Form 4: Bausch Health Companies Inc.: Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., sold 3,982 common shares to cover tax withholding obligations.
Summary
- On September 5, 2024, John S. Barresi, SVP, Controller & CAO of Bausch Health Companies Inc., disposed of 3,982 common shares.
- The shares were sold to satisfy tax withholding obligations due upon the vesting of Restricted Share Units.
- The sale price was $6.19 per share.
- Following the transaction, Barresi directly owns 150,406 common shares of Bausch Health Companies Inc.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event. It reflects a standard transaction for tax purposes and doesn't inherently indicate positive or negative sentiment towards the company's prospects.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations. Such transactions are common and don't necessarily indicate a change in the officer's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of transaction: John S. Barresi sold 3,982 common shares. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
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