McDonnell Michael R. 4
4 · BAXTER INTERNATIONAL INC · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Baxter Director Michael R. McDonnell Receives 12,836-Share Award
What Happened
- Michael R. McDonnell, a director of Baxter International Inc. (BAX), was granted and acquired 12,836 shares of Baxter common stock on May 5, 2026. The Form 4 reports the acquisition price as $0.00 (code A — award/grant). The filing shows no cash paid for the shares.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (timely under the two-business-day rule).
- Transaction type/code: Award/Grant (A); 12,836 shares acquired at $0.00.
- Total reported cash outlay: $0.00 (grant of fully vested shares).
- Shares owned after transaction: not specified in this filing.
- Footnote: The shares were "fully vested" at grant but are subject to the terms and conditions of the applicable grant (see F1).
Context
- This was an equity award (compensation/award), not an open-market purchase or sale. Fully vested shares mean McDonnell received beneficial ownership immediately, though the grant remains subject to the issuer’s terms and conditions. Such awards are common for directors and reflect compensation, not necessarily a separate buy/sell signal.
Insider Transaction Report
Form 4
McDonnell Michael R.
Director
Transactions
- Award
Common Stock, $1 par value
[F1]2026-05-05+12,836→ 14,647 total
Footnotes (1)
- [F1]The reporting person received a grant of fully vested shares of common stock of Baxter International Inc., subject to the terms and conditions of the applicable grant.
Signature
/s/ Kimberly Olson, as attorney in-fact for Michael R. McDonnell|2026-05-07