Carson Seana 4
4 · Bausch Health Companies Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Bausch Health EVP Carson Seana Receives Award of 137,922 Shares
What Happened
Carson Seana, EVP and General Counsel of Bausch Health (BHC), was credited with 137,922 performance-based restricted share units (PSUs) on February 9, 2026. The Form 4 reports the award with an acquisition price of $0.00 (code A), indicating these were granted/earned PSUs rather than a purchase. The PSUs were certified as earned based on financial performance for the 2023–2025 period but remain subject to a service-based vesting condition through March 2, 2026.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares awarded: 137,922 PSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: PSUs were originally granted Mar 2, 2023 and were certified earned on Feb 9, 2026 based on the Talent & Compensation Committee’s determination of financial-metric achievement (performance period Jan 1, 2023–Dec 31, 2025). PSUs still require the reporting person to satisfy a service-based vesting condition through Mar 2, 2026; delivery of earned shares will occur as soon as administratively practicable thereafter.
- No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.
Context
This is an award of performance-based RSUs that have been earned based on company financial results but are not yet fully vested into deliverable shares — a common long-term incentive for executives. Because the award is not a purchase or sale, it does not directly signal buying or selling intent; the eventual issuance of shares depends on the remaining service vesting condition.
Insider Transaction Report
- Award
Common Shares, No Par Value
[F1]2026-02-09+137,922→ 637,507 total
Footnotes (1)
- [F1]Reflects performance-based restricted share units ("PSUs"), originally granted to the Reporting Person on March 2, 2023, which were earned, on February 9, 2026, upon certification by the Talent and Compensation Committee of the Board of Directors of the Issuer of the level of achievement of the financial performance metrics applicable to the PSUs for the performance period from January 1, 2023 through December 31, 2025. The PSUs remain subject to a service-based vesting condition through March 2, 2026. Subject to the satisfaction by the Reporting Person of the service-based vesting condition, the Issuer will deliver to the Reporting Person the number of Common Shares earned based on achievement of the financial performance metrics as soon as administratively practicable thereafter.