Form 4: Baxter International Executive Disposes of Shares for Tax Obligations
Insider Transaction Report
David S. Rosenbloom, EVP and General Counsel of Baxter International Inc., reported the disposition of 16,548 shares of common stock to cover tax withholding related to vested restricted stock units.
Summary
- David S. Rosenbloom, Executive Vice President and General Counsel of Baxter International Inc. (BAX), reported a transaction on June 2, 2025.
- The transaction involved the disposition of 16,548 shares of BAX common stock at a price of $29.55 per share.
- This disposition was a forfeiture of shares to cover tax withholding obligations incurred from the settlement of vested restricted stock units (RSUs) that were granted on June 1, 2022.
- Following this transaction, Mr. Rosenbloom beneficially owns 106,327 shares of Baxter International common stock, a total that includes the automatic reinvestment of dividends.
Sentiment
Score: 5
Explanation: The transaction is a routine forfeiture of shares to cover tax obligations upon the vesting of restricted stock units, which is a common practice in executive compensation and does not reflect a discretionary sale or a change in management's outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 06/01/2022 | Date restricted stock units were granted to David S. Rosenbloom. |
| 06/02/2025 | Transaction date for the forfeiture of shares to cover tax withholding from vested restricted stock units. |
| 06/04/2025 | Date the Form 4 filing was signed. |
Keywords
Baxter International, BAX, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, RSU, Tax Withholding, David S. Rosenbloom
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