Form 4: Bausch Health Director John Paulson Acquires Shares in Lieu of Cash Compensation

Director John Paulson acquired 7,659 common shares of Bausch Health Companies Inc. on September 30, 2024, in lieu of cash compensation for board service.

Summary

• On September 30, 2024, John Paulson, a director of Bausch Health Companies Inc., acquired 7,659 common shares.
• The shares were received 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, Paulson directly owns 260,295 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of a director receiving shares as compensation. It doesn't indicate any major positive or negative development for the company.

Positives

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

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, especially for board members of publicly traded companies. It aligns their interests with those of shareholders.

Stakeholder Impact

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

Key Dates