Baxter CEO has 54K shares withheld for taxes
Rhea-AI Filing Summary
BAXTER INTERNATIONAL INC (BAX) reported that President and CEO Andrew P. Hider had 54,276 shares of common stock withheld on September 2, 2026 to cover taxes due from the settlement of vested restricted stock units granted on September 2, 2025, at a reference price of $25.70 per share. Following this tax-withholding disposition, he directly holds 518,447 shares of Baxter common stock, which total includes the automatic reinvestment of dividends; no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 54,276 shares
Tax Withholding
1 txn
Insider
Hider Andrew P.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $1 par value F1, F2 | 54,276 | $25.70 | $1.39M |
Holdings After Transaction:
Common Stock, $1 par value — 518,447 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on September 2, 2026 from the settlement of vested restricted stock units granted on September 2, 2025.
- F2. Total includes the automatic reinvestment of dividends.
Key Figures
Shares delivered or withheld for taxes: 54,276 shares
Reference price per share: $25.70 per share
Shares held after transaction: 518,447 shares
+1 more
4 metrics
Shares delivered or withheld for taxes
54,276 shares
For tax withholding on settlement of vested RSUs on September 2, 2026
Reference price per share
$25.70 per share
Value used for the September 2, 2026 tax-withholding shares
Shares held after transaction
518,447 shares
Direct holdings of Andrew P. Hider after September 2, 2026 transaction, including dividend reinvestment
Transaction date
September 2, 2026
Date of the tax-withholding disposition related to vested RSUs
Key Terms
withholding of taxes, restricted stock units, automatic reinvestment of dividends
3 terms
withholding of taxes financial
"shares forfeited by the reporting person to cover the withholding of taxes"
restricted stock units financial
"settlement of vested restricted stock units granted on September 2, 2025"
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"
FAQ
What insider transaction did Baxter International (BAX) report for CEO Andrew P. Hider?
Baxter reported that CEO Andrew P. Hider had 54,276 shares of common stock withheld on September 2, 2026 to cover taxes arising from the settlement of vested restricted stock units.
Was the Baxter (BAX) CEO’s September 2, 2026 transaction an open-market sale?
No. The 54,276 shares were forfeited to cover tax withholding related to the settlement of restricted stock units, not sold in an open-market transaction.
Was the Baxter (BAX) CEO’s tax-withholding transaction under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for this September 2, 2026 tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.