Form 4: Bausch Health GC Earns 137,922 Performance Shares

Bausch Health Companies Inc.'s EVP and General Counsel, Seana Carson, earned 137,922 performance-based restricted share units following the achievement of financial metrics.

Summary

• Seana Carson, Executive Vice President and General Counsel of Bausch Health Companies Inc., acquired 137,922 common shares.
• These shares represent performance-based restricted share units (PSUs) originally granted on March 2, 2023.
• The PSUs were earned on February 9, 2026, after the Talent and Compensation Committee certified the achievement of financial performance metrics for the period from January 1, 2023, through December 31, 2025.
• The earned PSUs remain subject to a service-based vesting condition through March 2, 2026.
• Upon satisfaction of the service-based vesting condition, the company will deliver the common shares to Ms. Carson as soon as administratively practicable.
• Following this transaction, Ms. Carson beneficially owns 637,507 common shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it confirms the achievement of internal financial performance targets, which is a good indicator of operational execution. However, as a routine compensation disclosure, its direct market impact is limited.

Positives

• The earning of 137,922 performance-based restricted share units indicates the achievement of financial performance metrics set by the company's Talent and Compensation Committee for the 2023-2025 performance period.

Future Outlook

The earned PSUs are subject to a service-based vesting condition through March 2, 2026. Following the satisfaction of this condition, the company will deliver the corresponding common shares to the reporting person as soon as administratively practicable.

Industry Context

StockSavvy.ai notes that the use of performance-based restricted share units is a standard practice in executive compensation across various industries. This mechanism aligns executive incentives with the company's financial performance and long-term shareholder value creation, a common strategy employed by pharmaceutical and healthcare companies like Bausch Health.

Stakeholder Impact

• Shareholders: The achievement of financial performance metrics, which led to the earning of PSUs, generally indicates positive operational performance that benefits shareholders.

Next Steps

• Satisfaction of the service-based vesting condition by March 2, 2026.
• Delivery of common shares to Seana Carson as soon as administratively practicable after March 2, 2026.

Key Dates

Keywords

Bausch Health Companies, BHC, SEC Form 4, Insider Transaction, Performance Share Units, Executive Compensation, Restricted Stock, Beneficial Ownership