BLCO SVP reports tax-withheld share disposals
Bausch & Lomb Corp senior vice president, controller and chief accounting officer Frederick Munsch reported multiple share dispositions related to tax withholding.
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Rhea-AI Filing Summary
Bausch & Lomb Corp senior vice president, controller and chief accounting officer Frederick Munsch reported multiple share dispositions related to tax withholding. On February 27, he disposed of 2,437 and 5,692 common shares at $18.30 per share through tax-withholding transactions. On February 26, he disposed of an additional 2,042 common shares at $18.49 per share, also for tax withholding.
According to the footnotes, these shares were withheld to cover tax obligations due upon the vesting of restricted share units and performance-based restricted share units, rather than being discretionary open-market sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares, No Par Value | 2,437 | $18.30 | $45K |
| Exercise Price or Tax Liability | Common Shares, No Par Value | 5,692 | $18.30 | $104K |
| Exercise Price or Tax Liability | Common Shares, No Par Value | 2,042 | $18.49 | $38K |
Footnotes (2)
- F1. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
- F2. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of performance-based restricted share units.
FAQ
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What insider transactions did BLCO executive Frederick Munsch report?
What type of BLCO securities were involved in Frederick Munsch’s Form 4?
What does transaction code F mean in the BLCO Form 4 for Frederick Munsch?
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