Form 4: Bausch Health CEO Thomas Appio Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Thomas Appio disposed of 14,683 common shares of Bausch Health Companies Inc. to satisfy tax withholding obligations upon the vesting of Restricted Share Units.
Summary
- On August 30, 2024, Thomas Appio, CEO of Bausch Health Companies Inc., disposed of 14,683 common shares.
- The transaction was executed to cover tax withholding obligations related to the vesting of Restricted Share Units.
- The shares were disposed of at a price of $5.93 per share.
- Following the transaction, Appio directly owns 1,354,673 common shares of Bausch Health Companies Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation and tax obligations. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations and doesn't necessarily indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 09/03/2024 | Date of signature by attorney-in-fact. |
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