Bausch & Lomb (BLCO) CEO uses common shares to cover RSU tax
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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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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.
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.