Form 4: Baxter International Executive Reazur Rasul Reports Stock Transaction
SEC Form 4 Filing
EVP Reazur Rasul forfeited 1,987 shares of Baxter International stock on March 3, 2025, to cover tax withholding related to the vesting of restricted stock units.
Summary
- On March 3, 2025, Reazur Rasul, an Executive Vice President at Baxter International, forfeited 1,987 shares of common stock to cover tax obligations.
- This forfeiture was a result of the settlement of vested restricted stock units granted on March 2, 2022, and March 1, 2023.
- Following the transaction, Rasul directly owns 107,735 shares of Baxter International.
- This total includes the automatic reinvestment of dividends.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock forfeiture following the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Date of grant of restricted stock units. |
| 03/01/2023 | Date of grant of restricted stock units. |
| 03/03/2025 | Date of transaction (stock forfeiture). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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