Form 4: Bausch Health Director Garcia Receives Restricted Share Units
SEC Form 4 Filing
Director Christian A. Garcia receives 54,347 restricted share units (RSUs) from Bausch Health Companies Inc. and disposes of 89,707 common shares.
Summary
- Christian A. Garcia, a director of Bausch Health Companies Inc., reported a transaction involving the acquisition of 54,347 restricted share units (RSUs) on May 16, 2025.
- These RSUs were granted to non-employee directors following their election at the Issuer's Annual Meeting of Shareholders.
- The RSUs have a grant date value of $250,000, vest immediately prior to the Issuer's next Annual Meeting of Shareholders, and are settled in common shares.
- Garcia also disposed of 89,707 common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction of RSUs to a director. It's a routine part of director compensation.
Future Outlook
The RSUs vest immediately prior to the Issuer's next Annual Meeting of Shareholders and are settled in common shares.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The granting of RSUs aligns the interests of non-employee directors with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Christian A. Garcia acquired 54,347 RSUs and disposed of 89,707 common shares. |
| 05/20/2025 | Date of signature on the report. |
Keywords
Bausch Health, Director, Garcia, RSU, Restricted Share Units, Beneficial Ownership, Form 4, Securities
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