Bristol Myers Squibb Director Michael McMullen Receives Routine Deferred Share Units
BRISTOL MYERS SQUIBB CO
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Filing Summary
📊 Insider Filing Alert: Bristol Myers Squibb ($BMY)
Insider: Michael R. McMullen (Director) Transaction Date: September 30, 2026 Security: Deferred Share Units Action: Award / Acquisition (Code A) Shares: 560.897 @ $62.40 (~$35,000) Total Units Owned After: 17,050.601 Significance: Low (Routine Director Deferred Compensation)
Comprehensive Analysis
Transaction Summary
On September 30, 2026, Bristol Myers Squibb Co ($BMY) Director Michael R. McMullen acquired 560.897 Deferred Share Units at an implied price of $62.40 per unit, representing a total value of approximately $35,000.00.
Following this transaction, McMullen directly holds 17,050.601 Deferred Share Units, which include accrued deferred compensation and reinvested dividends under the company's 1987 Deferred Compensation Plan for Non-Employee Directors.
Filing Details & Mechanics
- Transaction Code:
A(Grant, award, or other acquisition pursuant to Rule 16b-3). - Settlement Terms: Each unit converts to one share of common stock upon settlement, which takes place when the reporting person ceases to serve on the board or at a pre-scheduled future date.
- Transaction Intent: This is standard, scheduled director compensation (likely quarterly board retainer fees paid in deferred equity equivalents) rather than an open-market discretionary purchase.
Market & Trading Significance
- Signal: Low / Neutral.
- Rationale: Routine equity awards and deferred compensation grants are customary for non-employee board members and do not indicate discretionary insider sentiment or immediate market impact.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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