Form 4: Baxter International SVP, CAO & Controller Brian Stevens Reports Stock Transaction
SEC Filing
Brian Stevens, SVP, CAO & Controller of Baxter International, reports the forfeiture of 673 common stock shares to cover tax withholding related to the vesting of restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, Brian Stevens, SVP, CAO & Controller of Baxter International Inc., forfeited 673 shares of common stock.
- The shares were forfeited to cover the withholding of taxes incurred as a result of the delivery of shares from the settlement of vested restricted stock units granted on March 1, 2023.
- The price per share for the transaction was $41.01.
- Following the transaction, Stevens beneficially owns 53,795 shares of Baxter International Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices; it doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date of grant for the restricted stock units that vested on March 1, 2024. |
| 03/01/2024 | Date of the transaction where 673 shares were forfeited to cover tax withholding. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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