Andrew P. Hider Files Form 3 for Baxter (BAX) Showing Zero Shares

Rhea-AI Filing Summary

Andrew P. Hider filed a Form 3 for Baxter International Inc. (BAX) reporting his relationship to the issuer as Director and President and CEO. The Form 3 reports 0 shares of Baxter common stock beneficially owned as of the 08/19/2025 event date. The filing was signed by attorney in-fact Ellen K. Bradford on 08/25/2025.

Insights

Corporate Governance Expert

TL;DR: Company insider listed as Director and President/CEO reported no direct beneficial ownership on initial Form 3.

The Form 3 notifies investors that Andrew P. Hider holds roles as both a director and the company’s President and CEO while reporting zero shares of Baxter common stock. For governance monitoring, this is a routine initial disclosure that establishes public record of the officer/director relationship and current equity ownership. No equity-based derivative positions or indirect holdings are reported, and the filing contains no additional explanatory remarks.

Securities Analyst

TL;DR: Initial insider disclosure shows no direct equity stake; this is informational but not material on its own.

From a market-impact perspective, the filing simply documents an insider relationship and a zero-share position as of 08/19/2025. There are no reported options, warrants, convertible instruments, or indirect ownership claims on the Form 3. This disclosure should be treated as routine compliance with Section 16 reporting rather than a material corporate event.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hider Andrew P.

(Last) (First) (Middle)

ONE BAXTER PARKWAY

(Street)

DEERFIELD IL 60015

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/19/2025

3. Issuer Name and Ticker or Trading Symbol
BAXTER INTERNATIONAL INC [ BAX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $1 par value	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Ellen K. Bradford, as attorney in-fact for Andrew P. Hider	08/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Andrew P. Hider report on the Form 3 for BAX?

The filing reports Andrew P. Hider as a Director and President and CEO of Baxter and shows 0 shares of common stock beneficially owned.

What is the event date and filing date on the Form 3 for BAX?

The event requiring the statement is dated 08/19/2025 and the Form 3 was signed by attorney in-fact on 08/25/2025.

Does the Form 3 show any derivative securities or indirect ownership for Andrew P. Hider?

No. Table II for derivative securities is empty and the Form 3 reports no indirect beneficial ownership.

Who signed the Form 3 on behalf of Andrew P. Hider?

The Form 3 was signed by Ellen K. Bradford, acting as attorney in-fact for Andrew P. Hider.

Is the Form 3 considered a material disclosure for investors in BAX?

The Form 3 is a routine Section 16 initial ownership disclosure; it documents roles and current ownership but contains no material transaction or holdings.