Adam Lenkowsky - 01 May 2025 Form 4 Insider Report for BRISTOL MYERS SQUIBB CO (BMY)

Role: EVP, Chief Commercial Officer
Signature: /s/ Lisa A. Atkins, attorney-in-fact for Adam Lenkowsky
Issuer symbol: BMY
Transactions as of: 01 May 2025
Net transactions value: $0
Form type: 4
Filing time: 05 May 2025, 17:41:48 UTC
Previous filing: 12 Mar 2025
Next filing: 04 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lenkowsky Adam	EVP, Chief Commercial Officer	BRISTOL-MYERS SQUIBB COMPANY, ROUTE 206 AND PROVINCE LINE ROAD, PRINCETON	/s/ Lisa A. Atkins, attorney-in-fact for Adam Lenkowsky	05 May 2025	0001975719

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BMY	Common Stock, $0.10 par value						12,439	01 May 2025	Direct
holding	BMY	Common Stock, $0.10 par value						5,624	01 May 2025	BMS Savings and Investment Program	F1
holding	BMY	Common Stock, $0.10 par value						6,173	01 May 2025	By Spouse	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BMY	Market Share Units	Other	$0	-1,373	-33%	$0.000000	2,748	01 May 2025	Common Stock, $0.10 par value	1,373		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Based on recent 401(k) plan statement.
F2	The total number of securities owned by the reporting person's spouse is updated to correct an administrative error in the previous Form 4.
F3	Each market share unit converts into the number of shares of common stock determined by applying a payout factor to the target number of shares vesting on a given date. The payout factor is a ratio of the average of the closing price on the measurement date plus the nine prior trading days divided by the average stock price on the grant date (also a 10-day average). The minimum payout factor that must be achieved to earn a payout is 80% and the maximum payout factor is 225%.
F4	Represents the cancellation of one-quarter of market share units granted on May 1, 2023 due to the 80% minimum payout factor not being achieved.
F5	Twenty-five percent of the market share unit award will vest on each of the first, second, third and fourth anniversaries of the grant date.