Form 4: Bausch Health Companies Inc. Executive Receives Restricted Share Units
SEC Form 4 Filing
John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., reports the acquisition of restricted share units.
Summary
- On July 18, 2024, John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., acquired 49,254 restricted share units (RSUs).
- These RSUs will vest in three equal installments on the first three anniversaries of the grant date, contingent upon continued service.
- Vested RSUs will be settled in common shares of Bausch Health Companies Inc.
- Following the transaction, Barresi directly owns 154,388 common shares.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices, aligning management interests with shareholders.
Positives
- The award of RSUs aligns the executive's interests with those of the shareholders, incentivizing continued service and performance.
Future Outlook
The vesting of the RSUs is contingent upon the reporting person's continued service.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 07/18/2024 | Date of transaction: John S. Barresi acquired restricted share units. |
| 07/19/2024 | Date of signature on the Form 4 filing. |
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