Business Context and Reporting Period
This Form 8-K is filed by Becton, Dickinson and Company (BD) with a report date of December 30, 2025. The filing addresses a temporary suspension of trading under the company's employee benefits plans related to a pending transaction with Waters Corporation.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on administrative actions regarding the BD 401(k) Plan.
Material Changes
The primary material event is the initiation of a blackout period for the BD Common Stock Fund within the BD 401(k) Plan. This suspension is necessary to facilitate the addition of Waters Common Stock Fund interests to participant accounts following the closing of the transaction with Waters Corporation.
Outlook, Risks, and Unusual Items
- Blackout Period Timing: The period is scheduled to begin after the market closes on the closing date of the Waters transaction and will end during the week following that date.
- Trading Restrictions: During the blackout, participants cannot execute transactions in the BD Common Stock Fund, including exchanges, loans, partial withdrawals, or final distributions involving the fund.
- Information Access: Participants and shareholders may contact Fidelity at 1-866-715-2068 for specific start and end dates of the blackout period.
Investor Verification Checklist
- Confirm the exact closing date of the transaction with Waters Corporation to determine the blackout start date.
- Verify the specific end date of the blackout period via Fidelity (1-866-715-2068).
- Review the impact of the blackout on any planned withdrawals or fund exchanges for the BD Common Stock Fund.
- Monitor subsequent filings for details on the Waters Corporation transaction structure and financial implications.