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Bausch & Lomb (BLCO) CEO uses common shares to cover RSU tax

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bausch & Lomb Corp CEO and Chairman Brent L. Saunders reported two Form 4 transactions reflecting common shares withheld to cover taxes on restricted share units that vested. On February 26, 22,059 common shares at $18.49 per share were withheld. On February 27, an additional 24,649 common shares at $18.30 per share were withheld. These are coded as tax-withholding dispositions rather than open-market sales, and Saunders held 951,875 common shares directly after the most recent transaction.

Positive

  • None.

Negative

  • None.
Insider SAUNDERS BRENT L
Role CEO and Chairman of the Board
Type Security Shares Price Value
Tax Withholding Common Shares, No Par Value 24,649 $18.30 $451K
Tax Withholding Common Shares, No Par Value 22,059 $18.49 $408K
Holdings After Transaction: Common Shares, No Par Value — 951,875 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SAUNDERS BRENT L

(Last) (First) (Middle)
C/O BAUSCH + LOMB CORPORATION
520 APPLEWOOD CRESCENT

(Street)
VAUGHAN A6 L4K 4B4

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Corp [ BLCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, No Par Value 02/26/2026 F 22,059(1) D $18.49 976,524 D
Common Shares, No Par Value 02/27/2026 F 24,649(1) D $18.3 951,875 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
/s/ Debra E. Levin, attorney-in-fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Bausch & Lomb (BLCO) report for Brent L. Saunders?

Brent L. Saunders reported two Form 4 transactions showing common shares withheld to cover tax obligations from vesting restricted share units. These tax-withholding dispositions occurred on February 26 and February 27 and were not open-market purchases or sales.

How many Bausch & Lomb (BLCO) shares were withheld for taxes in this Form 4?

A total of 46,708 Bausch & Lomb common shares were withheld for taxes: 22,059 shares on February 26 at $18.49 and 24,649 shares on February 27 at $18.30, in connection with vesting restricted share units.

Did Brent L. Saunders sell Bausch & Lomb (BLCO) shares on the open market?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. Shares were withheld by the issuer to satisfy tax obligations upon vesting of restricted share units, as indicated by transaction code F and the accompanying footnote.

How many Bausch & Lomb (BLCO) shares does Brent L. Saunders hold after these transactions?

After the February 27 tax-withholding transaction, Brent L. Saunders directly held 951,875 Bausch & Lomb common shares. This figure reflects his direct ownership following the most recent reported withholding event related to restricted share unit vesting.

What does transaction code F mean in the Bausch & Lomb (BLCO) Form 4?

Transaction code F indicates shares used to pay an exercise price or tax liability. In this Form 4, it refers to common shares withheld to satisfy tax-withholding obligations when restricted share units vested for Brent L. Saunders.