Form 4: Bausch Health Companies Inc.: Executive John S. Barresi Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., reports changes in beneficial ownership due to tax withholding obligations upon vesting of Restricted Share Units.

Summary

  • On February 28, 2025, John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., reported changes in beneficial ownership.
  • The changes are due to the withholding of common shares to satisfy tax obligations upon the vesting of Restricted Share Units.
  • 2,865 common shares were withheld at a price of $7.44, resulting in a decrease in direct ownership.
  • An additional 5,096 common shares were withheld at a price of $7.44, further decreasing direct ownership.
  • Following these transactions, Barresi directly owns 192,268 common shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation and tax obligations, and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders. This filing is specific to the tax obligations arising from the vesting of restricted share units, a common form of executive compensation.

Stakeholder Impact

  • The transaction has a minor impact on the total number of outstanding shares, but is primarily related to internal executive compensation.

Key Dates

DateDescription
02/28/2025Date of the reported transactions (withholding of shares for tax obligations).
03/03/2025Date of signature by attorney-in-fact.

Keywords

Beneficial Ownership, Form 4, Bausch Health, Barresi, Tax Withholding, Restricted Share Units, BHC, Executive Compensation

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