Form 4: Baxter International EVP Jeanne K. Mason Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeanne K. Mason, EVP and Chief HR Officer of Baxter International, reports a transaction involving the forfeiture of 475 shares to cover tax withholding related to vested restricted stock units.
Summary
- On March 4, 2024, Jeanne K. Mason, EVP and Chief HR Officer of Baxter International, forfeited 475 shares of common stock to cover tax withholding.
- This forfeiture was a result of the delivery of shares from the settlement of vested restricted stock units granted on March 2, 2022.
- Following the reported transaction, Mason beneficially owns 140,851 shares of Baxter International common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares forfeited by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Date of grant for the restricted stock units that vested. |
| 03/04/2024 | Date of the transaction (stock forfeiture for tax withholding). |
| 03/06/2024 | Date of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.