Bausch & Lomb Corp (BLCO) CEO granted 281,879 PSUs tied to 2027 vesting
Rhea-AI Filing Summary
Bausch & Lomb Corp Chairman and CEO Brent L. Saunders reported two equity-related transactions dated August 5, 2026. The company withheld 4,231 common shares at $16.76 per share to satisfy tax withholding obligations upon vesting of restricted share units. Saunders was also credited with 281,879 common shares underlying performance stock units originally granted on February 28, 2024 that achieved the 100% target performance level as of August 5, 2026; these earned PSUs are scheduled to vest on February 28, 2027, subject to his continued employment. These transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 277,648 shares
Net Buy
2 txns
Insider
SAUNDERS BRENT L
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value F1 | 4,231 | $16.76 | $71K |
| Grant/Award | Common Shares, No Par Value F2 | 281,879 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 1,256,037 shares (Direct)
Footnotes (2)
- F1. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
- F2. Represents common shares, no par value, of Bausch + Lomb Corporation underlying an award of performance stock units ("PSUs") originally granted to the reporting person on February 28, 2024 under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, that satisfied the applicable performance conditions at the target performance level (100%) as of August 5, 2026. The earned PSUs will vest on February 28, 2027, subject generally to the reporting person's continued employment through such date.
Key Figures
Shares withheld for taxes: 4,231 shares
Tax withholding price per share: $16.76
PSU-related common shares: 281,879 shares
+3 more
6 metrics
Shares withheld for taxes
4,231 shares
Common shares withheld on August 5, 2026 to satisfy tax withholding obligations due upon vesting of restricted share units
Tax withholding price per share
$16.76
Per-share value used for 4,231 common shares withheld to satisfy tax withholding obligations
PSU-related common shares
281,879 shares
Common shares underlying performance stock units that met the 100% target performance conditions as of August 5, 2026
Original PSU grant date
February 28, 2024
Date performance stock units were originally granted under the 2022 Omnibus Incentive Plan
PSU performance measurement date
August 5, 2026
Date on which the PSUs satisfied performance conditions at the target 100% level
Scheduled PSU vesting date
February 28, 2027
Date the earned PSUs are scheduled to vest, subject to the CEO’s continued employment
Key Terms
restricted share units, performance stock units ("PSUs"), tax withholding obligations, Omnibus Incentive Plan
4 terms
performance stock units ("PSUs") financial
"underlying an award of performance stock units ("PSUs") originally granted"
tax withholding obligations financial
"common shares withheld to satisfy the tax withholding obligations due upon vesting"
Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Bausch & Lomb (BLCO) CEO Brent Saunders report?
Brent Saunders reported two equity events: 4,231 common shares withheld at $16.76 to cover tax obligations from restricted share unit vesting, and 281,879 common shares underlying performance stock units that met the 100% target performance level, scheduled to vest on February 28, 2027, subject to continued employment.
What performance stock units did the Bausch & Lomb (BLCO) CEO report?
The CEO reported 281,879 common shares underlying performance stock units originally granted on February 28, 2024. These PSUs satisfied performance conditions at the 100% target level as of August 5, 2026 and are scheduled to vest on February 28, 2027, subject to his continued employment.
When will the earned PSUs for Bausch & Lomb (BLCO) CEO Brent Saunders vest?
The earned PSUs for Brent Saunders are scheduled to vest on February 28, 2027, provided he remains employed through that date. They relate to 281,879 common shares underlying performance stock units that reached the 100% target performance level as of August 5, 2026.
Were the reported BLCO insider transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not marked, so these transactions were not reported as being made under a Rule 10b5-1 trading plan. They instead reflect tax withholding and a PSU performance-achievement event for the Bausch & Lomb CEO.
What was the grant history of the PSUs reported for Bausch & Lomb (BLCO)?
The performance stock units were originally granted on February 28, 2024 under the Bausch & Lomb Corporation 2022 Omnibus Incentive Plan. As of August 5, 2026, they achieved the 100% target performance level, corresponding to 281,879 underlying common shares that will vest in 2027, subject to continued employment.