Form 4: Baxter International Director Patricia Morrison Reports Acquisition of Shares
SEC Form 4 Filing
Director Patricia Morrison acquired 5,952 shares of Baxter International common stock on May 7, 2024, as reported in a Form 4 filing with the SEC.
Summary
- Patricia Morrison, a director of Baxter International Inc., filed a Form 4 with the SEC on May 9, 2024.
- The filing reports a transaction on May 7, 2024, where Morrison acquired 5,952 shares of Baxter International's common stock.
- These shares were acquired through a grant of fully vested shares.
- The price per share was $0.
- Following the transaction, Morrison beneficially owns 21,367 shares of Baxter International common stock, which includes reinvested dividends.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares, which can be seen as a slightly positive sign of confidence, but it's not a major event.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| February 12, 2024 | Date of execution of the Power of Attorney. |
| May 7, 2024 | Date of transaction: acquisition of Baxter International common stock. |
| May 9, 2024 | Date of Form 4 filing. |
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