Tax withholding trims Bausch & Lomb (NYSE: BLCO) EVP share count
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp executive Yehia Hashad, EVP of R&D and CMO, reported a routine tax-related share disposition on Form 4. On May 5, 2026, 13,664 common shares at $16.00 per share were withheld to cover tax obligations triggered by the vesting of restricted share units, rather than sold in the open market. After this withholding, Hashad directly holds 166,377 common shares, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hashad Yehia
Role
EVP of R&D and CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 13,664 | $16.00 | $219K |
Holdings After Transaction:
Common Shares, No Par Value — 166,377 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 13,664 shares
Per-share tax valuation: $16.00 per share
Shares held after transaction: 166,377 shares
+1 more
4 metrics
Tax-withheld shares
13,664 shares
Common shares withheld for tax obligations on May 5, 2026
Per-share tax valuation
$16.00 per share
Value used for withheld common shares
Shares held after transaction
166,377 shares
Direct common share holdings after tax withholding
Tax-withholding events
1 event
Single Form 4 tax-withholding disposition reported
Key Terms
tax withholding, restricted share units, Form 4, Common Shares, No Par Value
4 terms
tax withholding financial
"represents common shares withheld to satisfy the tax withholding obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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 insider transaction did BLCO executive Yehia Hashad report?
Yehia Hashad reported a tax-withholding disposition on Form 4. The company withheld common shares to satisfy taxes due when his restricted share units vested, rather than him selling shares in the open market.
Was Yehia Hashad’s BLCO Form 4 a sale in the open market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The company withheld shares to pay taxes due on restricted share unit vesting, as described explicitly in the filing’s footnote.
What does the footnote in Yehia Hashad’s BLCO Form 4 explain?
The footnote explains that the 13,664 common shares represent stock withheld to satisfy tax withholding obligations upon vesting of restricted share units, clarifying this was a mechanical tax event rather than discretionary selling.