Bausch & Lomb (NYSE: BLCO) CLO earns 33,557 performance-based shares
Rhea-AI Filing Summary
Robert D. Bailey, EVP & Chief Legal Officer of Bausch & Lomb Corp, reported a grant/award acquisition of 33,557 common shares underlying performance stock units that earned at 100% of target as of August 5, 2026. These PSUs will vest on February 28, 2027, increasing his direct holdings to 264,241 shares, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33,557 shares
Net Buy
1 txn
Insider
Bailey A Robert D
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value F1 | 33,557 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 264,241 shares (Direct)
Footnotes (1)
- F1. 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
Common shares acquired: 33,557 shares
Total shares after transaction: 264,241 shares
Performance achievement level: 100%
+2 more
5 metrics
Common shares acquired
33,557 shares
Grant/award acquisition on August 5, 2026 underlying earned PSUs
Total shares after transaction
264,241 shares
Direct holdings of Robert D. Bailey following the reported award
Performance achievement level
100%
PSUs satisfied performance conditions at target level as of August 5, 2026
Original PSU grant date
February 28, 2024
Date the performance stock units were originally granted
Vesting date for earned PSUs
February 28, 2027
Earned PSUs vest, subject to continued employment through this date
Key Terms
performance stock units ("PSUs"), Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, target performance level, vest
4 terms
performance stock units ("PSUs") financial
"underlying an award of performance stock units ("PSUs") originally granted"
Bausch + Lomb Corporation 2022 Omnibus Incentive Plan financial
"granted ... under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan"
target performance level financial
"satisfied the applicable performance conditions at the target performance level (100%)"
vest financial
"The earned PSUs will vest on February 28, 2027, subject generally"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BLCO executive Robert D. Bailey report?
Robert D. Bailey reported a grant/award acquisition of 33,557 common shares of Bausch & Lomb Corp. The shares underlie performance stock units that earned at 100% of target as of August 5, 2026 and will vest on February 28, 2027.
What are the key terms of the BLCO performance stock units granted to Robert D. Bailey?
The award relates to performance stock units representing 33,557 common shares that earned at 100% of target performance as of August 5, 2026. These earned PSUs will vest on February 28, 2027, generally conditioned on Bailey’s continued employment through that date.
When were Robert D. Bailey’s BLCO performance stock units originally granted?
The performance stock units tied to 33,557 common shares were originally granted on February 28, 2024. They were issued under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, and later earned at 100% of target performance.
Was Robert D. Bailey’s BLCO transaction under a Rule 10b5-1 trading plan?
The transaction was not indicated as being made pursuant to a Rule 10b5-1 trading plan. The Form 4 data shows the Rule 10b5-1 plan affirmation flag as false, meaning the award was not reported as pre-arranged under such a plan.