Bausch Health (NYSE: BHC) director receives $250,000 RSU equity grant
Rhea-AI Filing Summary
POWER ROBERT N reported acquisition or exercise transactions in this Form 4 filing.
Bausch Health Companies Inc. reported that director Robert N. Power received an equity grant in the form of restricted share units. He was awarded 45,871 RSUs with a grant date value of $250,000, which will vest immediately before the company’s next Annual Meeting of Shareholders and be settled in common shares. Following this grant, he directly holds 300,594 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 45,871 shares
Net Buy
1 txn
Insider
POWER ROBERT N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 45,871 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 300,594 shares (Direct)
Footnotes (1)
- F1. Represents the award of restricted share units ("RSUs") granted to non-employee directors of the Issuer on the third business day following their election at the Issuer's Annual Meeting of Shareholders. The RSUs have a grant date value of $250,000, vest on the date immediately preceding the Issuer's next Annual Meeting of Shareholders, and are settled in common shares, no par value, of the Issuer.
Key Figures
RSUs granted: 45,871 units
Grant date value: $250,000
Transaction price per share: $0.00
+1 more
4 metrics
RSUs granted
45,871 units
Restricted share units awarded to non-employee director
Grant date value
$250,000
Value of RSU award for non-employee director
Transaction price per share
$0.00
Compensation grant, not a market purchase
Shares held after transaction
300,594 shares
Director’s direct ownership following RSU grant
Key Terms
restricted share units ("RSUs"), grant date value, vest, settled in common shares
4 terms
grant date value financial
"The RSUs have a grant date value of $250,000"
vest financial
"The RSUs have a grant date value of $250,000, vest on the date immediately preceding"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Bausch Health (BHC) director Robert N. Power report?
Robert N. Power reported receiving a grant of 45,871 restricted share units. These RSUs were awarded as compensation to a non-employee director and will be settled in Bausch Health common shares once they vest before the next Annual Meeting.
What is the value of the RSU award reported in Bausch Health (BHC)’s Form 4?
The RSU award has a grant date value of $250,000. This value reflects the compensation granted to the non-employee director in equity form, which vests over time and is ultimately settled in common shares of Bausch Health.
When do Robert N. Power’s Bausch Health (BHC) RSUs vest?
The RSUs vest on the date immediately preceding Bausch Health’s next Annual Meeting of Shareholders. At that time, the restricted share units convert into common shares, aligning the director’s compensation with shareholder interests over the service period.
How were the Bausch Health (BHC) RSUs for Robert N. Power priced in the Form 4?
The transaction price per share is shown as $0.00 because this is a compensation-related grant, not a market purchase. The economic value is represented instead by the RSUs’ grant date value of $250,000 disclosed in the footnote.