Rosenbloom David S. 4

What Happened
David S. Rosenbloom, EVP and General Counsel of Baxter International (BAX), had 6,620 shares disposed (forfeited) to satisfy tax withholding related to the settlement of vested restricted stock units. The shares were valued at $17.69 each, totaling $117,108. The withholding/retention occurred on March 6, 2026; the Form 4 was filed on March 10, 2026.

Key Details

• Transaction date and price: March 6, 2026 — 6,620 shares at $17.69 per share (total $117,108).
• Transaction code: F (shares forfeited/withheld to cover tax liability).
• Footnote: The shares were withheld to cover taxes on RSUs that vested and were delivered on March 6, 2026, from RSU grants dated March 6, 2024 and March 6, 2025 (per F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed March 10, 2026 — appears timely (within the required reporting window).

Context
This was a tax-withholding/cashless settlement action tied to vested RSUs, not an open-market sale. Such forfeitures are routine administrative actions to cover tax obligations and do not necessarily indicate the insider is reducing their economic exposure or signaling a view on the company's stock.