PAULSON & CO. INC. - 25 Nov 2025 Form 4 Insider Report for Bausch Health Companies Inc. (BHC)

Reporting relationship: 10%+ Owner
Issuer ticker: BHC
Reported as of: 25 Nov 2025
Net transaction value: +$15,625,000
SEC form: 4
Accepted by SEC: 28 Nov 2025, 17:38:39 UTC
Prior SEC filing: 05 Sep 2025
Next SEC filing: 27 Jan 2026
Source filing: View source filing
Reporting owner signature: PAULSON & CO. INC.By: /s/ Stuart L. Merzer, Stuart L. Merzer, General Counsel & Chief Compliance Officer

Key filing fact

PAULSON & CO. INC. filed Form 4 for Bausch Health Companies Inc. (BHC) on 28 Nov 2025.

Key facts

This page summarizes PAULSON & CO. INC.'s Form 4 filing for Bausch Health Companies Inc. (BHC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 28 Nov 2025, 17:38.

Change

Previous filing in this sequence was filed on 05 Sep 2025.
Current net transaction value: +$15,625,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001035674 Primary reporting owner

PAULSON & CO. INC.

Relationship: 10%+ Owner
Address: 15 EXCHANGE PLACE, JERSEY CITY
Signature: PAULSON & CO. INC.By: /s/ Stuart L. Merzer, Stuart L. Merzer, General Counsel & Chief Compliance Officer
Signature date: 28 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BHC transaction

Common Stock, no par value

Purchase

Transaction value: $15,625,000
Shares: +2,500,000
Change %: +3.5%
Price: $6.25
Shares after: 73,255,869
Date: 25 Nov 2025
Ownership: By Managed Funds
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Paulson & Co. ("Paulson") is the investment manager of certain investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Funds. Each of Paulson and John Paulson may be deemed an indirect beneficial owner of the securities, which are directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the reporting person disclaims beneficial ownership of any securities reported herein, except to the extent that the reporting person has a pecuniary interest therein. This report shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any securities not directly owned by such reporting person.