Cash-settled RSUs provide no opportunity for capital gains. Cash-settled RSUs may be subject to Code Section 409A, which limits the flexibility in design and can introduce significant complexity.

Supplement In Response to Company Learning that Carl Icahn and Affiliates Have Cash-Settled Equity Swaps for Approximately 90 Million of Its Common Shares LAVAL, QC / ACCESS Newswire / April 22 ...

The Dan Loeb-led fund previously held cash-settled equity swap contracts. Third Point LLC is a prominent hedge fund based in New York City.

Equity Swap Settlement: cash settlement, within a maximum period of 12 months from December 13, 2024. Maximum Exposure: up to 16,156,597 common shares, observing the limit established in CVM ...

In addition to owning 9.4% of the company's shares, Icahn has exposure to an additional 24.6%, or 90.72 million shares through cash-settled equity swap agreements, Bausch Health said.

It has $4.05B in AUM and charges a 0.91% expense ratio. It primarily invests in cash-settled equity swaps to accomplish its daily goal.

This shift in voting rights, primarily through cash-settled equity swaps, highlights strategic financial maneuvers that could impact the company’s market dynamics.For further insights into GB ...