BHCBausch Health Companies Inc.Healthcare · Drug Manufacturers - Specialty & Genericas of 2026-09-16
Horizon

Issued 2026-09-16 at $5.69 · now $5.69 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, BHC has typically landed between $4.35 and $7.23 — a range of −23.5% to +27.0% from the issuance price $5.69.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-262026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($5.69) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where BHC has typically landed a month from the 2026-09-16 close of $5.69 — the range is history, not a prediction.

$4.35worst · -23.5%$7.23best · +27.0%
  • now $5.69 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $5.58 (-1.9%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $4.99$6.17
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $4.35$7.23
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2016-02-18−71.3%−71.3%+0.0%
2016-02-17−68.6%−68.6%+0.0%
2016-02-25−65.9%−68.2%+0.0%
3 best
2015-11-16+61.6%−4.1%+61.6%
2025-06-02+58.9%+0.0%+58.9%
2015-11-17+58.4%+0.0%+68.5%

5,003 overlapping windows · 2006-09-262026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
55%
+4.8%
n=20
Feb
70%
+3.1%
n=20
Mar
50%
−5.2%
n=20
Apr
70%
+1.1%
n=20
May
45%
−1.4%
n=20
Jun
40%
+2.8%
n=20
Jul
45%
+0.4%
n=20
Aug
40%
+0.9%
n=20
Sep
50%
+1.4%
n=20
Oct
60%
−3.6%
n=20
Nov
55%
+3.3%
n=20
Dec
65%
+4.5%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$8$42026-08-19: 1 insider sale, $259K — Lenar Aimee J.2026-05-19: 1 insider sale, $133K — Lee Frank D.2026-03-03: 1 insider sale, $26K — Carson Seana2026-03-02: 1 insider sale, $40K — Carson Seana2026-02-27: 1 insider sale, $50K — Carson Seana2025-11-25: 1 insider purchase, $15.6M — PAULSON & CO. INC.2025-09-08: 1 insider sale, $98K — Carson Seana2025-08-21: 1 insider sale, $122K — Lee Frank D.2025-08-14: 1 insider purchase, $312.5M — Paulson John2025-08-13: 1 insider purchase, $610K — Paulson John2025-08-12: 1 insider purchase, $8.0M — Paulson John2025-08: 4 open-market purchases, $333.8M2025-08: 1 open-market sale, $122K2025-09: 1 open-market sale, $98K2025-11: 1 open-market purchase, $15.6M2026-02: 1 open-market sale, $50K2026-03: 2 open-market sales, $65K2026-05: 1 open-market sale, $133K2026-08: 1 open-market sale, $259K↑ buys↓ salesofficer Lenar Aimee J. — Sale on 2026-08-19, filed 1 day after the tradedirector Lee Frank D. — Sale on 2026-05-19, filed 1 day after the tradeofficer Carson Seana — Sale on 2026-03-03, filed same dayofficer Carson Seana — Sale on 2026-03-02, filed 1 day after the tradeofficer Carson Seana — Sale on 2026-02-27, filed same dayother PAULSON & CO. INC. — Purchase on 2025-11-25, filed 3 days after the tradeofficer Carson Seana — Sale on 2025-09-08, filed same daydirector Lee Frank D. — Sale on 2025-08-21, filed 1 day after the tradedirector Paulson John — Purchase on 2025-08-14, filed same daydirector Paulson John — Purchase on 2025-08-13, filed same daydirector Paulson John — Purchase on 2025-08-12, filed 1 day after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-08-19Lenar Aimee J.officerSale36,827 @ $7.03$259K−9.9% of holdingnot yet — horizon still opennot yet — horizon still open334,853Form 4 · filed 1 day after the trade
2026-05-19Lee Frank D.directorSale24,456 @ $5.43$133K−33.1% of holding−12.4%not yet — horizon still open49,339Form 4 · filed 1 day after the trade
2026-03-03Carson SeanaofficerSale4,420 @ $5.77$26K−0.7% of holding+0.8%+0.3%616,761Form 4 · filed same day
2026-03-02Carson SeanaofficerSale6,856 @ $5.78$40K−0.9% of holding−4.3%−5.3%776,076Form 4 · filed 1 day after the trade
2026-02-27Carson SeanaofficerSale8,388 @ $5.95$50K−1.0% of holding−7.6%−6.2%809,258Form 4 · filed same day
2025-11-25PAULSON & CO. INC.otherPurchase2,500,000 @ $6.25$15.6M+3.5% of holding+11.4%−27.9%73,255,869Form 4 · filed 3 days after the trade
2025-09-08Carson SeanaofficerSale13,370 @ $7.31$98K−2.6% of holding−16.2%−31.3%499,585Form 4 · filed same day
2025-08-21Lee Frank D.directorSale15,912 @ $7.66$122K−17.7% of holding−14.4%−28.3%73,795Form 4 · filed 1 day after the trade
2025-08-14Paulson JohndirectorPurchase34,721,118 @ $9.00$312.5M+96.4% of holding−6.9%−26.6%70,755,869Form 4 · filed same day
2025-08-13Paulson JohndirectorPurchase86,409 @ $7.06$610K+0.2% of holding−0.7%−24.8%36,034,751Form 4 · filed same day
2025-08-12Paulson JohndirectorPurchase1,156,640 @ $6.88$8.0M+3.3% of holding+1.2%−21.4%35,948,342Form 4 · filed 1 day after the trade
2025-08-11Paulson JohndirectorPurchase2,000,000 @ $6.35$12.7M+6.1% of holding+4.8%−17.0%34,791,702Form 4 · filed 2 days after the trade
2025-06-13Paulson JohndirectorPurchase3,564,059 @ $5.94$21.2M+12.2% of holding+2.8%+0.9%32,791,702Form 4 · filed 4 days after the trade
2025-06-12Paulson JohndirectorPurchase1,005,376 @ $5.47$5.5M+3.6% of holding+13.2%+12.4%29,227,643Form 4 · filed same day
2025-06-11Paulson JohndirectorPurchase1,029,098 @ $5.24$5.4M+3.8% of holding+14.7%+13.0%28,222,267Form 4 · filed 1 day after the trade
2025-06-10Paulson JohndirectorPurchase754,134 @ $5.05$3.8M+2.9% of holding+22.2%+19.4%27,193,169Form 4 · filed 2 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

79 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-07-17Lenar Aimee J.officerWithheld for tax5,260371,680Form 4
2026-07-15Lenar Aimee J.officerWithheld for tax23,395376,940Form 4
2026-07-14LEE STEVEN HYOSIGofficerWithheld for tax3,12570,114Form 4
2026-06-30Paulson JohndirectorAward / grant12,677430,242Form 4
2026-06-30LEUNG SANDRAdirectorAward / grant6,84597,070Form 4
2026-06-30WECHSLER AMY BdirectorAward / grant1,394314,979Form 4
2026-05-22POWER ROBERT NdirectorAward / grant45,871300,594Form 4
2026-05-22WECHSLER AMY BdirectorAward / grant45,871313,585Form 4
2026-05-22ROBERTS EIRYdirectorAward / grant45,87145,871Form 4
2026-05-22Garcia Christian AdirectorAward / grant45,871135,578Form 4
2026-05-22GOETTLER MICHAELdirectorAward / grant45,87176,020Form 4
2026-05-22KAVANAGH SARAH BdirectorAward / grant45,871282,230Form 4
2026-05-22Lee Frank D.directorAward / grant45,87195,210Form 4
2026-05-22LEUNG SANDRAdirectorAward / grant45,87190,225Form 4
2026-05-22Paulson JohndirectorAward / grant45,871417,565Form 4
2026-03-31Paulson JohndirectorAward / grant11,574371,694Form 4
2026-03-31LEUNG SANDRAdirectorAward / grant5,94644,354Form 4
2026-03-31WECHSLER AMY BdirectorAward / grant1,273267,714Form 4
2026-03-02APPIO THOMASdirectorOther acquisition1,137,8622,315,374Form 4
2026-03-02Carson SeanaofficerOther acquisition137,922621,181Form 4
2026-03-02APPIO THOMASdirectorWithheld for tax83,7053,453,236Form 4
2026-03-02Carson SeanaofficerWithheld for tax16,973759,103Form 4
2026-02-27APPIO THOMASdirectorWithheld for tax83,0933,536,941Form 4
2026-02-27Charhon Jean-JacquesofficerWithheld for tax49,060706,478Form 4
2026-02-27Carson SeanaofficerWithheld for tax26,326782,932Form 4
2026-02-26APPIO THOMASdirectorWithheld for tax116,5023,620,034Form 4
2026-02-26Charhon Jean-JacquesofficerWithheld for tax35,977755,538Form 4
2026-02-26Carson SeanaofficerWithheld for tax32,211817,646Form 4
2026-02-26Lenar Aimee J.officerWithheld for tax17,578400,335Form 4
2026-02-25APPIO THOMASdirectorAward / grant815,4253,736,536Form 4
2026-02-25Charhon Jean-JacquesofficerAward / grant276,055791,515Form 4
2026-02-25Carson SeanaofficerAward / grant212,350849,857Form 4
2026-02-25Lenar Aimee J.officerAward / grant157,139417,913Form 4
2026-02-25LEE STEVEN HYOSIGofficerAward / grant45,86873,239Form 4
2026-02-09APPIO THOMASdirectorAward / grant1,137,8622,921,111Form 4
2026-02-09Carson SeanaofficerAward / grant137,922637,507Form 4
2025-12-31Paulson JohndirectorAward / grant8,992360,120Form 4
2025-12-31WECHSLER AMY BdirectorAward / grant989266,441Form 4
2025-12-31LEUNG SANDRAdirectorAward / grant4,58638,408Form 4
2025-09-30WECHSLER AMY BdirectorAward / grant1,065265,452Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.