Carson Seana 4

What Happened Seana Carson, EVP and General Counsel of Bausch Health Companies Inc. (BHC), was awarded 212,350 restricted share units (RSUs) on 2026-02-25. Following the grant, 32,211 shares were withheld on 2026-02-26 to satisfy tax withholding obligations (value reported $194,554) and 8,388 shares were sold in the open market on 2026-02-27 for $5.95 each (proceeds $49,909). Total shares withheld/sold = 40,599, total proceeds/withholding value ≈ $244,463.

Key Details

• Award date: 2026-02-25 — 212,350 RSUs granted (transaction code A).
• Tax withholding: 2026-02-26 — 32,211 shares withheld at $6.04 (code F) to cover taxes (≈ $194,554).
• Open‑market sale: 2026-02-27 — 8,388 shares sold at $5.95 (code S) for $49,909; sale executed under a Rule 10b5-1 trading plan adopted May 7, 2025.
• Vesting: The RSUs vest one‑third on each of the first three anniversaries after the grant date and, when vested, are settled in common shares (footnote).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-02-27 for transactions dated 2026-02-25 to 2026-02-27; filing appears timely.

Context The 212,350 RSU award is a compensation grant (not a market purchase). The 32,211‑share disposition was a tax‑withholding action related to RSUs; the 8,388‑share sale was a prearranged sale under a 10b5‑1 plan. These actions are routine insider compensation and tax‑settlement transactions rather than an open‑market buy signal.