Form 4: Bausch Health CEO Thomas Appio Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Bausch Health Companies Inc. CEO Thomas Appio disposed of shares to cover tax withholding obligations upon the vesting of Restricted Share Units on February 28, 2025.
Summary
- On February 28, 2025, Thomas Appio, the CEO of Bausch Health Companies Inc., disposed of common shares to satisfy tax withholding obligations.
- The transactions involved the disposal of 24,838 shares, 85,100 shares, and 96,911 shares at a price of $7.44 per share.
- Following these transactions, Appio beneficially owns 1,783,249 common shares of Bausch Health Companies Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the share disposal transactions to cover tax obligations. |
| 03/03/2025 | Date of signature by attorney-in-fact for the reporting person. |
Keywords
Bausch Health Companies Inc., Thomas Appio, CEO, Form 4, Share Disposal, Tax Withholding, Restricted Share Units, Beneficial Ownership
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