Form 4: Bausch Health Director Frank D. Lee Acquires Shares Through RSU Grant

Director Frank D. Lee acquired 54,347 common shares of Bausch Health Companies Inc. through a restricted share unit (RSU) grant on May 16, 2025.

Summary

• Frank D. Lee, a director of Bausch Health Companies Inc., acquired 54,347 common shares on May 16, 2025, through a grant of restricted share units (RSUs).
• The RSUs were awarded to non-employee directors following their election at the Issuer's Annual Meeting of Shareholders.
• The grant date value of the RSUs is $250,000.
• These RSUs vest immediately prior to the Issuer's next Annual Meeting of Shareholders and will be settled in common shares.
• Following the transaction, Lee directly owns 89,707 common shares of Bausch Health Companies Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares through RSUs suggests confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs vest immediately prior to the Issuer's next Annual Meeting of Shareholders, indicating a short-term alignment of the director's interests with the company's performance.

Industry Context

This type of equity compensation is common for directors of publicly traded companies to align their interests with those of shareholders.

Comparison to Industry Standards

• RSU grants are a standard form of compensation for non-employee directors in publicly traded companies, often used to align their interests with shareholders.
• The value of the RSU grant ($250,000) appears to be within a typical range for director compensation at companies of similar size and industry to Bausch Health.
• Comparing Bausch Health's director compensation practices with those of peers like Teva Pharmaceutical Industries or Mylan (now Viatris) could provide further context.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Next Steps

• The RSUs will vest immediately prior to the next Annual Meeting of Shareholders.

Key Dates

Keywords

Bausch Health, Director, Frank D. Lee, RSU, Restricted Share Units, Beneficial Ownership, Form 4, Securities, Shares