Bausch & Lomb (BLCO) EVP uses shares for tax withholding on RSU vesting
Rhea-AI Filing Summary
Bausch & Lomb Corp executive Robert D. Bailey reported routine share dispositions related to tax withholding on vested equity awards. On two dates, he surrendered 3,395 and 2,461 common shares, respectively, at prices of $18.49 and $18.30 per share to cover tax obligations on restricted share unit vesting, rather than selling shares on the open market. After these tax-withholding transactions, he directly holds 217,290 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,856 shares
Net Sell
2 txns
Insider
Bailey A Robert D
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares, No Par Value | 2,461 | $18.30 | $45K |
| Exercise Price or Tax Liability | Common Shares, No Par Value | 3,395 | $18.49 | $63K |
Holdings After Transaction:
Common Shares, No Par Value — 217,290 shares (Direct)
Footnotes (1)
- F1. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
FAQ
What insider activity did Bausch & Lomb (BLCO) report for Robert D. Bailey?
Bausch & Lomb reported that EVP & Chief Legal Officer Robert D. Bailey surrendered common shares to satisfy tax-withholding obligations on vested restricted share units. These are coded as tax-withholding dispositions, not open-market sales, and he continues to hold a substantial direct share position afterward.
AI-generated analysis. How Rhea-AI works. Not financial advice.