Form 4: Bausch Health Director Brett Icahn Acquires Shares in Lieu of Cash Compensation

Brett Icahn, a director at Bausch Health Companies Inc., acquired 4,059 common shares in lieu of cash compensation for board service.

Summary

• On September 30, 2024, Brett Icahn, a director of Bausch Health Companies Inc., acquired 4,059 common shares.
• The shares were issued in lieu of cash compensation for his service on the Issuer's Board of Directors for the quarter ending September 30, 2024.
• The price per share was $8.16.
• Following the transaction, Icahn directly owns 152,671 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. While a director taking shares can be seen as a positive signal, it's not a major event.

Positives

• A director taking shares in lieu of cash compensation can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Directors receiving shares as compensation is a common practice, aligning their interests with those of shareholders. This is a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates