Teaff James 4
4 · BAXTER INTERNATIONAL INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Baxter (BAX) President James Teaff Forfeits 321 Shares for Taxes
What Happened James Teaff, President, CCS at Baxter International, had 321 shares forfeited on June 2, 2026 to cover withholding taxes tied to the delivery of vested restricted stock units. The shares were valued at $18.68 each, for a total of $5,996. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-06-02; 321 shares at $18.68 per share; total ≈ $5,996.
- Transaction type: Tax withholding / forfeiture of shares from RSU settlement (transaction code F).
- Shares owned after transaction: Not specified in the excerpt; filing notes totals include shares held in Baxter’s Employee Stock Plan (see footnote F2).
- Footnotes: F1 — shares forfeited to cover withholding taxes from delivery of shares on 6/2/2026 arising from vested RSUs granted 6/2/2025. F2 — total holdings include Employee Stock Plan shares.
- Filing timeliness: Reported on 2026-06-03 for a 2026-06-02 transaction (filed next day), indicating timely reporting.
Context This was a routine tax-withholding event tied to RSU vesting (a cashless-type settlement where shares are retained/forfeited to satisfy tax obligations). Such forfeitures are administrative and do not necessarily reflect the insider’s view of the company’s stock.
Insider Transaction Report
Form 4
Teaff James
President, CCS
Transactions
- Tax Payment
Common Stock, $1 par value
[F1][F2]2026-06-02$18.68/sh−321$5,996→ 31,063 total
Footnotes (2)
- [F1]Represents the number of shares forfeited by the reporting person to cover the withholding of taxes incurred as a result of the delivery of shares on June 2, 2026, from the settlement of vested restricted stock units granted on June 2, 2025.
- [F2]Total includes shares held in the Baxter's Employee Stock Plan.
Signature
/s/ Kimberly Olson, as attorney in fact for James Teaff|2026-06-03