Solventum Corp DEF 14A: Executive Compensation Details
Ticker: SOLV · Form: DEF 14A · Filed: 2025-03-21T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: MMM
TL;DR
Solventum Corp DEF 14A out: exec comp details for FY24 filed 3/21.
AI Summary
Solventum Corp, formerly 3M Health Care Co, filed a DEF 14A on March 21, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing, related to the 1934 Act, provides information on equity awards granted and outstanding, changes in their value, and dividends paid on these awards.
Why It Matters
This filing provides transparency into how Solventum Corp compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing disclosing executive compensation, which does not inherently present new financial risks.
Key Numbers
- 20241231 — Fiscal Year End (Reporting period for executive compensation)
- 20250321 — Filing Date (Date the DEF 14A was filed with the SEC)
Key Players & Entities
- Solventum Corp (company) — Filer of the DEF 14A
- 3M Health Care Co (company) — Former name of Solventum Corp
- 3M COMPANY (company) — Associated company for business and mail address
- 0001964738-25-000038 (dollar_amount) — Accession Number for the filing
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit shareholder proxies for their annual or special meetings, and it includes detailed information on executive compensation, board of directors, and other corporate governance matters.
When was Solventum Corp formerly known as?
Solventum Corp was formerly known as 3M Health Care Co, with a date of name change noted as 20230203.
What is the standard industrial classification for Solventum Corp?
The Standard Industrial Classification for Solventum Corp is SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841].
What is the business address listed for Solventum Corp?
The business address listed for Solventum Corp is C/O 3M COMPANY, 3M CENTER, BUILDING 275-6W-02, ST. PAUL, MN 55144-1000.
What period does the executive compensation data in this filing cover?
The filing covers the fiscal year ending December 31, 2024, as indicated by the 'CONFORMED PERIOD OF REPORT: 20241231'.
From the Filing
0001964738-25-000038.txt : 20250321 0001964738-25-000038.hdr.sgml : 20250321 20250321161219 ACCESSION NUMBER: 0001964738-25-000038 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 118 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250321 DATE AS OF CHANGE: 20250321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Solventum Corp CENTRAL INDEX KEY: 0001964738 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 922008841 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-41968 FILM NUMBER: 25760634 BUSINESS ADDRESS: STREET 1: C/O 3M COMPANY STREET 2: 3M CENTER, BUILDING 275-6W-02 CITY: ST. PAUL STATE: MN ZIP: 55144-1000 BUSINESS PHONE: 651-733-1110 MAIL ADDRESS: STREET 1: C/O 3M COMPANY STREET 2: 3M CENTER, BUILDING 275-6W-02 CITY: ST. PAUL STATE: MN ZIP: 55144-1000 FORMER COMPANY: FORMER CONFORMED NAME: 3M Health Care Co DATE OF NAME CHANGE: 20230203 DEF 14A 1 solv-20250321.htm DEF 14A solv-20250321 0001964738 DEF 14A FALSE iso4217:USD 0001964738 2024-01-01 2024-12-31 0001964738 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001964738 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001964738 1 2024-01-01 2024-12-31 0001964738 2 2024-01-01 2024-12-31 0001964738 3 2024-01-01 2024-12-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) ☑ Filed by the Registrant ☐ Filed by a party other than the Registrant CHECK THE APPROPRIATE BOX: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☑ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material under §240.14a-12 SOLVENTUM CORPORATION (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): ☑ No fee required ☐ Fees paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Notice of Annual Meeting of Shareholders Items of business Proposal 1 Election of Class I Directors   FOR each director nominee page 8   Proposal 2 Say on Pay Vote   FOR page 38   Proposal 3 Say on Frequency Vo