BAXTER INTERNATIONAL INC — Director's Dealing 2026

Mar 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2026-02-27

Reporting Person: Grade Joel T. (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-27	Common Stock, $1 par value	A	42735	—	Acquired	279828	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-27	Stock Option (Right to Buy)	$20.37	A	103448	Acquired	2036-02-27	Common Stock, $1 par value (103448)	Direct

Footnotes

F1: The reporting person received a grant of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 1, 2027, the first anniversary of the grant date, subject to satisfaction of the related vesting requirements set forth in the Amended and Restated Baxter International Inc. 2021 Incentive Plan.

F2: Total includes shares held in the Baxter's Employee Stock Plan.

F3: The options become exercisable in three equal annual installments beginning on March 1, 2027, the first anniversary of the grant date.