Form 4: Bausch Health Director Brett Icahn Reports Acquisition and Disposal of Common Shares
SEC Form 4
Director Brett Icahn reports acquiring 54,347 common shares and disposing of 216,246 common shares of Bausch Health Companies Inc. on May 16, 2025.
Summary
- On May 16, 2025, Brett Icahn, a director of Bausch Health Companies Inc., reported acquiring 54,347 common shares and disposing of 216,246 common shares.
- The acquisition of 54,347 shares was related to the award of restricted share units (RSUs) granted to non-employee directors.
- These RSUs have a grant date value of $250,000 and vest immediately prior to the Issuer's next Annual Meeting of Shareholders.
- The RSUs are settled in common shares of Bausch Health Companies Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports transactions related to director compensation. The RSU grant is a standard practice.
Positives
- The award of RSUs to non-employee directors aligns their interests with those of the shareholders.
Future Outlook
The RSUs vest immediately prior to the Issuer's next Annual Meeting of Shareholders.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The RSU grant aligns the interests of non-employee directors with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: acquisition and disposal of common shares. |
| 05/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Bausch Health Companies Inc., Brett Icahn, Director, Common Shares, Restricted Share Units, RSUs, Acquisition, Disposal, Beneficial Ownership, Form 4
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