BDX Reports Officer Changes, Compensation, and Debt Details

Ticker: BDX · Form: 8-K · Filed: 2024-02-27T00:00:00.000Z

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

Key Players & Entities

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.

From the Filing

0000010795-24-000024.txt : 20240227 0000010795-24-000024.hdr.sgml : 20240227 20240227065450 ACCESSION NUMBER: 0000010795-24-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240222 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BECTON DICKINSON & CO CENTRAL INDEX KEY: 0000010795 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 220760120 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04802 FILM NUMBER: 24681891 BUSINESS ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKES STATE: NJ ZIP: 07417-1880 BUSINESS PHONE: 2018476800 MAIL ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKE STATE: NJ ZIP: 07417 8-K 1 bdx-20240222.htm 8-K bdx-20240222 0000010795 false 0000010795 2024-02-22 2024-02-22 0000010795 us-gaap:CommonStockMember exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes1.900dueDecember152026Member exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes3.020dueMay242025Member exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes1.208dueJune42026Member exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes1213DueFebruary122036Member exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes0034DueAugust132025Member exch:XNYS 2024-02-22 2024-02-22 0000010795 bdx:Notes3.519DueFebruary82031Member exch:XNYS 2024-02-22 2024-02-22 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) February 22, 2024 BECTON, DICKINSON AND COMPANY (Exact Name of Registrant as Specified in Its Charter) New Jersey (State or Other Jurisdiction of Incorporation) 001-4802   22-0760120 (Commission File Number)   (IRS Employer Identification No.)     1 Becton Drive,   Franklin Lakes, New Jersey   07417-1880 (Address of Principal Executive Offices)   (Zip Code) (201)   847-6800  (Registrant’s Telephone Number, Including Area Code) N/A (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K Filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of each exchange on which registered Common stock, par value $1.00 BDX New York Stock Exchange 1.900% Notes due December 15, 2026 BDX26 New York Stock Exchange 3.020% Notes due May 24, 2025 BDX25 New York Stock Exchange 1.208% Notes due June 4, 2026 BDX/26A New York Stock Exchange 1.213% Notes due February 12, 2036 BDX/36 New York Stock Exchange 0.034% Notes due August 13, 2025 BDX25A New York Stock Exchange 3.519% Notes due February 8, 2031 BDX31 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of

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