Form 4: Baxter International Executive James W. Borzi Reports Stock Transaction
SEC Filing
EVP, Chief Supply Chain Officer of Baxter International, James W. Borzi, reports disposition of shares to cover tax obligations from vested restricted stock units.
Summary
- On March 1, 2024, James W. Borzi, EVP, Chief Supply Chain Officer of Baxter International, disposed of 852 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $41.01 per share.
- Following the transaction, Borzi directly owns 34,814 shares of Baxter International common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see when executives are buying or selling shares of their own company, which can provide insights into their perspective on the company's performance and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date of grant of restricted stock units that vested on March 1, 2024. |
| 03/01/2024 | Date of transaction: disposition of shares to cover tax obligations. |
| 03/05/2024 | Date of report filing. |
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