BDX Reports Officer Changes, Compensation, and Debt Details
Ticker: BDX · Form: 8-K · Filed: Feb 27, 2024 · CIK: 10795
| Field | Detail |
|---|---|
| Company | Becton Dickinson & CO (BDX) |
| Form Type | 8-K |
| Filed Date | Feb 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 B |
| Sentiment | neutral |
Sentiment: neutral
Topics: officer-changes, compensatory-arrangements, regulation-fd, debt
Related Tickers: BDX
TL;DR
BDX just reported executive changes, new compensation plans, and details on several outstanding notes, effective Feb 22nd.
AI Summary
BECTON DICKINSON & CO (BDX) filed an 8-K on February 27, 2024, reporting events from February 22, 2024. The filing disclosed the departure, election, or appointment of certain officers and directors, along with new compensatory arrangements for officers. It also included Regulation FD disclosures and referenced various notes, such as those with a 1.900% rate due December 15, 2026, and a 3.519% rate due February 8, 2031.
Why It Matters
Changes in executive leadership and compensation structures can signal strategic shifts or impact investor confidence, while Regulation FD disclosures ensure transparent communication of material information to the market.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensatory arrangements, while not detailed, can introduce uncertainty or signal strategic shifts for the company.
Key Numbers
- 1.900% — Note Interest Rate (due December 15, 2026)
- 3.020% — Note Interest Rate (due May 24, 2025)
- 1.208% — Note Interest Rate (due June 4, 2026)
- 1213 — Note Interest Rate (due February 12, 2036)
- 0034 — Note Interest Rate (due August 13, 2025)
- 3.519% — Note Interest Rate (due February 8, 2031)
Key Players & Entities
- BECTON DICKINSON & CO (company) — filer
- 0000010795 (dollar_amount) — Central Index Key
- 1.900 (dollar_amount) — note interest rate due December 15, 2026
- 3.020 (dollar_amount) — note interest rate due May 24, 2025
- 1.208 (dollar_amount) — note interest rate due June 4, 2026
- 1213 (dollar_amount) — note interest rate due February 12, 2036
- 0034 (dollar_amount) — note interest rate due August 13, 2025
- 3.519 (dollar_amount) — note interest rate due February 8, 2031
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was February 22, 2024.
What company filed this 8-K?
BECTON DICKINSON & CO filed this 8-K.
What types of events were reported under Item Information?
The events reported included Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
What is the due date for the notes with a 3.020% rate?
The notes with a 3.020% rate are due May 24, 2025.
When was this 8-K filed as of?
This 8-K was filed as of February 27, 2024.
Filing Stats: 617 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-02-27 06:54:50
Key Financial Figures
- $1.00 B — ch registered Common stock, par value $1.00 BDX New York Stock Exchange 1.900% Notes
Filing Documents
- bdx-20240222.htm (8-K) — 40KB
- bd_newsxhickeyxdraftxfinal.htm (EX-99.1) — 10KB
- image_0.jpg (GRAPHIC) — 133KB
- 0000010795-24-000024.txt ( ) — 442KB
- bdx-20240222.xsd (EX-101.SCH) — 4KB
- bdx-20240222_def.xml (EX-101.DEF) — 19KB
- bdx-20240222_lab.xml (EX-101.LAB) — 39KB
- bdx-20240222_pre.xml (EX-101.PRE) — 20KB
- bdx-20240222_htm.xml (XML) — 8KB
01. Regulation FD Disclosure
ITEM 7.01. Regulation FD Disclosure. On February 27, 2024, BD issued a press release relating to the matters described above in Item 5.02. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. The information in this Item 7.01 shall neither be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. Exhibit 99 .1 Press release dated February 27, 2024, which is furnished pursuant to Item 7.01. Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BECTON, DICKINSON AND COMPANY (Registrant) By: /s/ Gary DeFazio Gary DeFazio Senior Vice President and Corporate Secretary Date: February 27, 2024