Form 4: Bausch Health Director Brett Icahn Reports Acquisition and Disposal of Common Shares

Sentiment:

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

DateDescription
05/16/2025Date of transaction: acquisition and disposal of common shares.
05/20/2025Date 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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