November 27, 2024: EX-19 – 10-K Annual Report Filing under Section 13 and 15(d)
Effective July 31, 2024, Becton, Dickinson and Company (BD) has put in place a Global Insider Trading and Securities Transactions Policy. This policy is crucial for all employees and directors to follow to ensure compliance with securities laws and regulations.
The main point of the policy is to prevent insider trading, which means buying or selling securities like stocks based on material non-public information. The goal is to ensure that everyone trading a company’s securities has equal access to all important information about the company. So, employees and directors can’t buy or sell BD stock or other securities knowing important information until it’s been disclosed to the public.
The consequences of insider trading are serious. Violations can lead to hefty fines and even jail time. Both the Securities and Exchange Commission (SEC) and the Department of Justice actively pursue insider trading cases. It’s crucial for everyone at BD to follow these rules to avoid any legal trouble.
The policy also applies to family members and other people who live in the same household as BD employees or directors. If you control entities like corporations, partnerships, or trusts, the policy applies to them as well.
In terms of trading other companies’ securities with information received while working at BD, that’s a no-go too. If you learn non-public information about another company during your job at BD, you can’t trade or share that information with others.
Following this policy is essential for all BD directors and employees to prevent legal issues and ensure fair trading practices. It’s important to stay informed and comply with these regulations to maintain a safe and ethical work environment at BD.
