Bausch & Lomb (NYSE: BLCO) executive has 1,008 shares withheld for tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp executive Luc Bonnefoy reported a routine tax-withholding transaction related to equity compensation. On the vesting of restricted share units, 1,008 common shares were withheld at an indicated value of $15.08 per share to satisfy tax obligations. After this non-market disposition, Bonnefoy directly holds 87,023 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bonnefoy Luc
Role
President, Surgical
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 1,008 | $15.08 | $15K |
Holdings After Transaction:
Common Shares, No Par Value — 87,023 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,008 shares
Withholding share value: $15.08 per share
Shares held after transaction: 87,023 shares
+1 more
4 metrics
Shares withheld for taxes
1,008 shares
Tax-withholding disposition on RSU vesting
Withholding share value
$15.08 per share
Indicated value for withheld shares
Shares held after transaction
87,023 shares
Direct common share holdings post-transaction
Tax-withholding transactions
1 transaction, 1,008 shares
Aggregate tax-withholding activity in this Form 4
Key Terms
restricted share units, tax withholding obligations, Form 4, Common Shares, No Par Value
4 terms
tax withholding obligations financial
"common shares withheld to satisfy the tax withholding obligations due"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Bausch & Lomb (BLCO) executive Luc Bonnefoy report on this Form 4?
Luc Bonnefoy reported a tax-withholding disposition of 1,008 Bausch & Lomb common shares. The shares were withheld to cover taxes due when restricted share units vested, rather than sold on the open market, and reflect routine compensation-related activity.
Was this Bausch & Lomb (BLCO) Form 4 transaction an open-market sale or purchase?
No, the transaction was not an open-market sale or purchase. It was a tax-withholding disposition, where 1,008 shares were withheld by the company to pay tax liabilities triggered by restricted share unit vesting, as described in the Form 4 footnote.