Form 4: Baxter International EVP Jeanne K. Mason Reports Changes in Beneficial Ownership
SEC Filing Form 4
EVP and Chief HR Officer of Baxter International, Jeanne K. Mason, reports changes in beneficial ownership due to tax withholding related to vested restricted stock units.
Summary
- Jeanne K. Mason, EVP and Chief HR Officer of Baxter International, filed a Form 4 with the SEC.
- The filing reports changes in her beneficial ownership of Baxter International common stock.
- On March 3, 2025, 1,479 shares were forfeited to cover tax withholding related to the settlement of vested restricted stock units.
- These restricted stock units were granted on March 2, 2022, and March 1, 2023.
- The price per share for the tax withholding was $34.86.
- Following the transaction, Mason directly owns 188,339 shares of Baxter International common stock, which includes the automatic reinvestment of dividends.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the reporting person's individual stock ownership.
Key Dates
| Date | Description |
|---|---|
| March 2, 2022 | Grant date of restricted stock units. |
| March 1, 2023 | Grant date of restricted stock units. |
| March 3, 2025 | Date of transaction (forfeiture of shares for tax withholding). |
| March 5, 2025 | Date of signature on the Form 4 filing. |
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