M news
Has Mike been appointed to the board of Kearney yet?
Now would be a good time to dump your GESPP shares, even at a loss. At least the price is up over 50 bucks under BB.
Maybe his house in FL is all done.
If his ceo-ship is anything to go by, Mike knows absolutely nothing!
He excercised his stock options that will expire in a few days. These options were worth $0 up until 1/21 when 3M announced earnings.
Mother mining is doing well!!!
Signal could be near the top for 3M. Last chance to get to exit door....