Boston Scientific Corp DEF 14A Filing

Ticker: BSX · Form: DEF 14A · Filed: 2024-03-20T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: BSX

TL;DR

BSX DEF 14A out: Exec comp details & pension adjustments for 2023.

AI Summary

Boston Scientific Corp filed its DEF 14A on March 20, 2024, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023. The filing includes information on various compensation components and adjustments related to pension values and service costs for the years 2020 through 2023.

Why It Matters

This filing provides transparency into how Boston Scientific compensates its top executives and outlines the company's governance structure, which can influence investor decisions.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information on executive compensation and corporate governance, not typically indicative of immediate financial risk.

Key Numbers

2023-12-31 — Fiscal Year End (Reporting period for executive compensation details.)
20240320 — Filing Date (Date the DEF 14A was submitted to the SEC.)

Key Players & Entities

BOSTON SCIENTIFIC CORP (company) — Filer
0000885725 (company) — Central Index Key
300 BOSTON SCIENTIFIC WAY (address) — Business Address
MARLBOROUGH (location) — Business City
MA (location) — Business State
01752-1234 (postal_code) — Business Zip
508-683-4000 (phone_number) — Business Phone

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.

What specific fiscal year does this DEF 14A filing primarily cover?

This DEF 14A filing primarily covers the fiscal year ending December 31, 2023.

What type of adjustments are mentioned in relation to pension values and deferred compensation?

The filing mentions 'AdjustmentChangeInPensionValueAndNonQualifiedDeferredCompensationEarningsMember' and 'AdjustmentServiceCostMember'.

What is Boston Scientific Corp's Standard Industrial Classification code?

Boston Scientific Corp's Standard Industrial Classification code is 3841, which corresponds to 'SURGICAL & MEDICAL INSTRUMENTS & APPARATUS'.

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on March 20, 2024.

From the Filing

0000885725-24-000033.txt : 20240320 0000885725-24-000033.hdr.sgml : 20240320 20240320170632 ACCESSION NUMBER: 0000885725-24-000033 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 106 CONFORMED PERIOD OF REPORT: 20240320 FILED AS OF DATE: 20240320 DATE AS OF CHANGE: 20240320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON SCIENTIFIC CORP CENTRAL INDEX KEY: 0000885725 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 042695240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11083 FILM NUMBER: 24768503 BUSINESS ADDRESS: STREET 1: 300 BOSTON SCIENTIFIC WAY CITY: MARLBOROUGH STATE: MA ZIP: 01752-1234 BUSINESS PHONE: 508-683-4000 MAIL ADDRESS: STREET 1: 300 BOSTON SCIENTIFIC WAY CITY: MARLBOROUGH STATE: MA ZIP: 01752-1234 DEF 14A 1 bsx-20240320.htm DEF 14A bsx-20240320 BOSTON SCIENTIFIC CORP 0000885725 DEF 14A FALSE 0000885725 2023-01-01 2023-12-31 iso4217:USD 0000885725 2022-01-01 2022-12-31 0000885725 2021-01-01 2021-12-31 0000885725 2020-01-01 2020-12-31 0000885725 bsx:AdjustmentChangeInPensionValueAndNonQualifiedDeferredCompensationEarningsMember ecd:PeoMember 2023-01-01 2023-12-31 0000885725 bsx:AdjustmentChangeInPensionValueAndNonQualifiedDeferredCompensationEarningsMember ecd:PeoMember 2022-01-01 2022-12-31 0000885725 bsx:AdjustmentChangeInPensionValueAndNonQualifiedDeferredCompensationEarningsMember ecd:PeoMember 2021-01-01 2021-12-31 0000885725 bsx:AdjustmentChangeInPensionValueAndNonQualifiedDeferredCompensationEarningsMember ecd:PeoMember 2020-01-01 2020-12-31 0000885725 ecd:PeoMember bsx:AdjustmentServiceCostMember 2023-01-01 2023-12-31 0000885725 ecd:PeoMember bsx:AdjustmentServiceCostMember 2022-01-01 2022-12-31 0000885725 ecd:PeoMember bsx:AdjustmentServiceCostMember 2021-01-01 2021-12-31 0000885725 ecd:PeoMember bsx:AdjustmentServiceCostMember 2020-01-01 2020-12-31 0000885725 bsx:AdjustmentStockAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0000885725 bsx:AdjustmentStockAwardsMember ecd:PeoMember 2022-01-01 2022-12-31 0000885725 bsx:AdjustmentStockAwardsMember ecd:PeoMember 2021-01-01 2021-12-31 0000885725 bsx:AdjustmentStockAwardsMember ecd:PeoMember 2020-01-01 2020-12-31 0000885725 bsx:AdjustmentOptionAwardsMember ecd:PeoMember 2023-01-01 2023-12-31 0000885725 bsx:AdjustmentOptionAwardsMember ecd:PeoMember 2022-01-01 2022-12-31 0000885725 bsx:AdjustmentOptionAwardsMember ecd:PeoMember 2021-01-01 2021-12-31 0000885725 bsx:AdjustmentOptionAwardsMember ecd:PeoMember 2020-01-01 2020-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedDuringTheYearUnvestedMember 2023-01-01 2023-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedDuringTheYearUnvestedMember 2022-01-01 2022-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedDuringTheYearUnvestedMember 2021-01-01 2021-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedDuringTheYearUnvestedMember 2020-01-01 2020-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedInPriorYearsUnvestedMember 2023-01-01 2023-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedInPriorYearsUnvestedMember 2022-01-01 2022-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedInPriorYearsUnvestedMember 2021-01-01 2021-12-31 0000885725 ecd:PeoMember bsx:AdjustmentEquityAwardsGrantedInPriorYearsUnvestedMember 2020-01-01 2020-12-31 0000885725 bsx:AdjustmentEquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2023-01-01 2023-12-31 0000885725 bsx:AdjustmentEquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2022-01-01 2022-12-31 0000885725 bsx:AdjustmentEquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2021-01-01 2021-12-31 0000885725 bsx:AdjustmentEquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2020-01-01 2020-12-31 0000885725 bsx:AdjustmentEquityAwardsGrantedInPriorYearsForfeitedMember ecd:PeoMemb