Baxter interim CFO granted 13,426 RSUs

Zielinski Anita A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Zielinski Anita A reported acquisition or exercise transactions in this Form 4 filing.

Baxter International Inc. reported that senior vice president and interim CFO Anita A. Zielinski received a one-time special grant of 13,426 shares of common stock as a restricted stock unit award in connection with her additional duties. The award was granted at no cash cost to her and is scheduled to vest on the third anniversary of the grant date, subject to vesting requirements under Baxter’s Second Amended and Restated 2021 Incentive Plan. Following this equity grant and automatic reinvestment of dividends, she directly holds 59,714 shares of Baxter common stock.

Insider Trade Summary

Grant/Award: 13,426 shares

Grant/Award 1 txn

Insider Zielinski Anita A

Role SVP, Interim CFO, CAO & Cntrlr

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $1 par value	13,426	$0.00	$0.00

Holdings After Transaction: Common Stock, $1 par value — 59,714 shares (Direct)

Footnotes (2)

1. F1. In connection with Ms. Zielinski's appointment to Interim CFO and commensurate with related additional duties, she received a one-time special grant award of restricted stock units which are scheduled to vest on the third anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan.
2. F2. Total includes the automatic reinvestment of dividends.

Key Figures

RSU grant size: 13,426 shares Grant price per share: $0.00 per share Shares held after transaction: 59,714 shares +1 more

4 metrics

RSU grant size 13,426 shares Restricted stock units granted to Anita A. Zielinski

Grant price per share $0.00 per share Compensation grant, no cash purchase price

Shares held after transaction 59,714 shares Direct Baxter common stock holdings following the grant

Vesting schedule Third anniversary of grant date RSUs vest subject to plan requirements

Key Terms

restricted stock units, automatic reinvestment of dividends, Incentive Plan, Grant, award, or other acquisition

4 terms

restricted stock units financial

"she received a one-time special grant award of restricted stock units which are scheduled to vest"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

automatic reinvestment of dividends financial

"Total includes the automatic reinvestment of dividends."

Incentive Plan financial

"set forth in the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Baxter (BAX) disclose about Anita Zielinski in this Form 4?

Baxter disclosed that Anita A. Zielinski, its SVP and Interim CFO, received a one-time grant of 13,426 restricted stock units, reflecting additional duties and increasing her direct holdings to 59,714 common shares including dividend reinvestments.

How many Baxter (BAX) shares were granted to Anita Zielinski?

Anita Zielinski was granted 13,426 shares of Baxter common stock through a restricted stock unit award. This equity grant is compensation-related and comes at no cash purchase price to her, reflecting her interim CFO responsibilities and expanded role.

When do Anita Zielinski’s new Baxter restricted stock units vest?

The restricted stock units granted to Anita Zielinski are scheduled to vest on the third anniversary of the grant date. Vesting is contingent on satisfying the requirements in Baxter’s Second Amended and Restated 2021 Incentive Plan governing such awards.

What are Anita Zielinski’s total Baxter (BAX) share holdings after this grant?

After the one-time grant, Anita Zielinski directly holds 59,714 shares of Baxter common stock. This total includes shares received from the new award and shares accumulated through the automatic reinvestment of dividends over time.

Is Anita Zielinski’s Baxter Form 4 transaction an open-market purchase or sale?

The Form 4 transaction is not an open-market trade; it is a compensation-related grant. The 13,426 Baxter shares were acquired via a restricted stock unit award, reported under transaction code A for grant or award acquisition at a price of $0.00 per share.

Why did Baxter grant a special restricted stock unit award to Anita Zielinski?

Baxter granted a one-time special restricted stock unit award to Anita Zielinski in connection with her appointment as Interim CFO. The filing notes it is commensurate with her related additional duties in this expanded senior leadership position at the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 04:07 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zielinski Anita A

(Last) (First) (Middle)

ONE BAXTER PARKWAY

(Street)

DEERFIELD ILLINOIS 60015

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Interim CFO, CAO & Cntrlr

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $1 par value	06/01/2026		A		13,426(1)	A	$0	59,714(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In connection with Ms. Zielinski's appointment to Interim CFO and commensurate with related additional duties, she received a one-time special grant award of restricted stock units which are scheduled to vest on the third anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Baxter International Inc. Second Amended and Restated 2021 Incentive Plan.

2. Total includes the automatic reinvestment of dividends.

Remarks:

	/s/ Kimberly Olson, as attorney-in-fact for Anita A. Zielinski	06/03/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)