SMART DALTON E. III (SVP Fin. - Global Controller) exercised options at MERCK & CO., INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 5/1/2026ACC: 0000310158-26-000090
Officer· SVP Fin. - Global Controller
Since Feb 2026
-483.00
Net shares
Net seller
$53.3K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
1.41K acquired · 1.89K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+944.00
Price / share
$110.03
Trade value
$103.87K
% of position
11.5%
4/29/2026
8.21K→9.16K
Common Stock
Direct
Shares
−324.00
Price / share
$110.03
Trade value
$35.65K
% of position
3.5%
4/29/2026
9.16K→8.83K
Common Stock
Direct
Shares
+464.00
Price / share
$110.95
Trade value
$51.48K
% of position
5.3%
4/30/2026
8.83K→9.30K
Common Stock
Direct
Shares
−159.00
Price / share
$110.95
Trade value
$17.64K
% of position
1.7%
4/30/2026
9.30K→9.14K
Total
Net shares
+925.00
Net value
$102.06K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/29/2026 | M · Option Exercise | +944.00 | $110.03 | $103.87K | 11.5% | 8.21K | 9.16K |
| Common Stock Direct | 4/29/2026 | F · Tax Withholding | −324.00 | $110.03 | $35.65K | 3.5% | 9.16K | 8.83K |
| Common Stock Direct | 4/30/2026 | M · Option Exercise | +464.00 | $110.95 | $51.48K | 5.3% | 8.83K | 9.30K |
| Common Stock Direct | 4/30/2026 | F · Tax Withholding | −159.00 | $110.95 | $17.64K | 1.7% | 9.30K | 9.14K |
| Total | +925.00 | $102.06K | ||||||
Derivative Transactions2
Restricted Stock Unit
Direct
Converts to
Common Stock
944.00 shares
Shares
−944.00
Strike price
Held after
1.89K
Exercisable
—
4/29/2026
Restricted Stock Unit
Direct
Converts to
Common Stock
464.00 shares
Shares
−464.00
Strike price
Held after
465.00
Exercisable
—
4/30/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock944.00 shares | 4/29/2026 | M · Option Exercise | −944.00 | — | 1.89K | |
| Restricted Stock Unit Direct | Common Stock464.00 shares | 4/30/2026 | M · Option Exercise | −464.00 | — | 465.00 |