Emerson Electric Co. Executive Vice President, CFO and CAO Michael J. Baughman filed a Form 4 on November 4, 2026, disclosing multiple transactions in Emerson common stock on November 2 and November 3, 2026, including a performance share award payout, a new restricted stock unit grant, and tax-withholding disposals.

Key Highlights

  • Performance share payout: Baughman acquired 28,177 shares on November 2, 2026, upon payout of earned units under a performance share award, based on achievement of financial targets for the period ended September 30, 2026.
  • New RSU grant: Baughman was granted 13,838 restricted stock units on November 2, 2026, under a shareholder-approved benefit plan pursuant to Rule 16b-3(d).
  • Tax-withholding disposals: A total of 4,406 shares were withheld on November 2, 2026, at $167.95, and 12,413 shares were withheld on the same date at $167.95, both for required minimum taxes upon vesting.
  • Additional withholding: 2,000 shares were withheld on November 3, 2026, at $166.425 for required minimum taxes.
  • Resulting direct ownership: Following all reported transactions, Baughman directly held 149,409 shares of common stock, plus 572.311 shares held indirectly through a 401(k) excess plan.
  • Issuer and exchange: The filing identifies the issuer as Emerson Electric Co., listed on NYSE:EMR.

Baughman's November 2026 Equity Transactions at Emerson Electric

According to the Form 4 filed November 4, 2026, Michael J. Baughman, identified as Executive Vice President, CFO and CAO of Emerson Electric Co. (NYSE:EMR), reported a series of transactions in the company's common stock over two consecutive days. On November 2, 2026, Baughman acquired 28,177 shares through the payout of earned units under a performance share award, with the payout level based on achievement of financial targets for the performance period ended September 30, 2026. The filing notes that no price is applicable to this acquisition.

Also on November 2, 2026, the company granted Baughman 13,838 restricted stock units under a shareholder-approved benefit plan pursuant to Rule 16b-3(d). The filing states that no price is applicable to acquisitions resulting from grants of restricted stock units. Offsetting the acquisitions, shares were withheld for required minimum taxes: 4,406 shares at a fair market value of $167.95 and 12,413 shares at $167.95 on November 2, 2026, with an additional 2,000 shares withheld at $166.425 on November 3, 2026. All withholding transactions are described as exempt under Rule 16b-3.

After all reported transactions, Baughman's direct beneficial ownership stood at 149,409 shares of Emerson common stock. The filing also reports 572.311 shares held indirectly through a 401(k) excess plan. The Form 4 was signed by John A. Sperino as attorney-in-fact for Michael J. Baughman on November 4, 2026.

What Was Disclosed

The filing disclosed performance share award payouts, a new RSU grant, and tax-related share withholdings for Emerson Electric CFO Michael J. Baughman across November 2 and 3, 2026, resulting in direct beneficial ownership of 149,409 shares.