Form 4: Bausch Health Companies Inc.: Officer Barresi Reports Share Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., disposed of 1,930 common shares to cover tax withholding obligations upon vesting of Restricted Share Units.

Summary

  • On June 20, 2024, John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., disposed of 1,930 common shares.
  • The shares were disposed of to satisfy tax withholding obligations related to the vesting of Restricted Share Units.
  • The transaction was executed at a price of $6.73 per share.
  • Following the transaction, Barresi directly owns 105,134 common shares of Bausch Health Companies Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
06/20/2024Date of transaction: disposal of common shares.
06/21/2024Date of signature on the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.